Latest news with #SteveSabin
Yahoo
6 days ago
- Business
- Yahoo
FIS Announces ATLAS SP Partners as New Client for Commercial Loan Servicing Solution
Key Facts ATLAS SP Partners (ATLAS), a global investment firm providing bespoke structured credit and asset-backed finance solutions, has chosen FIS' Commercial Loan Servicing Solution to help drive and streamline its investment workflows. The solution offers enhanced data-driven decision-making and investment efficiencies, helping provide ATLAS' borrowers and investors with more accurate and timely reporting. JACKSONVILLE, Fla., June 03, 2025--(BUSINESS WIRE)--FIS® (NYSE: FIS), a global leader in financial technology, today announced that ATLAS SP Partners (ATLAS), a leading provider of structured and asset-backed credit to institutional borrowers and institutional investors, has chosen FIS' Commercial Loan Servicing solution to help power ATLAS' loan lifecycle processing workflows. The solution's automated capabilities, flexibility, and enhanced risk management offerings will support ATLAS' continued best-in-class service for both investors and borrowers, delivering even greater efficiency and transparency around loan and investment details. According to Moody's, the total money put to work by non-bank lenders will jump to $3 trillion by 2028. With investors looking for enhanced returns and banks finding new lending activity through strategic partnerships with these non-bank lenders, the need for technology solutions that unlock efficiency and transparency will be greater than ever. This announcement underscores how FIS is helping sophisticated investment platforms meet that demand – combining its expertise in asset management and commercial lending with a history of innovation across the entire money lifecycle. "Commercial lending plays a powerful role in the economy by facilitating the flow of money at work to fund growth, but fragmented and manual operations can impair a lender's ability to serve their borrowers and meet the reporting expectations of their investors," said Steve Sabin, head of Capital Markets Lending at FIS. "This is a particularly pressing issue for private lenders, who are gaining an increasing share of the market's lending volume but need robust processes in place to manage their complex strategies and meaningfully report results. By working with ATLAS, we're supporting a key player in further enhancing its operational agility and reporting capabilities to better serve their investors, and I look forward to bringing those benefits to the wider industry." As a key offering within FIS' wider Commercial Lending Suite, FIS' solution seeks to provide optimized decision-making, improved data quality, and advanced analytics to help commercial lenders drive efficiencies and boost growth. With tightly integrated functionality and workflow, the solution helps cover the lifecycle of a commercial loan, automates tailored processes and controls, and leverages robust product, fee, accrual and transaction processing. Customizable product structures, sophisticated agency servicing, and powerful security further enhance the solution, ultimately creating a powerful product for lenders that is consciously tailored for small and middle-market borrowers. "As we scale and evolve our leading platform, continuing to build out a foundation of best-in-class services and infrastructure is critical to supporting our long-term growth objectives," said Joseph Cuccia, Head of Lending Operations and Transformations at ATLAS. "We are excited to integrate FIS' solution, a flexible, configurable system that has the ability to grow with us, drive operational efficiencies for our investment processes, and support us in continuing to deliver tailored, innovative finance solutions for our clients." Lenders interested in the Commercial Loan Servicing solution and FIS' Commercial Lending Suite can visit to learn more. 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 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
07-02-2025
- Business
- Yahoo
FIS Continues Awards Momentum With New Chartis Research Accolades for Lending and Credit Risk Solutions
Key Facts FIS won the Lending Operations – LOS (Loan Origination Systems) category in the 2025 Chartis RiskTech100 ranking report for the second year in a row and is positioned among the industry leaders in two new Chartis report RiskTech Quadrants. FIS also received five "Category Leader" designations in Chartis' 2024 Credit Lending Operations Report. These accolades illustrate FIS' market-leading position in lending and credit risk technology and recognize its ability to manage the entire lending life cycle for global banks, local credit unions, nonbank financial institutions and more. JACKSONVILLE, Fla., February 07, 2025--(BUSINESS WIRE)--FIS® (NYSE: FIS), a global leader in financial technology, today announced a host of new recognitions from Chartis Research for its portfolio of lending and credit risk solutions. FIS won the Lending Operations – LOS (Loan Origination Systems) category in the 2025 Chartis RiskTech100 ranking report for the second year in a row, was positioned among industry leaders in two new Chartis report RiskTech Quadrants and was named a "Category Leader" five times in Chartis' 2024 Credit Lending Operations Report. FIS Commercial Loan Origination, FIS Enterprise Risk Suite, FIS Commercial Lending Suite, and FIS Loan Services were all recognized by Chartis as leaders in their respective categories. "Today's lenders are a key part of helping businesses navigate this continually evolving economy, but fragmented technology and legacy systems create operational disharmony and can hold lenders back from providing the best solutions for their borrowers," noted Steve Sabin, head of Lending Solutions at FIS. "These awards and recognitions underscore our commitment to breaking down roadblocks in this space, ultimately improving efficiencies for our clients." FIS is successful in its ability to deliver solutions that span the entire money life cycle, whether money is at rest in deposit accounts, in motion through payments, or at work through investing and lending. With these accolades and recognitions, Chartis is showcasing FIS' ability to manage entire lending life cycles in the money-in-motion pillar and is highlighting FIS' commitment to unlocking financial technology to the world. In Chartis' 2024 Credit Lending Operations Report, FIS also received multiple "Category Leader" commendations and "Industry-Leading" capability scores for several RiskTech Quadrants, illustrating the market-leading position held by FIS' Commercial Lending Suite, Securities Finance Trading and Collateral Platform, Private Capital Suite, and its private credit suite of products. "FIS was a category leader in all quadrants in Chartis' Credit Lending Operations report for 2024 and won the award for best Loan Origination System in our RiskTech100 2025 ranking and report. This reflects continued expansion of its product coverage, supported by an appropriate technology infrastructure and deep domain expertise in the credit lending space," said Anish Shah, research director at Chartis. "This notable expansion has occurred throughout the credit management and lending operations life cycle, starting with the key process of loan origination and covering credit portfolio management and the entire loan management workflow." 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 life cycle 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 Kim Snider, 904.438.6278Senior Vice PresidentFIS Global Marketing and
