FIS Leads Core Banking Modernization for Second Straight Year, Everest Group Core Banking Report Finds
MWN-AI** Summary
FIS has achieved a significant milestone by being ranked #1 for the second consecutive year in the Everest Group's Top 50™ Core Banking Technology Providers report for 2026. This independent benchmark assesses core banking platforms based on their scale, innovation, and global reach. The recognition underscores FIS's pivotal role in guiding financial institutions through a critical modernization phase, essential for maintaining the sanctity of deposits and enhancing banking relationships.
In a rapidly evolving financial landscape, banks are increasingly pressured to upgrade their core systems. Everest Group’s report emphasizes the importance of adopting modular architectures, AI-led automation, and cloud-native platforms, which are essential trends in this modernization journey. FIS stands out not only for its overall ranking but also for its strategic investments in agentic AI technologies, showcasing its commitment to integrating next-generation capabilities into its banking platforms.
Peter Boyer, SVP and Head of Global Banking at FIS, remarked that the ranking reflects the experiences of their clients during this transformative period. He emphasized the necessity for banking partners equipped with the technology, experience, and expertise to deliver impactful results in the face of this modernization cycle.
FIS's suite of core banking solutions, including the Modern Banking Platform and Profile, supports over 500 clients and approximately 200 million accounts across five countries. The company's open, API-first architecture allows for incremental modernization, ensuring financial institutions can integrate new capabilities in payments, digital services, and fraud prevention without disrupting their existing infrastructure.
This recognition from the Everest Group further solidifies FIS's status as a trusted partner in financial technology, as banks navigate this crucial transformation in an ever-changing industry landscape.
MWN-AI** Analysis
FIS's back-to-back ranking as the #1 core banking technology provider by Everest Group underscores its strong market position and highlights critical trends in banking technology. Financial institutions face increasing pressure to modernize their core systems, and FIS's pivotal role in this transformation is worth noting for stakeholders and investors.
This recognition reflects FIS's commitment to leveraging next-generation AI capabilities, essential for banks navigating an era where technology evolves rapidly. The incorporation of agentic AI investments allows FIS to enhance its offerings, enabling clients to achieve efficiency without overhauling existing infrastructures. Given that financial institutions safeguard trillions in deposits, it's crucial to partner with providers like FIS that bring both scale and innovation.
The Everest Group report emphasizes modular architectures and cloud-native platforms as key trends in core banking modernization. FIS's platforms, which serve over 500 clients and manage roughly 200 million accounts globally, perfectly align with this trend. Their API-first architecture ensures that financial institutions can incrementally modernize, integrating digital solutions without significant disruption.
For investors, the sustained performance of FIS signifies a robust growth opportunity. Their diversification into AI and modular systems is not only a response to the modernization requirement but also positions them favorably against competitors. The recognition of their capabilities in key markets, such as North America and MENA, suggests an expanding footprint that can be beneficial for future revenues.
Financial institutions must prioritize partners that have demonstrated excellence and innovation, and FIS stands out as a leader in this space. For those considering investments in financial technology, FIS represents a compelling option grounded in proven success, extensive client relationships, and a strong commitment to driving the industry forward. As banks embark on this critical modernization journey, aligning with FIS could provide the competitive edge necessary in today's digital landscape.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
Key facts
- For the second consecutive year, FIS has been ranked #1 in the Everest Group Top 50™ Core Banking Technology Providers 2026 report, the industry's leading independent benchmark of core banking platform scale, innovation, and global reach.
- In addition to the #1 overall ranking, FIS was recognized among core banking technology providers making agentic AI investments - reflecting the company's commitment to embedding next-generation AI capabilities across its banking platforms.
Banks are modernizing or falling behind, and the institutions responsible for safeguarding trillions in deposits cannot afford to get that choice wrong. For the second consecutive year, FIS® (NYSE: FIS), a global leader in financial technology, has been ranked #1 by Everest Group among the world's top 50 core banking technology providers. The recognition affirms FIS's position as the partner financial institutions trust to navigate one of the most consequential technology transitions in the industry's history.
The recognition comes as banks face mounting pressure to modernize the core systems that safeguard money at rest - the deposits, accounts, and balances at the heart of every banking relationship. Everest Group's 2026 report highlights modular architectures, AI-led automation, and composable, cloud-native platforms as the trends reshaping that journey. FIS's back-to-back #1 ranking reflects its ability to guide institutions through that transformation, across every layer of the money lifecycle.
Beyond the top overall ranking, FIS was recognized among core banking technology providers making agentic AI investments, a distinction that reflects the company's active work to embed AI as a strategic accelerant across its banking platforms, helping financial institutions move faster without disrupting the infrastructure they depend on. FIS also received regional Spotlight recognition in North America and the Middle East and Africa and was acknowledged among providers serving credit unions.
"Being ranked #1 for the second consecutive year reflects what our clients are experiencing every day," said Peter Boyer, SVP, Head of Global Banking, FIS. "Banks are in the midst of one of the most consequential modernization cycles in a generation - one that demands a partner with the scale, technology, and deep expertise to deliver real outcomes. That's the standard we hold ourselves to, and this recognition affirms we're meeting it."
FIS's core banking platforms, including Modern Banking Platform, Profile, Systematics, Integrated Banking Solutions (IBS), and HORIZON, serve over 500 clients across 5 countries, driving activity across ~200M accounts worldwide. Built on an open, API-first architecture and strengthened through decades of strategic investment and M&A, FIS gives financial institutions the breadth to modernize incrementally: connecting core banking with digital, payments, and fraud prevention capabilities, and deploying AI-powered solutions without disrupting existing infrastructure.
About the ranking:
The Everest Group Top 50™ assesses 50 global providers on a weighted composite score, with revenue and customer base carrying the greatest weight at 50%. FIS placed first across all four parameters.
FIS is a financial technology company providing solutions to financial institutions and businesses. 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 .
View source version on businesswire.com: https://www.businesswire.com/news/home/20260416775644/en/
For More Information
Nicole Alley
Vice President
FIS Global Marketing and Communications
904.438.6278
Nicole.Alley@fisglobal.com
Lauren Pozmanter
US & Corporate PR Lead
FIS Global Marketing and Communications
631.827.7963
Lauren.Pozmanter@fisglobal.com
FAQ**
How does Fidelity National Information Services Inc. FIS plan to maintain its #1 ranking among core banking technology providers in the face of evolving market demands and increasing competition?
In what specific ways is Fidelity National Information Services Inc. FIS embedding agentic AI capabilities into its banking platforms to enhance client services?
Considering the pressure on banks to modernize, how does Fidelity National Information Services Inc. FIS ensure that its solutions integrate smoothly with existing infrastructures?
What strategic investments or partnerships is Fidelity National Information Services Inc. FIS pursuing to further advance its position in the core banking technology landscape?
**MWN-AI FAQ is based on asking OpenAI questions about Fidelity National Information Services Inc. (NYSE: FIS).
NASDAQ: FIS
FIS Trading
0.19% G/L:
$42.34 Last:
3,808,857 Volume:
$42.715 Open:
