STOCK TITAN

Integrity Viking Funds Modernizes Investment Accounting Infrastructure with FIS Investment Accounting Manager

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags

Key facts

  • Integrity Viking Funds has chosen FIS Investment Accounting Manager to modernize its investment accounting infrastructure.
  • Cloud-based solution delivers sophisticated fixed income accounting capabilities previously accessible only to largest institutional players.
  • Partnership demonstrates FIS’ ability to democratize enterprise technology for asset managers of all sizes.

JACKSONVILLE, Fla.--(BUSINESS WIRE)-- Global financial technology leader FIS® today announced that Integrity Viking Funds has selected FIS Investment Accounting Manager to modernize its investment accounting infrastructure. The partnership demonstrates FIS’ ability to deliver enterprise-grade technology to handle increasingly complex investment strategies without prohibitive costs or operational complexity to asset managers of all sizes.

As investment strategies grow more sophisticated and incorporate alternative assets, complex derivatives, and diverse fixed income instruments, the systems that track and value these holdings must deliver corresponding sophistication without corresponding complexity or cost barriers.

To address these ever-changing demands, Integrity Viking Funds has selected FIS Investment Accounting Manager to modernize its investment accounting software. The SaaS-based solution, which supports an exhaustive range of investment types, asset classes and accounting methodologies, empowers asset managers and fund administrators to quickly and cost-effectively integrate their core platform with other solutions as needed to support any new investment strategy. The solution is highly automated, provides access to timely, accurate data with reporting capabilities, and cuts through complexity with fully integrated tools to help improve operational efficiency while keeping investors' money actively at work.

Shelly Nahrstedt, Treasurer at Integrity Viking Funds said: “For years, we believed that firms of our size had to settle for less robust platforms that couldn't fully support the complexity of our fixed income strategies. FIS has changed that equation entirely. Their decades of industry expertise have led to them providing us with a solution which allows us to capture and automate every security type and amortization method our portfolio demands. We're no longer spending valuable time on manual corrections and workarounds, so we can finally focus on what matters most: delivering superior outcomes for our investors.”

"Asset managers are navigating increasingly complex investment strategies while facing heightened expectations for precision, transparency, and speed," said Matt Stauffer, Head of Back Office Solutions at FIS. " When firms can compete on strategy rather than being constrained by their systems, this is ultimately better for investors depending on accurate portfolio management."

The implementation reflects FIS' commitment to unlocking financial technology for organizations across the money lifecycle, enabling asset managers to access the sophisticated capabilities necessary to manage today's complex investment portfolios of money at work.

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 lifecycle 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 FISglobal.com. Follow FIS on LinkedIn, Facebook and X.

For More Information

Kim Snider, 904.438.6278

Senior Vice President

FIS Global Marketing and Communications

kim.snider@fisglobal.com 

Source: Fidelity National Information Services

Fidelity Natl Information Svcs

NYSE:FIS

FIS Rankings

FIS Latest News

FIS Latest SEC Filings

FIS Stock Data

25.89B
511.59M
Information Technology Services
Services-business Services, Nec
Link
United States
JACKSONVILLE