FIS (NYSE: FIS), a global leader in financial technology, today announced the launch of its next-generation enterprise treasury platform, Treasury and Risk Manager – Quantum Cloud Edition.
This cloud-native solution can support increased workloads, larger transaction volumes, and increased enterprise connectivity, scaling these capabilities to provide CFOs and corporate treasurers with greater visibility of risks; improved data-driven decision-making; and faster, more efficient money movement.
Why Cloud Enablement Matters
This next-generation treasury and risk management solution is a testament to FIS’ commitment to innovating across the money lifecycle, unlocking insights for more informed strategic decisions and giving customers a clearer understanding of risk exposure and capital allocation.
FIS is launching its enhanced solution as CFOs and corporate treasurers increasingly need to accelerate performance across their technology infrastructure. According to EY, 65% of businesses have made strategic investments in the cloud, but only 32% are achieving their goals for the technology, a dynamic that reinforces the importance of true scalability for more effective cloud-based ecosystems.
By running on a public cloud, this solution not only features stronger data processing power and connectivity, but also can provide a new level of flexibility for quicker implementations, faster product upgrades and more seamless rollouts of new capabilities.
Enabling Real-time Cash Management
In addition to leveraging the power of the public cloud, this version of FIS’ treasury and risk management solution offers a new Liquidity Hub module for harnessing data from multiple sources - such as enterprise resource planning systems and bank APIs - to enable cash-management analysis in real time.
“CFOs and corporate treasury departments continually face a complicated landscape of shifting headwinds and tailwinds, including the fluctuations of capital costs, volatile markets and continuously expanding responsibilities,” said JP James, head of Treasury & Risk Management at FIS. “As part of our commitment to advancing how the world pays, banks and invests, we saw a need for more harmonious workflows that unlock how CFOs and treasurers process company data, understand their financial risks and build well-informed strategies. With this new offering, we’re providing innovative solutions that can help companies better navigate choppy waters and drive growth.”
Treasury and Risk Manager - Quantum Cloud Edition is the latest edition in FIS’ award-winning Treasury & Risk Management solution suite that helps over 1,000 organizations unlock cash visibility and mitigate risk holistically. The classic version of Quantum will remain available for both new and existing users.