Fidelity National Tapped by ATLAS SP Partners to Support Commercial Loan Servicing

On June 3, Fidelity National Information Services Inc. (NYSE:FIS) announced that ATLAS SP Partners selected its Commercial Loan Servicing solution. ATLAS SP Partners chose the FIS solution to streamline and enhance its loan lifecycle management processing workflows, thereby driving investment efficiencies and providing more accurate and timely reporting to its borrowers and investors.

Fidelity National Tapped by ATLAS SP Partners to Support Commercial Loan Servicing

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The FIS Commercial Loan Servicing solution is a key component of FIS’ wider Commercial Lending Suite and offers advanced automation, adaptability, and risk management capabilities. It aims to empower lenders with optimized decision-making, high-quality data, and advanced analytics. The solution supports every stage of the commercial loan lifecycle and provides product, fee, accrual, and transaction processing.

Its features include flexible product structures, sophisticated agency servicing capabilities, and robust security, specifically tailored to meet the needs of small and middle-market borrowers. According to Moody’s, the total money put to work by non-bank lenders is projected to reach $3 trillion by 2028. Therefore, investors seek stronger returns and banks form partnerships with non-bank lenders, and the demand for innovative technology increases.

Fidelity National Information Services Inc. (NYSE:FIS) provides financial services technology solutions for financial institutions, businesses, and developers worldwide. It operates through Banking Solutions, Capital Market Solutions, and Corporate & Other segments. ATLAS SP Partners is a global investment firm that specializes in structured credit and asset-backed finance solutions.

While we acknowledge the potential of FIS to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than FIS and that has 100x upside potential, check out our report about the cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.