Fidelity National Financial, Inc. and its Fidelity Information Services division announced a record year in 2004 and first quarter of 2005, based on contracts and system investments.
Fidelity announced several contract renewals with established clients, including BancWest, Citizens, and Comerica, as well as new business agreements. These wins contributed to Fidelity’s strong revenue growth. Additionally, Fidelity made a multi-million dollar investment to enhance its core processing and client server offerings.
Hugh Harris, president of Fidelity Information Services’ Financial Services Technology Solutions division, attributes the group’s success to its unmatched level of products and service offerings, strong client relationships and industry expertise. “With 40 years of experience,” he says, “we are able to serve as consultants, assisting our clients in increasing efficiency, reducing operating costs and mitigating risk. This allows them focus on their client-facing, revenue-producing activities.”