JACKSONVILLE, Fla. – Fidelity National Information Services said yesterday it will purchase Compliance Coach, Inc., a company that provides risk assessment software, e-learning and additional tools to enable compliance with applicable laws and regulations.
FIS will assume ownership of Compliance Coach’s flagship products, which include Regulatory University, Compliance Risk Indicator and Compliance Pal. These solutions currently support approximately 1,500 clients, including seven of the top 10 banks within the financial services industry.
The transaction is expected to close within the next 30 days.
Financial terms of the deal were not announced.
