FIS HORIZON Recognized With XCelent Award for Advanced Technology, Empowering Community Banks to Compete
December 12 2024 - 8:00AM
Business Wire
Key Facts
- FIS’ HORIZON core banking platform has been recognized by
Celent in its latest North American retail banking core systems
report, having won the Advanced Technology Category of the report’s
underlying XCelent Awards.
- HORIZON was also deemed a “Luminary” within Celent’s Technical
Capability Matrix.
- These wins continue the awards momentum for FIS’ core banking
platforms, with FIS winning three XCelent Awards last year.
FIS® (NYSE: FIS), a global leader in financial technology, has
announced today that its community banking core banking platform
HORIZON has been recognized by Celent in its annual XCelent Awards
program. The solution won the Advanced Technology category, a
testament to how FIS drives deposit growth and wallet share for its
clients through core platforms of unparalleled agility,
customizability, and scalability.
As part of Celent’s new North American retail banking core
systems report, The Advanced Technology category recognizes
top-performing platforms based on Celent's proprietary ABC scoring
methodology, measuring for (A)dvanced technology, (B)readth of
functionality and (C)lient base and service. FIS HORIZON was also
deemed a “Luminary” within Celent’s Technical Capability Matrix,
which is given to platforms that combine strong technology
architecture with a high breadth of functionality, complemented by
significant customer base and support capabilities.
“We are thrilled that our clients and third-party industry
experts such as Celent are recognizing HORIZON as a best-in-class
solution for North American institutions,” said Melissa Cullen,
Head of Core Banking Solutions at FIS. “With our continued
modernization investments in HORIZON, FIS seeks to redefine core
banking, placing it at the center of a fully connected financial
ecosystem. This allows financial institutions to unlock
opportunities across the money lifecycle from a single platform,
creating a more streamlined and agile environment, and elevating
the full banking experience for their clients.”
FIS HORIZON is a core banking platform geared for community
banks, helping them to optimize the customer relationships that
they thrive and depend on. With intuitive and customer-centric
design, HORIZON combines banking functionality with a modern user
experience that can be navigated on phone or tablet. It provides
comprehensive security and has an open, flexible, and scalable
architecture that allows a community banking institution to adapt
rapidly to modern consumer needs.
“We’re excited to shine a spotlight on FIS and its standout core
banking platform in this year’s XCelent Awards,” said Craig
Focardi, Principal Analyst at Celent. “HORIZON remains a reliable
and popular choice for community banks and specialty finance
institutions. In fact, it’s added more clients than any other core
system since our last community bank report. Despite the
consolidation in the community banking sector, we expect HORIZON to
continue attracting new customers.”
The recognition builds on FIS’ successes from last year when the
company received three XCelent awards for its core banking
platforms.
For the full report from Celent, download it here.
About FIS
FIS is a financial technology company providing solutions to
financial institutions, businesses, and developers. We unlock
financial technology to the world across the money lifecycle
underpinning the world’s financial system. Our people are dedicated
to advancing the way the world pays, banks and invests, by helping
our clients to confidently run, grow, and protect their businesses.
Our expertise comes from decades of experience helping financial
institutions and businesses of all sizes adapt to meet the needs of
their customers by harnessing where reliability meets innovation in
financial technology. Headquartered in Jacksonville, Florida, FIS
is a member of the Fortune 500® and the Standard & Poor’s 500®
Index. To learn more, visit FISglobal.com. Follow FIS on LinkedIn,
Facebook and X.
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version on businesswire.com: https://www.businesswire.com/news/home/20241212779769/en/
Kim Snider, 904.438.6278 Senior Vice President FIS Global
Marketing and Communications kim.snider@fisglobal.com
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