The tech company completed its acquisition of SunGard in November last year
US technology giant Fidelity National
Information Services (FIS), has said it expects Credit Suisse
to be up and running on its derivatives utility in the next
three months, with full integration of the bank’s
team into FIS sites slated for early 2017, following the
firms’ deal in May.
Under the terms of the agreement with the
bank, John Avery, director for client and industry engagement
at the FIS Derivatives Utility, told FOW; "More than 200 staff
and consultants from Credit Suisse will join the FIS
team… [We] expect Credit Suisse to be up and running on
the utility in the next two to three months, completing the
full integration of the team into FIS locations in early
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