FIS opens Center for Regulatory Intelligence in DC
FIS, a banking and payments technology provider and consultancy, has opened a “Center of Regulatory Intelligence” in Washington, D.C. Peter Dugas, a former deputy assistant secretary at the U.S. Department of the Treasury will lead the center, a company press release said.
The center will offer FIS clients regularly published regulatory intelligence briefings and insights intended to provide a view into regulatory initiatives coming out of Congress, the administration and regulatory agencies, the company said.
Input from the center also will help drive FIS research and development efforts as well as consulting services aimed at helping institutions address regulatory changes prior to implementation, according to the release.
“The unique perspective gained by monitoring regulatory change at such close proximity to the policy makers will allow us to empower our clients to stay one step ahead, identify impact precisely, make smart business decisions and further succeed in addressing new regulation,” said Sai Huda, senior vice president and general manager of enterprise governance, risk and compliance solutions at FIS.