Amerant Bancorp Inc. announced that Amerant Bank, N.A., its principal operating subsidiary (the ?Bank?), has entered into a new multi-year outsourcing agreement with financial technology leader FIS to assume full responsibility over a significant number of the Bank?s support functions and staff, including certain back-office operations. Under this new outsourcing relationship, the Bank expects to realize estimated annual savings of approximately $12 million, while achieving greater operational efficiencies and delivering advanced solutions and services to its customers. By partnering with FIS over the span of this multi-year agreement, Amerant leverages FIS?s expertise to create powerful service capabilities for its customers and reduce Amerant's operating expenses by outsourcing 90 positions to FIS.