FIS Turning to Machine Learning for Private-Equity Solutions

FIS is pushing to add greater automation for its private-equity business in an effort to streamline workflows.


FIS is turning to emerging technologies, particularly robotic process automation (RPA) and machine learning, to boost its capabilities in the private-equity space.

Tony Chung, general manager and global head of private equity at FIS, says the goal is to further automate and streamline workflows for private-equity firms.

One of the challenges for private-equity firms is that a lot of the data collection is manual, so there is a risk for human error and operational risk when employees who

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