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Press Releases

Fidelity National Information Services Acquires Applied Financial Technology

June 25, 2007

AFT Adds Value to FIS’ Default Solutions

JACKSONVILLE, FL (June 25, 2007) Fidelity National Information Services, Inc. (NYSE:FIS), announced today that it has acquired Applied Financial Technology (AFT), one of the fastest–growing providers of intelligent and predictive risk analytics, analysis and data for the mortgage industry. AFT’s quantitative analytics, which can be fully integrated into a variety of third–party systems, are used by brokers, banks and investors to price, fund, trade and hedge mortgages and mortgage–backed securities.

Billions of dollars of mortgages and mortgage backed securities are priced and traded each day by lenders, market makers and investors using AFT tools. AFT expands FIS’ market presence with Wall Street’s residential mortgage loan customers by providing highly sophisticated tools that incorporate prepayment, default and valuation analytics. These tools enable FIS to provide loan scoring for relative default and prepayment propensities at the point of origination, which is an important differentiator in valuing the loans for subsequent securitization.

Through this acquisition, FIS will also offer AFT’s modeling product that allows mortgage–backed securities traders to improve the accuracy of their mortgage default and pre–payment predictions given a variety of macro–economic scenarios. The technology solution allows for a granular and realistic modeling of portfolio, securities, and individual loan risk characteristics.

"The importance of the analytic component that AFT will provide to FIS customers cannot be overemphasized," said Greg Whitworth, president of FIS Loan Portfolio Solutions. "In today’s environment, lenders, loan servicers, and investors alike, must incorporate meaningful analytics in the pricing and ongoing evaluation of loan performance. With the acquisition of AFT, FIS’ expanded product suite will empower these entities to leverage FIS’ industry leading data and valuation services with AFT’s analytics to proactively manage prepayment and default risk for a variety of loan portfolio scenarios."

Michael Bykhovsky, founder and chief executive officer of AFT added, "By combining the resources, technology and expertise from FIS and AFT, we will be able to deliver market–leading technology solutions to the financial services industry that will enable more informed decision making and increased success in portfolio management."

Marlin & Associates New York LLC acted as strategic and financial advisor to Applied Financial Technology.

About Applied Financial Technology

Applied Financial Technology (AFT) provides sophisticated mortgage–loan default modeling; prepayment analytics; a complete set of prepayment and default model validation tools, a complete set of bond and interest rates derivatives calculators; and non–Agency CMO loan–level databases to the nation’s largest broker/dealers, lenders, insurance companies, institutional investors, and hedge funds. Among its clients are five of the nation’s largest U.S. banks. Since 1996, AFT has delivered quality risk analytics to the mortgage industry through its highly regarded quantitative methods. It offers mortgage–loan default and prepayment models for fixed, adjustable, prime and sub–prime mortgages and home equity lines as well as asset–backed securities. The company also provides option–adjusted valuation and risk management tools for mortgage– and asset–backed securities, collateralized mortgage obligations, and an interest rate processes. The AFT library is integrated with all major analytics providers, including Bloomberg L.P.

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. Approximately 50 percent of all U.S. residential mortgages are processed using FIS software. FIS is a member of Standard and Poor’s (S&P) 500® Index and has been ranked the number one banking service provider in the world by American Banker and the research firm Financial Insights and the number two overall financial technology provider in the annual FinTech 100 rankings. Headquartered in Jacksonville, Fla., FIS maintains a strong global presence, serving more than 7,800 financial institutions in more than 60 countries worldwide. For more information on Fidelity National Information Services, please visit www.fidelityinfoservices.com.

Forward Looking Statements

This press release contains forward–looking statements that involve a number of risks and uncertainties. Statements that are not historical facts, including statements about our beliefs and expectations, are forward–looking statements. Forward–looking statements are based on management’s beliefs, as well as assumptions made by, and information currently available to, management. Because such statements are based on expectations as to future economic performance and are not statements of fact, actual results may differ materially from those projected. We undertake no obligation to update any forward–looking statements, whether as a result of new information, future events or otherwise. The risks and uncertainties which forward–looking statements are subject to include, but are not limited to: changes in general economic, business and political conditions and other risks detailed in the "Statement Regarding Forward–Looking Information," "Risk Factors" and other sections of the Company’s Form 10–K and other filings with the Securities and Exchange Commission.

About Marlin & Associates

Founded in 2002, Marlin & Associates New York LLC is a boutique investment banking and strategic consulting firm focused on providing highly strategic and specialized, transaction–related services to U.S. and international middle–market firms engaged in technology, information, on–line media and business–services. The firm is based in New York City with a Washington, DC office and has been the recipient of numerous awards. Marlin & Associates’ professionals have advised on over 200 successfully completed transactions in the technology and information services sector. In addition to AFT, recent Marlin & Associates transactions include:

  • Global Energy Decisions of Boulder, Colorado, which recently was acquired by Ventyx, Inc, an affiliate of Vista Equity Partners of San Francisco. Vista is a leading private equity firm focused on investing in software and technology–enabled services. Marlin & Associates identified Global Energy as a potential opportunity, helped Vista conduct a thorough review of Global Energy’s business and financial results and worked with Vista to assess Global Energy’s strategic fit within Vista’s portfolio.
  • Xcitek LLC market data of New York, which Marlin & Associates advised on its sale to Interactive Data Corporation (NYSE: IDC). M&A initiated the transaction, helped to manage the process, assisted in the negotiations and acted as exclusive strategic and financial advisor to Xcitek.
  • Hugin ASA of Oslo, Norway, which Marlin & Associates advised on its sale to Euronext NV of Amsterdam, Netherlands (ENXTPA: NXT). M&A initiated the transaction, helped to manage the process, assisted in the negotiations and acted as exclusive strategic and financial advisor to Hugin.
  • Triple Point Technology of Westport, Connecticut, which Marlin & Associates advised on the sale of a majority interest to ABRY Partners, one of the most experienced and successful private equity firms in North America. M&A initiated the transaction, helped to manage the process, assisted in the negotiations and acted as exclusive strategic and financial advisor to Triple Point Technology.
  • Brainpower N.V. of Lugano, Switzerland, which Marlin & Associates advised on its sale to Bloomberg L.P. M&A initiated the transaction, helped to manage the process, assisted in the negotiations and acted as exclusive strategic and financial advisor to Brainpower.
  • Cameron Systems (Vic) of Sydney, Australia, which Marlin & Associates advised on its sale to Orc Software of Stockholm, Sweden (STKM: ORC). M&A initiated the transaction, helped to manage the process, assisted in the negotiations and acted as exclusive strategic and financial advisor to Cameron.
  • Derivative Solutions, of Chicago, which Marlin & Associates advised on its sale to FactSet Research Systems (NYSE: FDS). M&A initiated the transaction, helped to manage the process, assisted in the negotiations and acted as exclusive strategic and financial advisor to Derivative Solutions.
  • Beauchamp Financial Technology Ltd. of London, England, which Marlin and Associates advised on its sale to Linedata Services of Paris, France (PARIS: LIN). M&A initiated the transaction, helped to manage the process, assisted in the negotiations and acted as exclusive strategic and financial advisor to BFT.
  • Global Securities Information, Inc. of Washington, D.C. which Marlin and Associates advised on its sale to the Thomson Corporation (NYSE:TOC). M&A initiated the transaction, helped to manage the process, assisted in the negotiations and acted as exclusive strategic and financial advisor to GSI.

For more information Contact:

Michael Maxworthy at +1 (646) 495–5141 or Contact@MarlinLLC.com | www.MarlinLLC.com

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