Is your team prepared to keep up with today’s complex IT landscape?
ADVANCE YOUR BUSINESS WITH MANAGED IT SERVICES
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IT’S NOT JUST ABOUT THE COST
It starts with picking the right partner
It’s not just about the cost
FIS Managed IT and S&T Bank - client success story
SWIFT gpi
SET NEW, BIGGER PRIORITIES
achieved their ROI technology targets on risk mitigation within their payments initiatives
With a trusted MSP consistently modernizing your IT strategy and keeping things humming behind the scenes, you can concentrate on enhancing your organization’s productivity, resilience, and growth. Building a business case for and choosing an MSP partner can be a complicated process. We hope this information makes it a little easier and helps you along the path to modern IT for your business.
In order to manage payments effectively, you first need a clear view of your payment activities. The better your visibility into payments, the more opportunities you will have to embrace more efficient processes and take advantage of low-cost payment channels.
In practice, visibility is often hindered by the use of disparate payment types and manual processes. But fortunately, there are many ways that payment innovation can give you more visibility over your payments, from cross-border payment tracking with SWIFT gpi to the information enabled by real-time cash reporting.
Notable initiatives include the following:
Learn more on our website
Let's advance your business together
FIS managed it and S&T bank – client success story
Let’s advance your business
Source: FIS Readiness Report 2021
ROI achievements on payment initiatives
%
0
Source: FIS Readiness Report 2021
Benefits of real-time payments
35%
Improved liquidity management
Real-time view of cash position
32%
Access to transaction data
30%
Reduce costs
39%
Improve control and visibility
42%
Reduce fraud risk
44%
Drivers for increasing investment in digital tech
Source: FIS Readiness Report 2021
indicate they are taking advantage of real-time payments
ROI achievements on key drivers
Unlock value with intelligent IT
IT operations and support have historically been outsourced as a cost-saving strategy, but that is changing. Organizations are now looking to outsource IT to streamline operations, maximize efficiency and access otherwise unavailable market intelligence and tools.
Many organizations have difficulty managing over-complicated tech stacks and lack in-house expertise to navigate the many systems available today.
A trusted managed service provider (MSP) can handle all or part of your IT needs so you can focus on your business.
MSPs typically provide 24/7/365 cybersecurity, monitoring and management of an organization's IT infrastructure. Let’s explore five ways moving to an MSP model for IT modernization and support can help make doing business easier.
Outsourcing IT functions to an MSP with a fully hosted or modular approach allows you to focus more on your key business objectives and growth.
Let’s consider this in terms of RUN+CONNECT+GROW. The daily elements of your IT infrastructure are essential (RUN), but creating a unified IT strategy (CONNECT) can be difficult with disparate tools and technology. Resources may be diverted from initiatives like developing new products and expanding into new markets (GROW). With in-house IT, the focus is divided among different priorities, whereas outsourcing consolidates efforts so you can:
• Shift your focus to enhancing your customer experience and
new revenue drivers
• Dedicate more resources to strategic, differentiating initiatives
• Expand into new markets or launch new products faster and
with less resources
%
0
FIS is a leading provider of technology solutions for financial institutions and businesses of all sizes and across any industry globally. We enable the movement of commerce by unlocking the financial technology that powers the world’s economy. Our employees are dedicated to advancing the way the world pays, banks and invests through our trusted innovation, absolute performance and flexible architecture. We help our clients use technology in innovative ways to solve business-critical challenges and deliver superior experiences for their customers. Headquartered in Jacksonville, Florida, FIS ranks #241 on the 2021 Fortune 500 and is a member of Standard & Poor’s 500® Index.
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Learn how outsourcing IT can cut costs, streamline operations and maximize efficiency.
• Leverage a proven, modern technology infrastructure
• Rely on expert IT staff without the challenges of training and hiring
• Expand into new markets and/or launch new products faster and
with less resources
• Create a more seamless and streamlined CX
Every organization has limited resources, but the pain is especially acute in the world of IT. Falling behind in IT can bring unexpected downtime and prolonged issue resolution. Antiquated internal systems can all lead to a sub-par customer experience (CX).
Managed IT services enable organizations to allocate resources more effectively, unlocking greater growth and value. Converting CapEx to OpEx establishes a more predictable operating cost structure, which frees budget
for growth initiatives.
BETTER ALLOCATION OF PEOPLE
AND RESOURCES
IT systems come with their fair share of headaches, and cybersecurity is one
of the biggest concerns for organizations today. Facing rising cyberthreats, organizations of all types and sizes need to improve their digital hygiene and prepare for the next generation of cyber adversaries.
Staying ahead of cyberthreats is a full-time job, and it is difficult to manage without a team of experts. Everything from network and application security
to endpoint monitoring can be handed over to an MSP that has the talent
and technology to help you remain secure and compliant.
• Stay secure from cyberthreats of all types
• Leverage specialized cybersecurity and business continuity expertise
• Keep up to date with regulatory compliance reporting requirements
KEEP YOUR BUSINESS PROTECTED
Organizations of all types and sizes face fragmented marketplaces with new technology constantly evolving and overtaking legacy systems. It can be difficult to keep up, let alone stay ahead of the competition.
Expending large amounts of capital upgrading in-house IT is often a great challenge. A good MSP provides not only expert staff and support, but also
best practices and processes, premier digital tools and actionable insights
and intelligence that would be impossible for many businesses to obtain
on their own.
