Latest news with #NasserKhodri
Finextra
5 days ago
- Business
- Finextra
FIS wins back office gig at MUFG Securities
FIS (NYSE: FIS), a global leader in financial technology, today announced it has been selected by MUFG Securities (Canada), Ltd. (MUSC) to power its back-office operations. 0 As a broker dealer providing services to institutional clients in Canadian capital markets, MUSC chose FIS' Post Trade Processing Platform to help streamline its back-office operations, mitigate risk, and ultimately help unlock business growth. 'Broker-dealers are under more pressure than ever when it comes to headwinds like increased regulatory scrutiny, technology costs, disruptive competitors and thinner margins,' said Nasser Khodri, chief commercial officer and president of Capital Markets at FIS. 'MUFG Securities (Canada), Ltd selecting our post-trade processing solutions is, however, indicative of how we are addressing these issues and improving the workflows that power the world's money at work. We are focused on our product suite's expansion into the Canadian market and look forward to other opportunities that will unlock efficiencies across the entire money lifecycle.' FIS Post Trade Processing Platform is a secure and real-time post trade processing platform. By arming broker-dealers with real-time execution on trade settlements, confirmations and accounting, the platform helps to not only drive business growth for broker-dealers but also fosters trust and transparency for the institutional investors they serve. With a flexible, cloud-native architecture, MUSC will also be able to scale the platform's capabilities as needed - showcasing FIS' commitment to unlocking financial technology that advances how the world pays, banks and invests.
FF News
5 days ago
- Business
- FF News
FIS to Enhance Back-Office Operations for MUFG Securities Canada
FIS® (NYSE: FIS), a global leader in financial technology, today announced it has been selected by MUFG Securities (Canada), Ltd. (MUSC) to power its back-office operations. As a broker dealer providing services to institutional clients in Canadian capital markets, MUSC chose FIS' Post Trade Processing Platform to help streamline its back-office operations, mitigate risk, and ultimately help unlock business growth. 'Broker-dealers are under more pressure than ever when it comes to headwinds like increased regulatory scrutiny, technology costs, disruptive competitors and thinner margins,' said Nasser Khodri, chief commercial officer and president of Capital Markets at FIS. 'MUFG Securities (Canada), Ltd selecting our post-trade processing solutions is, however, indicative of how we are addressing these issues and improving the workflows that power the world's money at work. We are focused on our product suite's expansion into the Canadian market and look forward to other opportunities that will unlock efficiencies across the entire money lifecycle.' FIS Post Trade Processing Platform is a secure and real-time post trade processing platform. By arming broker-dealers with real-time execution on trade settlements, confirmations and accounting, the platform helps to not only drive business growth for broker-dealers but also fosters trust and transparency for the institutional investors they serve. With a flexible, cloud-native architecture, MUSC will also be able to scale the platform's capabilities as needed – showcasing FIS' commitment to unlocking financial technology that advances how the world pays, banks and invests.
Business Wire
5 days ago
- Business
- Business Wire
FIS to Enhance Back-Office Operations for MUFG Securities Canada
JACKSONVILLE, Fla.--(BUSINESS WIRE)-- FIS ® (NYSE: FIS), a global leader in financial technology, today announced it has been selected by MUFG Securities (Canada), Ltd. (MUSC) to power its back-office operations. As a broker dealer providing services to institutional clients in Canadian capital markets, MUSC chose FIS' Post Trade Processing Platform to help streamline its back-office operations, mitigate risk, and ultimately help unlock business growth. 'Broker-dealers are under more pressure than ever when it comes to headwinds like increased regulatory scrutiny, technology costs, disruptive competitors and thinner margins,' said Nasser Khodri, chief commercial officer and president of Capital Markets at FIS. 'MUFG Securities (Canada), Ltd selecting our post-trade processing solutions is, however, indicative of how we are addressing these issues and improving the workflows that power the world's money at work. We are focused on our product suite's expansion into the Canadian market and look forward to other opportunities that will unlock efficiencies across the entire money lifecycle.' FIS Post Trade Processing Platform is a secure and real-time post trade processing platform. By arming broker-dealers with real-time execution on trade settlements, confirmations and accounting, the platform helps to not only drive business growth for broker-dealers but also fosters trust and transparency for the institutional investors they serve. With a flexible, cloud-native architecture, MUSC will also be able to scale the platform's capabilities as needed – showcasing FIS' commitment to unlocking financial technology that advances how the world pays, banks and invests. About FIS FIS is a financial technology company providing solutions to financial institutions, businesses, and developers. We unlock financial technology to the world across the money lifecycle underpinning the world's financial system. Our people are dedicated to advancing the way the world pays, banks and invests, by helping our clients to confidently run, grow, and protect their businesses. Our expertise comes from decades of experience helping financial institutions and businesses of all sizes adapt to meet the needs of their customers by harnessing where reliability meets innovation in financial technology. Headquartered in Jacksonville, Florida, FIS is a member of the Fortune 500® and the Standard & Poor's 500® Index. To learn more, visit Follow FIS on LinkedIn, Facebook and X.
