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FIS Announces ATLAS SP Partners as New Client for Commercial Loan Servicing Solution

FIS® (NYSE: FIS), a global leader in financial technology, today announced that ATLAS SP Partners (ATLAS), a leading provider of structured and asset-backed credit to institutional borrowers and inst...

Business Wire

Key Facts

  • ATLAS SP Partners (ATLAS), a global investment firm providing bespoke structured credit and asset-backed finance solutions, has chosen FIS’ Commercial Loan Servicing Solution to help drive and streamline its investment workflows.
  • The solution offers enhanced data-driven decision-making and investment efficiencies, helping provide ATLAS’ borrowers and investors with more accurate and timely reporting.

JACKSONVILLE, Fla.: FIS® (NYSE: FIS), a global leader in financial technology, today announced that ATLAS SP Partners (ATLAS), a leading provider of structured and asset-backed credit to institutional borrowers and institutional investors, has chosen FIS’ Commercial Loan Servicing solution to help power ATLAS’ loan lifecycle processing workflows. The solution’s automated capabilities, flexibility, and enhanced risk management offerings will support ATLAS’ continued best-in-class service for both investors and borrowers, delivering even greater efficiency and transparency around loan and investment details.

According to Moody’s, the total money put to work by non-bank lenders will jump to $3 trillion by 2028. With investors looking for enhanced returns and banks finding new lending activity through strategic partnerships with these non-bank lenders, the need for technology solutions that unlock efficiency and transparency will be greater than ever. This announcement underscores how FIS is helping sophisticated investment platforms meet that demand – combining its expertise in asset management and commercial lending with a history of innovation across the entire money lifecycle.

“Commercial lending plays a powerful role in the economy by facilitating the flow of money at work to fund growth, but fragmented and manual operations can impair a lender’s ability to serve their borrowers and meet the reporting expectations of their investors," said Steve Sabin, head of Capital Markets Lending at FIS. “This is a particularly pressing issue for private lenders, who are gaining an increasing share of the market’s lending volume but need robust processes in place to manage their complex strategies and meaningfully report results. By working with ATLAS, we’re supporting a key player in further enhancing its operational agility and reporting capabilities to better serve their investors, and I look forward to bringing those benefits to the wider industry.”

As a key offering within FIS’ wider Commercial Lending Suite, FIS’ solution seeks to provide optimized decision-making, improved data quality, and advanced analytics to help commercial lenders drive efficiencies and boost growth. With tightly integrated functionality and workflow, the solution helps cover the lifecycle of a commercial loan, automates tailored processes and controls, and leverages robust product, fee, accrual and transaction processing. Customizable product structures, sophisticated agency servicing, and powerful security further enhance the solution, ultimately creating a powerful product for lenders that is consciously tailored for small and middle-market borrowers.

“As we scale and evolve our leading platform, continuing to build out a foundation of best-in-class services and infrastructure is critical to supporting our long-term growth objectives,” said Joseph Cuccia, Head of Lending Operations and Transformations at ATLAS. “We are excited to integrate FIS’ solution, a flexible, configurable system that has the ability to grow with us, drive operational efficiencies for our investment processes, and support us in continuing to deliver tailored, innovative finance solutions for our clients.”

Lenders interested in the Commercial Loan Servicing solution and FIS’ Commercial Lending Suite can visit www.fisglobal.com/products/fis-commercial-lending-suite/fis-commercial-loan-servicing to learn more.

About FIS

FIS is a financial technology company providing solutions to financial institutions, businesses and developers. We unlock financial technology that underpins the world’s financial system. Our people are dedicated to advancing the way the world pays, banks and invests, by helping our clients confidently run, grow and protect their businesses. Our expertise comes from decades of experience helping financial institutions and businesses adapt to meet the needs of their customers by harnessing the power that comes when 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 www.fisglobal.com. Follow FIS on Facebook, LinkedIn and X.

Fonte: Business Wire

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