What is SunGard GMI?

SunGard’s GMI, a clearing and accounting system for exchange traded derivatives, futures and options, now supports Nodal Exchange and is ready to be deployed by clearing members in anticipation of the launch of Nodal Exchange in early 2009.

What is FIS GMI?

FIS GMI solution is a global trade clearing and accounting solution for exchange-traded derivatives, futures, options, energy and cleared OTC products, including repos, swaps and equities.

What is GMI system?

FIS’ GMI solution is a global back-office clearing and accounting system for exchange-traded derivatives, futures, options, energy, and cleared OTC products, including repos, swaps and equities.

Is SunGard FIS now?

In 2015, FIS acquired SunGard, whose complementary offerings brought FIS into new markets for financial technology services, including asset managers, traders, custodians, treasurers, third-party administrators and clearing agents.

What happened to SunGard?

In 2015, SunGard was acquired by the FIS company. In February 2017, Vista Equity Partners acquired SunGard’s Public Sector and Education businesses from FIS, and renamed and rebranded SunGard Public Sector as Superion by April 2017, while adding SunGard Education to its own PowerSchool holdings.

What company owns SunGard?

FIS SG, LLCGL Trade
SunGard/Parent organizations

What does GMI stand for in banking?

Government monitoring information (GMI) refers to the loan applicant demographic data creditors must collect under Regulation B, which implements the Equal Credit Opportunity Act (ECOA), and Regulation C, which implements the Home Mortgage Disclosure Act (HMDA), when consumers apply for certain mortgage loans.

Who founded GMI?

Geldermann is the son of John Geldermann, former chairman of the Chicago Mercantile Exchange. However, he began his career in technology, not in the trading pits. After working on projects including writing software for the clearing system at the Chicago Board Options Exchange in the 1970s, he formed GMI in 1983.

What is GMI banking?

Government monitoring information (GMI) typically refers to the demographic information that banks in the United States are required to collect due to mortgage regulations.

Is FIS a good company?

The company is good to work for freshers to learn but if you are an experienced one, you just look for better opportunities. FIS was my first company to start with. This is why I had a good experience there.

Is FIS a BPO company?

FIS – Its a BPO not Digital Marketing | Glassdoor.

Who owns SunGard now?

Who bought SunGard?

Fidelity National Information Services Inc FIS

(Reuters) – Financial industry software maker Fidelity National Information Services Inc FIS.

How many employees does SunGard have?

SunGard serves approximately 16,000 customers in more than 100 countries and has more than 13,000 employees. Visit us at www.sungardas.com.

Which GMI are lenders required to collect?

As noted, Regulation B requires collection of GMI only for a home-purchase or a refinance application involving an applicant’s principal residence.

What does GMI stand for in business?

Our two-year Global Market Infrastructure (GMI) rotational analyst program allows participants to contribute to impactful initiatives while gaining rare access to the workings of one of the world’s most systematically important banks.

Who owns GMI?

Lightspeed Research
GMI was acquired by Lightspeed Research on Sep 7, 2011 .

When should GMI be collected?

Is GMI required on Heloc?

Home equity lines of credit are generally exempt from DI/GMI collection under ECOA. However, the commentary is clear that if, at the time of application, it is “readily apparent” to the creditor that the primary purpose is for the purchase or refinance of a principal dwelling, then the DI/GMI must be collected.

Is FIS better than TCS?

Employee Ratings
FIS scored higher in 2 areas: Senior Management and Compensation & Benefits. TCS scored higher in 7 areas: Overall Rating, Culture & Values, Diversity & Inclusion, Work-life balance, Career Opportunities, Recommend to a friend and Positive Business Outlook.

Is IBM or FIS better?

IBM scored higher in 9 areas: Overall Rating, Culture & Values, Diversity & Inclusion, Work-life balance, Senior Management, Career Opportunities, CEO Approval, Recommend to a friend and Positive Business Outlook. Both tied in 1 area: Compensation & Benefits.

How much did FIS pay for SunGard?

$5.1 Billion
Fidelity National Information Services, a banking and payments technology provider, announced Wednesday that it would acquire SunGard for $5.1 billion in cash and stock valuing the financial software company at $9.1 billion. FIS will also assume SunGard’s $4 billion of debt.

Is SunGard part of fidelity?

Fidelity National Information Services, a banking and payments technology provider, announced Wednesday that it would acquire SunGard for $5.1 billion in cash and stock valuing the financial software company at $9.1 billion.

How many data centers does SunGard have?

Data center and disaster recovery locations
Sungard Availability Services offers resilient, hardened data and recovery centers in 45 locations worldwide.