In a bold move to simplify one of finance’s most complex back-office functions, FIS has rolled out its new Asset Servicing Management Suite, a unified platform designed to automate and integrate critical post-trade processes—from corporate actions to proxy voting, class action claims, operational claims, and tax reclaims.

The announcement marks a significant step for the global financial technology leader, which aims to redefine how institutions manage the intricate, often fragmented world of asset servicing.

Fixing Finance’s Hidden Inefficiencies

Asset servicing—the plumbing of the investment world—rarely grabs headlines, but it’s where billions of dollars hinge on getting the details right. From dividend entitlements to shareholder votes, even minor errors can cascade into real financial losses.

According to Matt Stauffer, Head of Back Office Solutions at FIS, “Operational inefficiencies in asset servicing directly translate to real financial losses for everyday investors.” In other words, when the post-trade pipes leak, investors’ returns drip away.

FIS’ new suite aims to plug those leaks. By automating manual workflows and consolidating data from traditionally siloed systems, the platform promises greater accuracy, transparency, and control across the full lifecycle of asset servicing. It’s designed to eliminate the reliance on multiple vendors—a common pain point for large financial institutions juggling disparate software and data feeds.

Why It Matters

The financial industry has long grappled with outdated, disjointed infrastructures in post-trade operations. Many firms rely on a patchwork of legacy systems and third-party providers, creating inefficiencies, compliance risks, and higher operational costs.

The FIS Asset Servicing Management Suite changes the equation by serving as a single, integrated command center. This approach helps:

• Reduce data fragmentation by harmonizing multiple workflows into one system.
• Enhance decision-making with consistent, real-time insights.
• Lower operational risk and cost through automation.
• Improve client satisfaction with faster, error-free processing.

It’s a timely play. With regulatory scrutiny tightening and margins under pressure, asset managers and custodians are being forced to modernize their middle- and back-office functions. Firms like Broadridge, BNY Mellon’s Eagle, and SS&C Technologies have been investing heavily in automation and AI-driven post-trade systems—an arena FIS clearly intends to dominate.

Beyond Efficiency: A Strategic Shift

While automation is the immediate headline, the broader implication is strategic. By consolidating operational functions into one suite, FIS positions itself not just as a software vendor but as a holistic infrastructure partner for financial institutions.

The move also aligns with a wider industry trend: digitizing the entire investment lifecycle, from trade execution through to reporting. As capital markets grow increasingly data-driven, integrated platforms like this could help firms pivot from firefighting operational errors to proactively managing value creation.

For FIS, which has long provided payment and core banking technologies, this expansion deeper into asset servicing underscores its vision to “unlock financial technology to the world.”

The Bottom Line

Post-trade operations may not be glamorous, but they’re mission-critical—and ripe for disruption. FIS’s new suite targets the very inefficiencies that have plagued asset servicing for decades, promising to make the process faster, cleaner, and more transparent.

If the technology delivers as promised, the Asset Servicing Management Suite could set a new standard for how global financial institutions run the machinery behind modern investing.