Financial technology leader Fidelity National Information Services, Inc. has announced it has enhanced its wealth management solutions with the addition of self-invested personal pension (SIPP) servicing in the United Kingdom. By launching retirement services in the U.K., FIS is greatly expanding its offerings to wealth managers in this market. The new SIPP offering is made possible by partnering with Quai Digital, a leading U.K. investment and pension services provider.

The partnership means that Quai will benefit from utilizing the wealth management and service solutions from FIS via Platform Securities Limited to enhance the operation of its savings and investment business. FIS Wealth as a Service is a comprehensive solution that handles portfolio management, order management, execution, clearing, custody administration and settlement, and can be fine-tuned and tailored for an investment firm's unique needs. Further, firms that source their wealth platform through FIS will see reduced operational overhead found in using a managed technology solution.