FIS is a global leader in payment and banking solutions. The financial services technology company offers software and services to more than 20,000 clients in over 130 countries and serves 40 of the 50 top global banks including 9 of the top 10. Their technology powers billions of transactions that move over $9 trillion around the world. It is a Fortune 500 company and member of the Standard & Poor's 500 Index. FIS employees more than 55,000 employees and is headquartered in Jacksonville, Florida. Their motto is: "We never lose sight that FIS succeeds only when our clients succeed." For example, their main goal for their electronic payments business segment is to increase their exisiting client's payment volumes. The software they provide is for risk management - bank's opening new accounts/operational risk/CCP risk, lending software - for investment bank trust and wealth management purposes and mortgage lenders to assess creditworthiness of potential borrowers, and pattern detection software for fraud detection and analytics. The services they provide overseas and in America are electronic payment solutions such as Cardless Cash, post-trade utility for trade clearing, trade lifecycle management, margin processing, brokerage, reconciliation and data management, especially for FCM's OTC derivatives and Futures. Barclays - an industry leader in the global cleared derivatives industry, became their anchoring client for post-trade utilities in 2015 and Credit Suisse in 2016 - the largest US client clearer for OTC derivatives, with almost $11 billion in client collateral. The derivatives clearing utility was founded by Sungard before it was acquired by FIS in November 2015. Other robust services are treasury and cash management solutions, emerging markets healthcare and government payments, technology outsourcing, consulting, cardholder services, ATM activity, online banking, (in the forefront of) mobile banking, IT infrastructures, loyalty programs, checking, and (electronic fund transfer) wire transfers for banks, credit unions, and savings institutions. FIS has a high retention rate with clients and meets the demands for their card transaction services as they continue to contract services to FIS rather than it's competitors. FIS is well positioned to meet the technology outsourcing demand, because it has acquired many outsourcing companies over the years which have given them more resources, control and reduced costs. They also meet the needs of the financial industry's growing concern for regulation requirements. Having recently acquired one of their biggest competitors, Sungard, FIS is well positioned to meet the needs of the financial services industry on full scale and capture the IT spending.