"What we like most about FIS is their ability to integrate seamlessly with our existing infrastructure and deliver the highest level of data integrity." Judy Ruud – Congressional Budget Office
- Accuracy of the data – At FIS nothing is more important than the quality of the data. FIS products are edited for changes several weeks in advance of delivery by the regulators. Upon arrival of the data, it is thoroughly scrubbed and once again edited. Then each product undergoes a battery of tests to uncover and correct any hidden errors.
- FIS releases the final data weeks faster than anyone else. - No one should rely on pre-release data, with all the potential errors. So the focus is to get the final data as soon as possible. Through the use of recent technological advances and because financial data is all we do, FIS routinely releases the final data the same day it is released by the regulators. You simply cannot get the data faster than that!
- 40 consecutive quarters of historical data - No other vendor comes close to that.
- FIS ratings - The FIS ratings system is based on a combination of safety and performance factors. The bank rating uses the following categories: Capital Adequacy, Asset Quality, Earnings, and Liquidity. The best score that can be achieved is 1 and the worst score is 5.
The categories are weighted as follows:
Capital adequacy 30% Asset quality 30%
Earnings 30% Liquidity 10%
Ratings are rounded to two decimal points.
Calculation to 100 scale: 100-((FIS Rating)-1)*25)
- Performance Ratios - Each product has numerous ratios which are automatically calculated for every institution, including merged and custom peer institutions. They are then assembled by the following categories, making them easy to find: Asset Quality, Earnings, Capital, and Liquidity.
- Contact Names – Titles and names along with street address and mailing address. Everything you need to populate your database or to do a mailing.
- Financial Data – Expressed as both quarter only and year to date for income statement items. All dollars are in thousands.
- Unmerged historical data - FIS has the only true unmerged data source for real life historical comparisons. Use our merge feature if you need to combine historical data. All institutions are in the database historically just as they were when the reports were filed.
- Integrated database – The FIS Excel Add-in combines different institution types into a single spreadsheet.
- Custom Ratios - New ratios or line items can be added that will then become available for use in all areas of the application, including searches, sorting, reports, etc. There is no limit on the number of custom ratios that can be created.
- Charts - All products contain pre-defined charts and graphs. Creating new graphs is as simple as selecting the line items of interest and clicking the chart buttons. Once a new chart is created, it is automatically available for all other institutions. The chart images are saved as individual JPEG files for easy export into Power Point. Just copy and paste.
- Links - Direct internet links for each institution:
- SEC filings
- Uniform Bank Performance Reports
- Yahoo and NASDAQ stock information
- Institution home page
- State and County demographics
- Organization Hierarchy
- Merger History
- Location Maps
- Branches and Deposit listings
- Press releases
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1. Get the data sooner
2. Costs less
3. Easy to use
4. More powerful
5. 40 quarters of historical data
6. Pre-built reports
7. Free custom reports
8. Seamless transition
9. Use at home or office - no cd's
10. Automatic updates
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