• Increase operational efficiency and reduce downtime by using only
Tier 1 IT solutions
• Improve exception and issue resolution
• Enhance speed and time to market without cybersecurity concerns
or sacrificing growth
GAIN ACCESS TO MODERN IT
While no longer the top consideration when moving to a managed IT strategy, organizations still realize exceptional cost efficiencies and reduced total cost
of ownership (TCO) by outsourcing all or part of their IT management. Traditionally, this has been the main driver of outsourcing initiatives for many organizations. Today, the ability to reduce risks, improve security and access deep domain expertise and premier tools have made cost synergies a
close-follow benefit for many organizations.
• Successful deployment of managed services will reduce IT cost by
25 – 45% and improve operational efficiency by 45 – 65%
AND MANAGE COSTS, OF COURSE
(Global Managed Services Market - Growth, Trends, COVID-19 Impact, and Forecasts [2022 – 2027], Mordor Intelligence LLP)
MSPs offer many benefits beyond reducing costs. You can partner with an MSP for a fully hosted IT solution including data, cloud infrastructure, cybersecurity, compliance, network, communications, IT help desk support and more. Or you can engage an MSP for certain key IT functions. A good MSP will enable you to leverage only what you need, when you need it.
Not all MSPs are created equal. Selecting the right one to entrust any or all of your IT activities should not be taken lightly.
IT STARTS WITH PICKING THE RIGHT PARTNER
Key items to consider while searching for an MSP:
• Know your IT priorities
• Understand what tasks enhanced IT support can help you accomplish
• Look closely at vendor SLAs
• Ask vendors about their own cybersecurity and infrastructure strategies
As a longtime client of banking services from FIS®, S&T Bank tapped into FIS Managed IT to alleviate their IT challenges.
Leveraging FIS Managed IT as an extension of their team allowed S&T Bank to tackle their four main concerns: resource challenges, scalability and conversions, cybersecurity and audits.
Jim Mill
Executive Vice President,
Director of Operations at S&T Bank
"We don't want to be in the technology business.
We want to be in the banking business. Let's let the experts take care of the blocking and tackling of IT."
about our managed IT partnership with S&T Bank
Learn more
Managed
IT Services
Managed Cloud
and Data Center
Network
Solutions
Unified
Communication
Solutions
Risk
Services
Security
Services
IT Governance
and Support
Learn more about our managed IT partnership with S&T Bank
FIS Managed IT and S&T Bank
- client success story
Unlock value with intelligent IT
Learn how outsourcing IT can cut costs, streamline operations and maximize efficiency.
Every organization has limited resources, but the pain is especially acute in the world of IT. Falling behind in IT can bring unexpected downtime and prolonged issue resolution. Antiquated internal systems can all lead to a sub-par customer experience (CX).
Managed IT services enable organizations to allocate resources more effectively, unlocking greater growth and value. Converting CapEx to OpEx establishes a more predictable operating cost structure, which frees budget for growth initiatives.
• Leverage a proven, modern technology infrastructure
• Rely on expert IT staff without the challenges of training and hiring
• Expand into new markets and/or launch new products faster and
with less resources
• Create a more seamless and streamlined CX
BETTER ALLOCATION OF PEOPLE
AND RESOURCES
IT systems come with their fair share of headaches, and cybersecurity is one of the biggest concerns for organizations today. Facing rising cyberthreats, organizations of all types and sizes need to improve their digital hygiene and prepare for the next generation of cyber adversaries.
Staying ahead of cyberthreats is a full-time job, and it is difficult to manage without a team of experts. Everything from network and application security to endpoint monitoring can be handed over to an MSP that has the talent and technology to help you remain secure and compliant.
KEEP YOUR BUSINESS PROTECTED
• Stay secure from cyberthreats of all types
• Leverage specialized cybersecurity and business continuity expertise
• Keep up to date with regulatory compliance reporting requirements
IT systems come with their fair share of headaches, and cybersecurity is one of the biggest concerns for organizations today. Facing rising cyberthreats, organizations of all types and sizes need to improve their digital hygiene and prepare for the next generation of cyber adversaries.
Staying ahead of cyberthreats is a full-time job, and it is difficult to manage without a team of experts. Everything from network and application security to endpoint monitoring can be handed over to an MSP that has the talent and technology to help you remain secure and compliant.
GAIN ACCESS TO MODERN IT
While no longer the top consideration when moving to a managed IT strategy, organizations still realize exceptional cost efficiencies and reduced total cost of ownership (TCO) by outsourcing all or part of their IT management. Traditionally, this has been the main driver of outsourcing initiatives for many organizations. Today, the ability to reduce risks, improve security and access deep domain expertise and premier tools have made cost synergies a close-follow benefit for many organizations.
AND MANAGE COSTS, OF COURSE
MSPs offer many benefits beyond reducing costs. You can partner with an MSP for a fully hosted IT solution including data, cloud infrastructure, cybersecurity, compliance, network, communications, IT help desk support and more. Or you can engage an MSP for certain key IT functions. A good MSP will enable you to leverage only what you need, when you need it.
Not all MSPs are created equal. Selecting the right one to entrust any or all of your IT activities should not be taken lightly.
AND MANAGE COSTS, OF COURSE
IT STARTS WITH PICKING THE RIGHT PARTNER
As a longtime client of banking services from FIS®, S&T Bank tapped into FIS Managed IT to alleviate their IT challenges.
Leveraging FIS Managed IT as an extension of their team allowed S&T Bank to tackle their four main concerns: resource challenges, scalability and conversions, cybersecurity and audits.
FIS MANAGED IT AND S&T BANK
- CLIENT SUCCESS STORY
With a trusted MSP consistently modernizing your IT strategy and keeping things humming behind the scenes, you can concentrate on enhancing your organization’s productivity, resilience, and growth. Building a business case for and choosing an MSP partner can be a complicated process. We hope this information makes it a little easier and helps you along the path to modern IT for your business.
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