Fidelity National Information S FIS

Competitive advantage analysis · technology

Software & SaaS Specialized
Overall moat score
57/100
Moderate

About Fidelity National Information S

Fidelity National Information Services, Inc. provides solutions to financial institutions, businesses, and developers worldwide. The company operates through Banking Solutions, Capital Market Solutions, and Corporate and Other segments. It provides core processing and ancillary applications; mobile and online banking; fraud, risk management, and compliance; card and retail payment; electronic funds transfer and network; wealth and retirement; and item processing and … Full FIS analysis →

Competitive advantage assessment

Key strengths

  • Premium Software Margins Gross margin quality is strong versus peers (score 0.75), consistent with premium software economics.
  • Revenue Converts Cleanly to Cash Cash conversion is strong (score 0.91), showing scalable economics.

Key risks

  • Liquidity Cushion Looks Thin Liquidity position is weak (score 0.11), leaving less room for error.
  • FCF Trend Is Softening FCF trend is weak (score 0.23), suggesting cash scalability is deteriorating.

The dashed ring is the peer median. Defense scores are percentile ranks against peers, so 50 is roughly the typical company in this group.

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Pricing Power

Moderate
69

Where FIS ranks in Information Technology Services

Fidelity National Information S ranks #31 of 78 scored companies in Information Technology Services by moat score — the top 40%. The widest moat in the group is Mastercard Incorporated (MA) at 84/100.

Moat scores for companies ranked near FIS in Information Technology Services
# Company Moat score Rating
27 Leidos Holdings, Inc. LDOS 61/100 Moderate
28 Globant S.A. GLOB 60/100 Moderate
29 Parsons Corporation PSN 57/100 Moderate
30 CDW Corporation CDW 57/100 Moderate
31 Fidelity National Information S FIS 57/100 Moderate
32 Western Union Company (The) WU 56/100 Moderate
33 Science Applications Internatio SAIC 55/100 Moderate
34 The Hackett Group, Inc. HCKT 53/100 Moderate
35 GDS Holdings Limited GDS 53/100 Moderate

See every Software & SaaS company ranked by moat score →

How FIS scores on the Software & SaaS Specialized defenses

Pricing Power

Score 69 · 20% of the moat score

In software, pricing power is visible in gross margin: a vendor that has to discount in order to renew gives it up first.

Recurring Revenue Stickiness

Score 50 · 18% of the moat score

Recurring revenue is the model's central claim, and it is a moat only when customers renew and expand without being re-sold each year.

Innovation Engine

Score 54 · 16% of the moat score

Software is competed away rather than depreciated, so a vendor that stops investing loses its category.

Cash Scalability

Score 64 · 18% of the moat score

The test of a software business is whether growth eventually stops consuming cash.

Capital Efficiency

Score 58 · 16% of the moat score

A software platform employs very little capital, so a genuine franchise should produce high returns on it without leverage.

Balance Sheet Resilience

Score 40 · 12% of the moat score

Software companies fund years of customer acquisition before those customers pay back, which makes access to capital a strategic variable rather than a treasury detail.

How each Software & SaaS Specialized defense is measured, in full →

Understanding FIS's moat

What is Fidelity National Information S's moat score?

Fidelity National Information S (FIS) scores 57 out of 100 on the StatsAlpha Moat Map, which rates its competitive advantage as moderate. It ranks #31 of 78 scored companies in Information Technology Services, the top 40%. The score is a weighted composite of 6 competitive defenses, each measured against industry peers of 77 companies in Information Technology Services. Its strongest defense is Pricing Power (69/100) and its weakest is Balance Sheet Resilience (40/100).

How does Fidelity National Information S compare with other Information Technology Services companies?

Fidelity National Information S ranks #31 of 78 scored companies in Information Technology Services by moat score. The widest moat in Information Technology Services is Mastercard Incorporated (MA) at 84/100. The companies ranked closest are CDW Corporation (CDW) at 57 just above it and Western Union Company (The) (WU) at 56 just below it.

How is the moat score calculated?

Each company is scored with an industry-specific template — Software & SaaS Specialized in this case, chosen because the defenses that matter to a bank are not the ones that matter to a software company. Every defense combines several financial signals, and each signal is measured as a percentile against a peer group of 77 companies in Information Technology Services. The defenses are then weighted to produce the overall score out of 100.

Why is Fidelity National Information S scored with the Software & SaaS Specialized template?

Software costs almost nothing to reproduce, so the entire economic question is whether customers keep paying. Revenue is a subscription rather than a sale, the cost of winning a customer is paid years before that customer becomes profitable, and margins arrive only if renewals hold. The Software & SaaS template scores retention, reinvestment, and the point at which growth turns into cash.

Which competitive defenses are measured for Fidelity National Information S?

The Software & SaaS Specialized template measures 6 defenses, and FIS scores: Pricing Power (69), Recurring Revenue Stickiness (50), Innovation Engine (54), Cash Scalability (64), Capital Efficiency (58), Balance Sheet Resilience (40). Each is scored independently as a percentile against peers, so a company can be strong on one and weak on another — the overall score reflects how those defenses are weighted for this industry.

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