Leading global position in the banking software and payment processing solutions market; Benefits from regulatory complexity and shifting demand to digital banking solutions; Substantial scale and revenue diversity; High degree of recurring revenues; Significant exposure to the financial services sector. Healthy free cash flow generation of at least $1.4 billion annually; Debt reduction remains a near-term priority; Limited acquisitions and shareholder returns until credit measures are aligned with management targets; Strong liquidity including access to a sizable revolving credit facility. S&P Global Ratings' outlook on Jacksonville, Fla.-based banking and payments technology and outsourcing solutions provider Fidelity National Information Services Inc. (FIS) is stable. The stable outlook reflects the company's large scale, diversified and recurring revenue model and strong cash-generating ability.
