FIS reengineers private capital suite as cloud-native SaaS solution

JACKSONVILLE - Financial technology company FIS (NYSE:FIS), a $33.7 billion market cap enterprise with annual revenue exceeding $10.3 billion, has reengineered its Private Capital Suite as a cloud-native software-as-a-service solution, according to a company press release issued Tuesday.

The upgraded suite now offers a front-to-back solution through integration with FIS’ newly launched Investor Services Suite. The enhanced platform covers the full private equity lifecycle, including investor onboarding, portfolio monitoring, analytics, fund accounting, reporting, and data management.

The cloud-native architecture provides increased flexibility and scalability to help private equity managers handle complex fund processing with improved efficiency, compliance, and transparency. The solution also features enhanced anti-money laundering and know-your-customer capabilities.

A key addition to the platform is multijurisdictional compliance functionality, designed to support private equity firms operating across multiple global markets.

"The growth in private equity has brought complexities that include more intricate fund structures, multijurisdictional compliance, and higher investor expectations for transparency and digital access," said Matt Stauffer, head of Back Office Solutions at FIS, in the press release.

The reengineered Private Capital Suite is part of FIS’ recent product launches, which include the Optimized Reconciliation Service, Investor Services Suite, and Neural Treasury.

FIS is headquartered in Jacksonville, Florida, and is a member of both the Fortune 500 and the Standard & Poor’s 500 Index.

In other recent news, Fidelity National Information Services (FIS) reported its Q2 2025 earnings, which showed a slight miss on both earnings per share (EPS) and revenue forecasts. The company posted an EPS of $1.36, just below the expected $1.37, and revenue came in at $2.57 billion, slightly under the anticipated $2.58 billion. Despite these minor shortfalls, FIS raised its full-year revenue guidance. Additionally, FIS launched its Neural Treasury suite, an AI-powered solution aimed at enhancing corporate treasury operations. This new suite incorporates advanced technologies like machine learning and robotics. On the analyst front, Raymond James lowered its price target for FIS to $88.00 from $95.00, maintaining an Outperform rating due to mixed second-quarter results. Meanwhile, Mizuho also adjusted its price target to $83.00 from $85.00 but reiterated its Outperform rating, suggesting concerns about the company’s fiscal year organic revenue growth are exaggerated. These developments highlight the ongoing adjustments and innovations within FIS.

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