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Fidelity National Information Services Refocuses With New Bonds And SaaS Win
Fidelity National Information Services (FIS) recently refinanced debt from acquisitions by issuing new bonds in USD and Euro, while also securing a new SaaS client, Integrity Viking Funds, for its Investment Accounting Manager solution. These moves indicate FIS’s strategy to reshape its balance sheet and focus on recurring, cloud-based fintech services. Despite declining long-term returns, the company aims to enhance its financial flexibility and expand its role in asset management workflows, as it is also assessed as trading below one estimate of fair value with strong forecast earnings growth.