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  • Public Info posted an update 1 year, 3 months ago

    FIS, a global financial technology leader headquartered in Jacksonville, Florida, is indeed making strides to expand its post-trade presence in Canada. This move is part of a broader strategic initiative by the company to support and drive back-office modernization across capital markets.
    A key development in this expansion is the recent selection of FIS’s Post Trade Processing Platform by MUFG Securities (Canada), Ltd. (MUSC). This partnership aims to streamline MUFG Securities Canada’s back-office operations, mitigate risk, and enhance transparency for its institutional investors.
    FIS’s Post Trade Processing Platform is designed to help firms manage post-trade workflows efficiently, including trade settlement, confirmations, and accounting. The platform emphasizes real-time processing and a cloud-based infrastructure, offering flexibility and scalability through its open API and SaaS-based setup. This allows firms like MUSC to adapt to evolving business needs and regulatory demands.
    The company has highlighted the increasing pressure on broker-dealers to improve efficiency, reduce operational risk, and manage rising technology costs. By offering its advanced post-trade solutions, FIS aims to address these challenges and unlock efficiencies across the entire money lifecycle within the Canadian market. This expansion signals FIS’s commitment to delivering innovative financial technology that advances how the world pays, banks, and invests.

    Video courtesy of CSOB

    Video courtesy of CSOB .