FIS upgrades cross-asset trading suite

FIS said on April 21 that it upgraded its Cross-Asset Trading and Risk Suite with new artificial intelligence automation, dashboards and software-as-a-service features for investment firms. (fisglobal.com) The Jacksonville, Florida, company said the suite is aimed at buy-side firms and is designed to put order, portfolio, position and risk management on one platform. (fisglobal.com 1) (fisglobal.com 2) FIS said the update adds AI-driven automation and “intuitive dashboards” to speed decisions and reduce manual work across front-to-back trading operations. (fisglobal.com) (businesswire.com) Cross-asset trading software is the control system firms use to trade stocks, bonds, derivatives and other instruments while tracking exposures in real time. FIS said smaller and mid-sized firms are still dealing with disconnected systems, manual processes and limited market access. (fisglobal.com) (businesswire.com) The company said the new suite is meant to replace those separate tools with a single system and lower total cost of ownership. It also said the release includes new SaaS capabilities built specifically for alternative investments. (businesswire.com) (marketscreener.com) FIS has been broadening the product beyond its legacy Front Arena footprint. A current FIS brochure identifies the Cross-Asset Trading and Risk Platform as “formerly Front Arena.” (fisglobal.com) The April 2026 release also follows FIS’s October 2024 launch of a Digital Trading Storefront, which added application programming interface-based digital trading features to the same platform. (fisglobal.com) FIS said in January 2024 that buy-side clients were increasingly adopting tools historically associated with sell-side trading desks, including its Cross-Asset Trading and Risk Platform. (businesswire.com) This time, the company is pitching the suite as a way for firms of “all sizes” to get what it called Wall Street-grade trading and risk tools without stitching together multiple systems. (fisglobal.com)