FIS Global is a multinational financial products and services company whose innovative fintech is used by 95% of the world’s leading banks. Their platforms help manage over $16 trillion in financial assets, and their cutting-edge technologies are used by an international client base that represents some of the biggest movers and shakers in the financial services world, with 50% of the world’s most innovative companies being clients or partners in 2025.
Those achievements have been supported by a modern, sophisticated data platform designed to manage large volumes of organizational data while enabling both clients and internal teams to access that data through integrated tools and services.
A key enabler of this evolving capability is FIS Global’s Investment Data Platform (IDP), which leverages Snowflake to support near-real-time data sharing across internal teams and external partners. This modernization effort is positioning FIS to expand its offerings, enhance decision-making, and strengthen regulatory compliance—while integrating seamlessly with tools like Tableau and Power BI.
But that was only the beginning for FIS Global. With the right data platform in place, the organization then turned their aspirations toward something much bigger: reimagining how data applications can transform capital markets with Hakkoda’s help.
In this article, we’ll take a look at how FIS has pushed the limits of what data applications can do in the world of financial services.
From Legacy to Cutting Edge with FIS’s Investment Data Platform
In six years, FIS Global reduced the legacy tech used in managing its workloads from 48% to 9%, expanding their public cloud usage alongside their own internal cloud platform.
This shift was not just a blind adoption of shiny new technologies: FIS had a vision for what their data platform needed to do, in order to deliver value to both clients and internal data teams.
The result is the IDP. Thanks to their shift away from legacy technologies and their embrace of Snowflake, FIS Global has been able to employ multi-cloud native architecture that ensures interoperability so that clients can easily integrate FIS technologies into their own workflows.
From there, clients can leverage real-time data to enable timely decision-making, risk management, and regulatory compliance in fast-moving markets—all within a pre-defined portfolio and performance reports, statements, dashboards.
Internally, IT and developers can seamlessly integrate FIS data shares, third party applications, and Snowflake marketplace, while data scientists can use Snowflake APIs and dev tools for data applications. Thus, dev time for innovative data applications is reduced, and the sheer potential for groundbreaking technologies is boundless.
In short, the power and freedom afforded by FIS’s Snowflake-powered IDP hasn’t just delivered a more efficiently integrated data stack; it’s provided the foundation upon which the organization’s most innovative data achievements depend.
Rethinking Trade Surveillance with the Power of AI to Ensure Security & Integrity
With a solid, scalable data foundation in place, FIS has turned its focus to reimagining Trade Surveillance. By combining the platform investments made as part of the IDP product with Snowflake Cortex AI, they infused their surveillance platform with AI-driven capabilities.
Strategic use of Large Language Models (LLMs) significantly enhanced the quality and relevance of alerts—allowing customers to focus only on the events that truly matter. Tasks that once required a team of experts can now be automated and accelerated through AI.
The results have been profound, allowing FIS to better protect market integrity, ensure compliance, and offer clients unparalleled security. All of this was achieved despite a massive volume of data and difficult-to-parse “noise,” delivering results that could only be achieved by the rapid data-parsing capabilities made possible by AI.
Leveraging Snowpark Container to Deliver Better Data without a Hitch
Building on their Snowflake-powered IDP, FIS integrated Snowpark Container Services in order to deliver better quality data to clients, all without impacting day-to-day functions for those same clients.
Snowpark Container Services allows FIS to run containerized workloads—C# functions to calculate Financial Metrics, like XIRR and NPV. Leveraging SQL CLR with C# to deliver advanced financial metrics, FIS seamlessly ported trusted code libraries to Snowflake’s ecosystem, enabling secure, scalable access while eliminating legacy dependencies.
Overcoming the challenges of complex C# functions, stringent security needs, and the need for scalability, FIS achieved this implementation with zero disruptions to clients, delivering high-performance calculations and services that could be used across products.
Innovative, Cloud-Powered Services Yield Undeniable Results with Hakkoda
FIS Global’s success speaks for itself. With an incredible market share in the fintech sphere and powerful international clients using their services, FIS is a testament to just how much a modern data cloud platform can elevate a great product, in both quality and reach.
Hakkoda is proud to have played a part in that success, lending our Snowflake-certified expertise to get the very most out of FIS’s data platform. We look forward to Snowflake Summit 2025, where Hakkoda and FIS will offer a joint presentation detailing how our companies’ collaboration stands to change the very future of capital markets through AI-driven data innovation.
If your organization is looking to build a modern data stack that fuels innovation, let’s talk today about how Hakkoda can help you harness the power of Snowflake to realize your most ambitious data goals.
You can also hear more about FIS’s accelerated product development strategy by joining our shared Snowflake Summit breakout session, Shaping the Future of Capital Markets with AI-Driven Data Innovation, from 3:00 PM – 3:45 PM PDT today, June 2nd.
