FIS Secures Contract to Enhance MUFG Securities Canada's Back-Office Operations

Reuters
05-28
FIS Secures Contract to Enhance MUFG Securities Canada's Back-Office Operations

MUFG Securities (Canada), Ltd. has selected Fidelity National Information Services Inc. $(FIS)$ to enhance its back-office operations by adopting FIS' Post Trade Processing Platform. This move aims to mitigate risk, streamline workflows, and bolster MUSC's position in Canada's back-office market through flexible scaling. The platform will offer real-time execution on trade settlements, confirmations, and accounting, fostering growth and transparency for institutional investors. Additionally, the open API and SaaS-based solution will provide greater control and transparency, aligning with FIS' commitment to advancing financial technology globally.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. FIS - Fidelity National Information Services Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250528460023) on May 28, 2025, and is solely responsible for the information contained therein.

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