Finance Breaking news FIS signs long-term deal with Caceis last financial news

Breaking-Finance.Com - Financial technology leader FIS (NYSE: FIS) announced today that it has signed a long-term agreement with CACEIS, jointly owned by Credit Agricole S.A. and Santander, to provide the asset servicing firm with an enhanced payment hub to industrialize payment operations, reduce processing costs and provide a smooth payment experience.

Finance Breaking news FIS signs long-term deal with Caceis last financial news

Breaking-Finance.Com - Financial technology leader FIS (NYSE: FIS) announced today that it has signed a long-term agreement with CACEIS, jointly owned by Credit Agricole S.A. and Santander, to provide the asset servicing firm with an enhanced payment hub to industrialize payment operations, reduce processing costs and provide a smooth payment experience.

Finance Breaking news FIS signs long-term deal with Caceis last financial news
02 September 2020 - 13:00

Breaking-Finance.Com - With custodial assets of € 3.9 trillion, CACEIS is a leading provider of execution, clearing, securities lending, custody and fund services to asset managers and institutional and corporate clients worldwide. The firm was looking for a best-in-class platform to standardize its cross-border payments, while complying with ISO 20022 and other emerging payments standards.CACEIS selected the FIS Open Payment Framework (OPF), an innovative real-time payments platform that supports ISO 20022 payments standards.

.“It’s very important to CACEIS not only that we stay ahead of evolving regulatory requirements, but that we provide our clients with a modern, streamlined payment experience,” said Fabien Azavant, Chief Information Officer at CACEIS. “A single platform from FIS will enable us to do that in all our entities, while also streamlining costs and enhancing visibility of our international payments.”“CACEIS joins a growing roster of organizations that are taking advantage of the advanced functionality of the FIS Open Payment Framework,” said Sandeep Gill, senior vice president, Banking Solutions and International Markets at FIS. “We look forward to working with this market leader to realize the benefits of deploying our payments platform.”

Source = Breaking-Finance.Com

Financial breaking news

This news 45 hits received.

Finance Breaking news FIS signs long-term deal with Caceis last financial news


Finance Breaking news FIS signs long-term deal with Caceis last financial news


Finance Breaking news FIS signs long-term deal with Caceis last financial news


Finance Breaking news FIS signs long-term deal with Caceis last financial news

COMMENTS

  • 0 Comment
MAY INTEREST YOU x
Finance Breaking news Westpac sells stake in BNPL firm Zip for $337 million last financial news
Finance Breaking news Westpac sells stake in BNPL firm Zip for $337...
Finance Breaking news From hypotheticals to reality: P27 cogs are well and truly turning last financial news
Finance Breaking news From hypotheticals to reality: P27 cogs are...