Fidelity National Information Services Unveils New Bank Modernization Framework

Fidelity National Information Services (FIS) has announced a new Bank Modernization Framework to help banks upgrade their technology ecosystem. The framework is flexible and component-based, allowing banks to modernize strategically from any part of their tech stack. It uses data-driven insights to offer customized modernization paths for each client and supports incremental upgrades, adopting best-of-breed components, and full core system transformation. The framework is aimed at helping banks modernize their technology and stay competitive in the industry.

Fidelity National Information Services (FIS) has introduced a new Bank Modernization Framework aimed at helping financial institutions upgrade their technology ecosystems. The framework, announced on September 17, 2025, is designed to be flexible and component-based, allowing banks to modernize their technology stack strategically from any point. This approach is a departure from traditional modernization methods, which are often risky and costly.

The new framework leverages data-driven insights to offer customized modernization paths for each client. This includes supporting incremental upgrades, adopting best-of-breed components, and facilitating full core system transformation. This flexibility is crucial as traditional modernization methods can be resource-intensive and time-consuming.

FIS, a global financial technology company, provides software and services to banks, financial institutions, and businesses to help process transactions and manage financial operations. The new framework is part of FIS's ongoing efforts to help its clients stay competitive in the rapidly evolving financial technology landscape.

The Bank Modernization Framework is particularly timely as banks continue to grapple with the challenge of legacy systems that are expensive to maintain and difficult to adapt to modern use cases. The framework's flexibility and data-driven approach offer a more efficient and cost-effective path to modernization.

The announcement comes as MongoDB, another leading financial technology company, has also been making strides in the application modernization space. MongoDB's AI-powered Application Modernization Platform (AMP) helps enterprises quickly transform legacy applications into modern, scalable services. This platform has been successfully implemented by several global enterprises, including IntellectAI and Bendigo Bank, leading to significant improvements in performance and cost savings.

The introduction of the Bank Modernization Framework by FIS is a significant development in the financial technology sector. It demonstrates FIS's commitment to helping its clients navigate the complexities of technology modernization in a cost-effective and efficient manner. As banks continue to seek ways to stay competitive and innovative, the new framework offers a valuable tool for achieving these goals.

References
Fidelity National Information Services (FIS) Announces its New Bank Modernization Framework^[1] https://finance.yahoo.com/news/fidelity-national-information-services-fis-081939976.html
MongoDB Launches AI-Powered Application Modernization Platform to Reduce Technical Debt and Speed Innovation^[2] https://www.marketscreener.com/news/mongodb-launches-ai-powered-application-modernization-platform-to-reduce-technical-debt-and-speed-in-ce7d58dbda89f024