FIS Earns Spot on TIME's Renowned Best Companies List for 2024
FIS Named One of TIME's World’s Best Companies for 2024
FIS (NYSE: FIS), a global leader in financial services technology, has earned a prestigious spot on TIME’s list of the World’s Best Companies for 2024. This recognition celebrates the world’s top-performing and most responsible companies, showcasing FIS's exceptional achievements in the financial services landscape.
Understanding the Recognition Process
In a collaborative effort with Statista, renowned for its market and consumer data expertise, TIME evaluated numerous companies based on three key factors: employee satisfaction, revenue growth, and sustainability. The comprehensive process involved analyzing data from various surveys, databases, and extensive research, encompassing over 15 distinct criteria to ensure a fair assessment.
FIS's Outstanding Performance Metrics
FIS achieved an impressive overall score of 87.59 out of 100, reflecting its dedication to growth while maintaining a positive influence on employees, clients, and communities worldwide. As of September 2024, it has surpassed the S&P 500 by 24% in total shareholder returns year-to-date, further demonstrating its strong performance.
Leadership's Perspective on the Recognition
“We are truly honored to be recognized by TIME as one of the World’s Best Companies,” stated Stephanie Ferris, President and CEO at FIS. She emphasized that this accolade not only reflects FIS's vision of empowering financial technology across the money lifecycle but also highlights the company culture that fosters learning, growth, and impactful contributions from its employees.
Advancements in Sustainability Initiatives
In mid-2024, FIS released its fifth annual Global Sustainability Report. This document outlined the company's commitment to empowering individuals and businesses in the digital economy while taking measures to protect clients and the financial system. It highlighted FIS's focus on inclusion and diversity initiatives, environmental consciousness, and sustainable supply chain practices, all underpinned by robust governance.
Financial Accomplishments and Innovations
The Global Sustainability Report aligns with FIS's strong financial results from the first and second quarters of 2024. The company has successfully launched new small business lending solutions and innovative climate risk financial tools, positioning itself as a leader in fintech advancements. Stephanie Ferris was also recognized as American Banker’s Most Influential Woman in Fintech, further underscoring the company's commitment to impactful leadership and innovation.
The Launch of Atelio™ by FIS
Among its significant achievements, FIS introduced Atelio™ by FIS, a cutting-edge fintech platform designed to enhance financial services for institutions, businesses, and developers. This platform aims to facilitate the integration of financial services into various offerings, further advancing FIS's role in the financial sector.
About FIS
FIS stands as a primary global provider of financial technology solutions, supporting financial institutions, businesses, and developers alike. The company is committed to driving digital transformation in the financial economy, significantly shaping how the world banks, pays, and invests. With a focus on reliability and innovation, FIS empowers clients to manage, grow, and protect their enterprises effectively. Headquartered in Jacksonville, Florida, FIS holds a spot on the Fortune 500 list and is traded as 'FIS' on the New York Stock Exchange.
Frequently Asked Questions
What recognition did FIS receive in 2024?
FIS was named one of TIME’s World’s Best Companies for 2024, showcasing its exceptional performance and responsible practices.
How did TIME evaluate the companies for this recognition?
TIME, in partnership with Statista, evaluated companies based on employee satisfaction, revenue growth, and sustainability using extensive surveys and research.
What was FIS's score on the ranking?
FIS received an overall score of 87.59 out of 100, reflecting its dedication to growth and positive impact.
What initiatives has FIS launched recently?
Recently, FIS launched small business lending solutions and climate risk financial tools, enhancing their service offerings.
What is Atelio™ by FIS?
Atelio™ is an innovative fintech platform by FIS that allows institutions, businesses, and developers to integrate financial services into their operations easily.
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