FIS® (NYSE: FIS), a global leader in financial technology, has reengineered its Private Capital Suite into a cloud-native software-as-a-service (SaaS) solution. The suite has also been expanded into a fully front-to-back platformthrough integration with FIS’ newly launched Investor Services Suite.
Designed to address the most pressing challenges in private equity, the Private Capital Suite automates manual processes, harmonizes data flows, and enables secure, real-time insights. With these capabilities, private equity firms can deliver a more modern, intuitive investor experience while maximizing the performance of every dollar deployed.
With FIS retooling Private Capital Suite as a cloud-native SaaS offering, it operates as a flexible and scalable ecosystem that can better help private equity managers with complex fund processing, helping drive efficiency, compliance and transparency. It supercharges its anti-money laundering, know your customer (KYC), and investor onboarding capabilities, and presents a unique ability to support multijurisdictional compliance capabilities for today’s increasingly complex private equity strategies.
“According to FIS’ recent Harmony Gap research, less than half of private equity firms (45%) feel confident and prepared when investing in their fintech strategies,” said Matt Stauffer, head of Back Office Solutions at FIS. “The growth in private equity has brought complexities that include more intricate fund structures, multijurisdictional compliance, and higher investor expectations for transparency and digital access. Our reengineered Private Capital Suite helps clients adapt and thrive in this environment, exemplifying how FIS unlocks financial technology to the world through innovation and deep market expertise.”
Why the Private Capital Suite Matters
By integrating Investor Services Suite, the Private Capital Suite solution services the full private equity lifecycle, covering investor onboarding, new portfolio monitoring, portfolio analytics, fund and partnership accounting, reporting, and front-to-back data management. The solution also provides multijurisdictional compliance capabilities, allowing FIS to better service modern private equity firms and asset managers that are becoming increasingly multiasset and global in the search for extra investment returns.
With other recent announcements like the launch of FIS’ Optimized Reconciliation Service, Investor Services Suite and Neural Treasury, the launch of a reengineered Private Capital Suite reflects how FIS continues to help modernize capital markets so the world can maximize the performance of every dollar at work.
