JACKSONVILLE, Fla. – Fidelity Information Services announced it has acquired ICS Risk Advisors and Memento, Inc., two firms in the risk, fraud and compliance market.
ICS Risk Advisors, a risk management firm, said it develops, implements, maintains and reviews enterprise risk management and regulatory compliance programs for hundreds of financial institutions, spanning from the world’s largest financial institutions to community banks. The company’s staff of consultants is comprised primarily of former federal regulatory examiners who have industry knowledge in all risk management areas.
Memento, a provider of enterprise fraud management, said it delivers next-generation fraud solutions through its enterprise platform that helps protect financial institutions from wide-ranging, costly threats and enables key stakeholders to measure the true value of loss prevention investments.
Financial terms of the deals were not announced.
