JACKSONVILLE, Fla. – Fidelity National Information Services, Inc. (FIS) announced that First Horizon National Corporation (FHNC) signed a multiyear contract under which FIS will provide technology outsourcing services for its open systems, which includes complete data center management.
“We had been managing our technology support in house and saw an opportunity to cut costs and guarantee service levels by expanding our partnership with FIS through this agreement,” said Patrick Ruckh, chief technology officer of FHNC. “We expect to see immediate costs savings as well as opportunities for long-term savings.”
FIS offers a full range of IT infrastructure and managed operations services that enable clients to improve service levels and effectively manage IT costs. FHNC has a long-standing relationship with FIS in which FIS has provided technology support for its mainframe platform as well as enterprise banking and mortgage solutions.
“We are excited to extend FIS’ services and our relationship with FHNC,” said Roger Leitner, president of Commercial Business for FIS’ Commercial Technology Solutions division. “By leveraging FIS’ significant investment in information technology capabilities, as well as more than 40 years of in-depth outsourcing and financial services experience, we will continue to provide solutions to help our clients, such as FHNC, decrease costs and improve service levels.”
About First Horizon National Corporation
The 10,000 employees of First Horizon National Corp. (NYSE: FHN) provide financial services to individuals and business customers through hundreds of offices located in more than 40 states. The corporation’s three major brands – FTN Financial, First Horizon and First Tennessee – provide customers with a broad range of products and services including:
- Retail/commercial banking, with the largest market share in Tennessee and one of the highest customer retention rates of any bank in the country
- Capital markets, as one of the nation’s top underwriters of U.S. government agency securities
- Mortgage banking, as one of the nation’s top mortgage originators and a recipient of consecutive awards for servicing excellence from Fannie Mae and Freddie Mac
FHN has been recognized as one of the nation’s best employers by AARP and Working Mother magazines. FHN also was named one of the nation’s 100 best corporate citizens by CRO magazine. More information can be found at www.fhnc.com
About Fidelity National Information Services
Fidelity National Information Services, Inc. (NYSE:FIS) is a leading provider of core processing for financial institutions; card issuer and transaction processing services; mortgage loan processing and mortgage-related information products; and outsourcing services to financial institutions, retailers, mortgage lenders and real estate professionals. FIS has processing and technology relationships with 35 of the top 50 global banks, including nine of the top 10. FIS is a member of Standard and Poor’s (S&P) 500® Index and has been ranked the number one overall financial technology provider in the world by American Banker and the research firm Financial Insight in the annual FinTech 100 rankings. Headquartered in Jacksonville, Fla., FIS maintains a strong global presence, serving more than 9,000 financial institutions in more than 80 countries worldwide. For more information on Fidelity National Information Services, please visit www.fidelityinfoservices.com.