SWOT Analysis on Fidelity National Information Services
Fidelity National Information Services is the world’s largest global provider dedicated to banking and payments technologies. With a long history deeply rooted in the financial services sector, FIS serves more than 14,000 institutions in over 100 countries. Headquartered in Jacksonville, Fla., FIS employs more than 32,000 people worldwide and holds leadership positions in payment processing and banking solutions, providing software, services and outsourcing of the technology that drives financial institutions (Basch, 2009). First in financial technology, FIS tops the annual FinTech 100 list, is 425 on the Fortune 500 and is a member of Standard & Poor’s 500 Index. In 2004, prior to the merger which created FIS; FIS had acquired the rights to Profile, their main banking application, by acquiring Sanchez Computer Associates, Inc. of Malven Pennsylvania.
• Fidelity went into the marketplace for payment technology at a point in time while there were hardly any other contestants in the marketplace; allowing them to set up their product given name and image for providing an inimitable tune-up.
• Fidelity was the chief to offer banking and payment leasing through mail and this permitted them to proffer a superior assortment of payment to clients as evaluated to their participants at the time, as bank payments were comparatively new-fangled to the marketplace.
• Joint with its winning commerce mock-up, Fidelity National near the beginning entrance has permitted it to keep a high relation market split in the online payment leasing production.
• On April 1, 2009, Fidelity National Information Services announced that it had get hold of Metavante Technologies (NYSE: MV) and premeditated to close the contract in the third quarter.
• Due to Federal dictatorial approval, the $4.4 billion deal was postponed, but officially closed on October 1, 2009.
• The business recognizes it possible unbeneficial in the extensive run to buy more shares shortly to hand out the rush when a share initial becomes obtainable, for the reason that the clients will choose some other company over them.
• Fortunately for Fidelity, this service is currently available as a per-screening basis.
• Fidelity is able to start of this possibility if it is flourishing in competently providing streaming satisfied to a client on a point in time practice base rather than a per-screening basis.
• Active organization could probably facilitate Fidelity to take up present suppliers of this tune-up.
• If Fidelity National is to drop its natural, dependable image, it might not know how to keep enough of the marketplace to continue to exist.
• Fidelity National is less right to vie with hardware improvements, for the reason that it has slight knowledge in this region, although such improvements can finally be corresponding rather than competitive.
• They should give good services to their customers, if not. They might lose them.
• Fidelity National Information Services, Investors. (2012). Official Website: http://www.investor.fisglobal.com/phoenix.zhtml?c=180304&p=irol-IRHome Retrieved: 30th Oct, 2012
• Basch, Mark. (2009). "Fidelity National Information Services has new brand as it completes merger". Florida Times-Union.
• Yahoo Finance/Fidelity National Information Services. (2012). Official Website: http://finance.yahoo.com/q?s=FIS Retrieved: 30th Oct, 2012