FIS Unveils 24/7 Clearing Solution for Prediction Markets' Growth
Key Takeaways FIS introduced a 24/7 clearing platform for prediction markets with real-time post-trade processing.FIS platform uses cloud-native tech to handle high volumes and deliver continuous risk updates.FIS aims to tap rising demand as prediction markets may see fivefold revenue growth by 2030.Fidelity National Information Services, Inc. (FIS) has rolled out a new cleared derivatives solution aimed at supporting the fast-evolving prediction markets space. The newly launched FIS CD Prediction Clearing ...