FIS CEO Sees Opportunities for Partnerships in FinTech

The transcript discusses FIS's focus on financial services, generating over $9 billion in revenue. It highlights the company's broad range of products and services, including retail banking and institutional products. The conversation shifts to the optimism surrounding deregulation and its impact on FIS's sales, noting an 18-month tailwind before revenue effects are fully realized. The discussion also covers industry trends, such as banks forming consortia to reduce costs and the potential for partnerships with FIS, emphasizing opportunities for collaboration and leveraging technology.

What is the primary focus of FIS's business?

• Retail management

• Healthcare services

• Financial services

• Manufacturing

How long is the expected tailwind from regulatory reform for FIS?

• 18 months

• 24 months

• 6 months

• 12 months

What is one of the outcomes FIS is experiencing due to regulatory optimism?

• Decreased sales volume

• Increased sales volume

• Stagnant sales volume

• Reduced product lines

What strategy are big banks using to potentially reduce their reliance on FIS?

• Forming consortia

• Hiring more staff

• Increasing retail branches

• Investing in real estate

What successful utility has FIS recently developed with large banks?

• Loan management utility

• Retail banking utility

• Post-trade derivatives utility

• Credit card processing utility