Cleared Derivatives - The Time is Now

Too many vendor add-ons have left many firms with overly complex, costly post-trade systems. Given the current economic squeeze, there are three key reasons why vendor consolidation is trending.

VENDOR CONSOLIDATION: The Time Is Now

TREND SHEET

©2021 FIS FIS and the FIS logo are trademarks or registered trademarks of FIS or its subsidiaries in the U.S. and/or other countries. Other parties’ marks are the property of their respective owners. 1411750

linkedin.com/company/fis

twitter.com/fisglobal

www.fisglobal.com

JOIN THE GAME CHANGERS

The idea of multiple vendors makes sense if you’re worried about depending on a single provider. However, attitudes are changing as firms realize the costly inefficiencies that come with multiple vendors and multiple systems that don’t communicate. Further, managing the inherent risks – everything from cybersecurity threats to vendor stability concerns – becomes unwieldy.

Unmanageable complexity

Over the past five years, many post-trade firms have added significant numbers of third-party vendors – more than one-third now work with six or more*. This complicated web of solutions has driven up the total cost of ownership that come with solutions that lack integration and interoperability. If this sounds familiar, you’ll have to reduce the number of vendors you work with to successfully modernize.

Too many systems, too high a cost

As you start consolidating vendors, you’ll want to choose a strategic partner with deep knowledge of the post-trade business. Only then can you achieve the full benefits of vendor consolidation: real system integration and the ability to easily expand product and service offerings and add new client segments. When selecting your partner, ensure they invest in R&D resources and advanced technologies, which will give you greater resiliency and the tools for growth in the face of market uncertainty.

True integration and deep strategic relationships

lorem ipsum dolor sit amet

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim venia. Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim venia. Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim venia. Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim venia.

consectetur adipiscing elit

labore et dolore magna

Forty-seven of the world’s largest firms have chosen FIS® as their partner for reducing post-trade complexity, costs and risk with one cloud-based, unified platform. Contact us to see why.

ut enim ad minim venia.

36%

ut enim ad minim venia.

81%

John Smith, FIS

Uptatqui dest es et as adi aut ipsae et eos ulla sied borum et .

Lorem ipsum dolor sit amet, etil consectetur elit sed do?

TRUE

FALSE

Good job!

TRY AGAIN!

back

in anticipation of future uncertainty

Increase protection

and ensure they pass any new compliance or regulatory changes

Review current tests

Firms considering vendor consolidation

Firms with 6 or more vendors

Get in touch

ut enim ad minim venia.

81%

ut enim ad minim venia.

36%

Seeking improved risk management

[CEROS OBJECT]17%*

Seeking lower TCO

23%*

Say expansion/growth is crucial

87%*

Rank integration a top challenge

63%*

Firms considering vendor consolidation

Firms with 6 or more vendors

*Acuiti Business Intelligence, Increasing Efficiency in Cleared Derivatives Post-trade Technology, 2021

Acuiti Business Intelligence: Increasing Efficiency in Cleared Derivatives Post-trade Technology, 2021

CLICK HERE to read or scan the QR code