During its investor day presentation on Tuesday, FIS unveiled its strategic roadmap aimed at capturing a significant share of the global money movement market, valued at approximately $200 billion.
Stephanie Ferris, CEO of FIS, underscored the company’s robust business model, emphasizing its focus on highly recurring revenue streams that drive double-digit total returns. With revenue deriving from various segments—29% from “money at rest,” 44% from “money in motion,” and 27% from “money at work”—FIS is strategically positioned to capitalize on opportunities across the financial landscape.
Amidst macro trends shaping the industry, including heightened competition from non-traditional players like FinTechs and corporates, Ferris highlighted the evolving expectations of consumers. Today’s consumers demand seamless, personalized financial experiences akin to their interactions with streaming services and smartphones.
To meet these evolving demands, financial institutions, corporations, and FinTechs are increasingly seeking to embed financial capabilities into their software and offerings, catering to the specific needs of their end-users.
Firdaus Bhathena, Chief Technology Officer at FIS, outlined key initiatives driving the company’s growth trajectory, including a shift toward the public cloud, scalable artificial intelligence implementations, and the rapid deployment of plug-and-play solutions for money movement.
In the banking solutions domain, John Durrant, President of Banking Solutions at FIS, highlighted the company’s strong foothold, with approximately 60% of large and regional banks in the U.S. being FIS core banking clients. FIS processes over 17 billion transactions annually through its payments technology, with $8 trillion in assets administered through its platforms.
Durrant emphasized the cross-selling opportunities within the capital markets solutions segment, presenting a $300 million revenue opportunity for banking operations. Additionally, initiatives like the Atelio platform are poised to provide scaled distribution into emerging markets, including FinTechs and software vendors.
Looking ahead, FIS anticipates accelerated growth in the payment space, driven by regulatory changes and the increasing digitization of payments. With its strategic initiatives and industry tailwinds, FIS is well-positioned to capitalize on emerging opportunities and solidify its position as a leader in global money movement.