FIS™
(NYSE:FIS), the world’s largest provider of banking and payments
technology, today announced the successful migration of ANZ
New Zealand’s core bank system onto a single FIS core
platform. This conversion project, one of the largest in the bank’s
history, was completed without a single high-priority incident.
Tracing its roots more than 175 years, ANZ is a market leader in
Australia and New Zealand, serving nearly 8 million customers worldwide.
In 2003, ANZ acquired National Bank of New Zealand and has been running
the two organisations on separate platforms since the acquisition. Under
the terms of the acquisition, the bank was required to migrate away from
the acquired brand and decided to consolidate onto the FIS platform in
use within the National Bank of New Zealand. FIS was chosen due to the
breadth of solutions offered, its focus on the local market and strong
cultural fit with ANZ. Over the course of the migration weekend, AU$46
billion of funds were moved, along with nearly three million customer
records accounting for current deposit accounts, credit card and loan
accounts.
“We are delighted with the consolidation onto the FIS core platform,”
said Craig Sims, COO of ANZ. “Given the scale and complexity of the
project, to have completed it without any major incident is a
significant achievement. FIS has worked with us as an integral part of
our team. They understand our business and have an absolute focus on
delivery.”
“The consolidation programme was a huge success,” said Richard Palmer,
Managing Director for FIS, Australasia. “FIS offers the broadest
solution set in the market and time and again has set the standard for
core banking excellence around the world. ANZ’s selection of FIS as its
core banking provider is a testament to our ability to deliver the
combination of world-class capabilities, processing scale, power and
reliability that will help the bank achieve its strategic operational
and growth goals.”
About
FIS
FIS (NYSE:FIS) is the world’s largest global provider dedicated to
banking and payments technologies. With a long history deeply rooted in
the financial services sector, FIS serves more than 14,000 institutions
in over 100 countries. Headquartered in Jacksonville, Fla., FIS employs
more than 32,000 people worldwide and holds leadership positions in
payment processing and banking solutions, providing software, services
and outsourcing of the technology that drives financial institutions.
First in financial technology, FIS tops the annual FinTech 100 list, is
425 on the Fortune 500 and is a member of Standard & Poor’s 500® Index.
For more information about FIS, visit www.fisglobal.com.
