ISS’ Securities Class Action Services, a global leader in the portfolio monitoring and outsourced filing market, will provide FIS Global’s broker-dealer clients an automated end-to-end solution for securities class action claim processing. This jointly administered solution provides the software and the services required to streamline the complete claims life-cycle including litigation research, historical data management, claim filing, claim tracking, and electronic distribution of settlements.

The offering will afford FIS clients the opportunity to receive a turn-key solution with no up-front fees. “We are excited to introduce this solution to some of the largest institutions in the world,” said Andy Cottrell, Head of Client Service for Class Actions at ISS. “Providing a streamlined solution that maximizes recoveries will free up investment securities litigation teams to address other concerns stemming from volatile markets.”

If you are a current FIS client and are interested in this solutions, please contact your FIS Account Executive, or contact ISS today