Yahoo
6 days ago
- Business
- Yahoo
FIS Triumphs with Two WatersTechnology Asia Award Wins
Key facts: FIS has won in multiple categories at the 2025 WatersTechnology Asia Awards. FIS Climate Risk Financial Modeler won best Environmental, Social and Governance (ESG) Data Provider. FIS Post Trade Processing Platform won Best Reconciliation Platform. JACKSONVILLE, Fla., May 27, 2025--(BUSINESS WIRE)--Global financial technology leader FIS® (NYSE: FIS) has been named as a winner in multiple categories at the 2025 WatersTechnology Asia Awards. FIS was named best ESG Data Provider for its FIS Climate Risk Financial Modeler and Best Reconciliation Platform for its FIS Post Trade Processing Platform. The WatersTechnology Asia Awards recognize excellence in the deployment and management of financial information and technology within Asia's capital markets community. FIS Climate Risk Financial Modeler was named best ESG Data Provider for helping clients assess potential future cashflows impaired by physical climate change and aiding the creation of risk management strategies. FIS' powerful risk modeling and financial analytics help to unlock climate risk insights which can help model and mitigate risk exposure. The solution harmonizes client data with third-party climate data and is hosted on an interface that is directly tailored to the risk management needs of corporates and financial institutions—ultimately driving more proactive foresight into potential climate-related risks. Meanwhile, FIS Post Trade Processing Platform won Best Reconciliation Platform for its exception management, interfaces to widely-used matching engines, and automatic reconciliation of a range of instruments (including equities, fixed income, exchange-traded and OTC derivatives and digital assets). The cloud-based SaaS platform helps to streamline workflows, combining middle-office, accounting, settlement, securities lending, corporate actions, collateral management, and treasury all on one powerful integrated platform, allowing businesses to supercharge their post-trade operations to make money work harder. Nasser Khodri, Head of Capital Markets at FIS said: "Achieving recognition through these awards is a testament to our commitment to help our clients navigate the ever-changing landscape across global markets and unlock financial technology to the world. We're committed to creating end to end experiences for our clients in APAC through our solutions and helping to bring harmony to the money lifecycle across the globe." About FIS FIS is a financial technology company providing solutions to financial institutions, businesses, and developers. We unlock financial technology to the world across the money lifecycle underpinning the world's financial system. Our people are dedicated to advancing the way the world pays, banks and invests, by helping our clients to confidently run, grow, and protect their businesses. Our expertise comes from decades of experience helping financial institutions and businesses of all sizes adapt to meet the needs of their customers by harnessing where reliability meets innovation in financial technology. Headquartered in Jacksonville, Florida, FIS is a member of the Fortune 500® and the Standard & Poor's 500® Index. To learn more, visit Follow FIS on LinkedIn, Facebook and X. View source version on Contacts For More Information Kim Snider, 904.438.6278Senior Vice PresidentFIS Global Marketing and Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
02-04-2025
- Business
- Yahoo
FIS Launches Securities Matching Solution to Help Maximize Efficiencies for the U.S. Securities Finance Industry
Key Facts FIS has launched its automated Securities Finance Matching Platform in the U.S., following the completion of its SEC filing process. Licensed broker-dealers in the U.S. will be able to leverage FIS' scalable automated matching technology for more efficient, secure and cost-effective securities financing. As a new offering in the space, America's capital markets ecosystem can now also benefit from more choice and, subsequently, reduced single-point-of-failure risk. JACKSONVILLE, Fla., April 02, 2025--(BUSINESS WIRE)--FIS® (NYSE: FIS), a global leader in financial technology, today announced the launch of its new Securities Finance Matching Platform in the U.S., following the completion of its SEC filing process. The cloud-native solution employs smart automated matching technology for secure, scalable and cost-effective securities finance for broker-dealers. As a new offering in the space, the solution can help give U.S. broker-dealers more choice for smart securities matching, reducing single-point-of-failure risk for an industry that is critical to putting the world's money to work. As part of the FIS Securities Finance Suite, the U.S. rollout follows the launch of the solution in the U.K. market in 2024, illustrating FIS' commitment to unlocking financial technology across the entire money lifecycle and on a global scale. Why the Securities Finance Matching Platform Matters Broker-dealers are facing a significant need for greater efficiency in a market characterized by growing trade volumes and shrinking margins. As a new alternative trading system (ATS), FIS' Securities Finance Matching Platform uses smart automation to achieve the lowest-cost match between securities lenders and borrowers quickly and accurately, all while prioritizing risk management. The solution identifies the best-match scenario by automating the evaluation of multiple factors involved in securities trading, including fee or rebate rate, capital requirements, transaction and reporting costs, as well as counter-party trading patterns. "Lenders and borrowers across the U.S. securities finance market are seeking technology that can help them manage their growing volume of trades in the most economical and efficient manner," said Nasser Khodri, head of Capital Markets at FIS. "FIS' Securities Finance Matching Platform has the potential to revolutionize this space by unlocking cost and operational benefits through smart automation technology. I applaud the team on this milestone and look forward to launching this solution in additional geographies in the future." FIS Securities Finance Matching Platform services offered within the United States are provided by FIS Brokerage & Securities Services LLC, Member FINRA, SIPC. About FIS FIS is a financial technology company providing solutions to financial institutions, businesses and developers. We unlock financial technology that underpins the world's financial system. Our people are dedicated to advancing the way the world pays, banks and invests, by helping our clients confidently run, grow and protect their businesses. Our expertise comes from decades of experience helping financial institutions and businesses adapt to meet the needs of their customers by harnessing the power that comes when reliability meets innovation in financial technology. Headquartered in Jacksonville, Florida, FIS is a member of the Fortune 500® and the Standard & Poor's 500® Index. To learn more, visit Follow FIS on Facebook, LinkedIn and X. View source version on Contacts For More Information Kim SniderSenior Vice PresidentFIS Global Marketing and Sign in to access your portfolio
