With its neighbors on Riverside Avenue grabbing all the headlines in recent days, it may be easy to overlook Fidelity National Information Services Inc.
However, the company, which brands itself with the shorter name FIS, is doing quite well.
"The fact is, we are No. 1 in our industry," Chairman and CEO Frank Martire told shareholders at Wednesday's annual meeting.
That ranking is documented. FIS has the top spot in the FinTech 100, an annual list of the top providers of technology to financial services companies.
The list is compiled by American Banker, Bank Technology News and research firm IDC Financial Insights.
FIS also is a Fortune 500 company, ranking 434th with 2012 revenue of $5.8 billion.
FIS' shareholders meeting came one day after Fidelity National Financial Inc. announced its $2.9 billion agreement to acquire Lender Processing Services Inc.
FIS was spun off from Fidelity National Financial in 2006, and FIS then spun off LPS in 2008. All three companies are headquartered at the same Jacksonville office complex, but all three are currently independent public companies.
Martire said after the meeting the merger of Fidelity National Financial and LPS will have no impact on FIS, but his company is paying attention to the deal.
"If there's any way we can help, we'll help," he said.
Martire told shareholders that FIS had a strong year in 2012, meeting its goals by growing revenue by 3.2 percent to $5.8 billion and increasing adjusted earnings per share by 12.6 percent to $2.50.
The strong earnings helped FIS produce a 34 percent shareholder return last year, he said.
FIS altered its strategy last year by moving away from large acquisitions and focusing instead on organic growth and expanding its profit margins, Martire said.
He said after the meeting that FIS may still look at opportunities for small acquisitions but it doesn't need to do any large deals to compete.
"We have the size and we have the scale," he said.
Martire also told shareholders that the company maintains a commitment to serve the communities in which it operates.
FIS employs about 400 people in Jacksonville but it has a total of about 38,000 workers in 140 locations.
"We feel it's our obligation and responsibility," Martire said. "We give a lot back to the communities because we know we should."
He specifically referred to the company's response to the devastating tornado last week in Moore, an Oklahoma City suburb.
FIS employs several hundred people in Oklahoma City, and they quickly responded to raise money for the tornado victims because they knew the people needed help immediately, he said.
"What we're proud of is we jumped in right away," Martire said.
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