Press Releases Fidelity National Information Services and Compass Analytics to Deliver Prepayment ModelsJACKSONVILLE, Fla. – (October 15, 2007) – Fidelity National Information Services, Inc. (FIS) and Compass Analytics, LLC today announced the successful integration of FIS’ Applied Analytics prepayment model into Compass Analytics’ mortgage analytics solution, CompassPointTM. In addition to intelligent and predictive risk analytics and data for the mortgage industry, FIS’ broker, banking and investment customers will now have access to CompassPoint’s prepayment models for determining option-adjusted durations, as well as support of mortgage cash flow valuation and analysis. Billions of dollars of mortgages and mortgage-backed securities are priced and traded by Wall Street’s residential-mortgage loan customers using FIS’ highly sophisticated prepayment, default and valuation analytics tools. “Our broker, banking and investor customers utilize FIS’ quantitative analytics to price, fund, trade and hedge mortgages and mortgage-backed securities,” said Michael Bykhovsky, president of the Applied Analytics division of FIS (formerly Applied Financial Technology). “This integration with CompassPoint will enhance our ability to provide loan scoring for relative default and prepayment propensities at the point of origination and supply interest-rate risk management solutions and valuation for the mortgage capital markets.” CompassPoint provides FIS with an additional valuable pipeline to the mortgage capital markets, while leveraging FIS’ industry-leading analytics to proactively manage prepayment and default risk for a variety of loan portfolio scenarios. “The importance of the prepayment risk models that Compass Analytics will provide to Compass and FIS customers cannot be overemphasized,” said Rob Kessel, managing partner of Compass Analytics. “In today’s environment, lenders, loan servicers, traders and investors alike must incorporate meaningful analytics into the pricing and ongoing evaluation of loan performance.” About Compass Analytics, LLCCompass Analytics provides valuation and interest-rate risk management solutions to mortgage capital markets participants. Compass Analytics licenses its software, CompassPoint™, to mortgage traders, investors and secondary marketing departments in order to provide unparalleled analysis with previously unattainable speed. CompassPoint’s loan-level models, integrated file mapping, market and credit inputs, and whole-loan and structured cash flow analysis and reporting capabilities give CompassPoint users the competitive advantage in evaluating all mortgage collateral. In addition to licensing CompassPoint, Compass uses CompassPoint internally to provide third-party valuations as well as outsource hedge execution services, both of which draw on Compass’ considerable expertise and access to market color. For more information about Compass Analytics, please visit its Web site at http://www.compass-analytics.com or contact Kellie Kramer at 415.925.2810 or kkramer@compass-analytics.com. About Fidelity National Information ServicesFidelity National Information Services, Inc. (NYSE:FIS) is a leading provider of core processing for financial institutions; card issuer and transaction processing services; mortgage loan processing and mortgage-related information products; and outsourcing services to financial institutions, retailers, mortgage lenders and real estate professionals. FIS has processing and technology relationships with 35 of the top 50 global banks, including nine of the top 10. Approximately 50 percent of all U.S. residential mortgages are processed using FIS software. FIS is a member of Standard and Poor’s (S&P) 500® Index and has been ranked the number one banking service provider in the world by American Banker and the research firm Financial Insights and the number two overall financial technology provider in the annual FinTech 100 rankings. Headquartered in Jacksonville, Fla., FIS maintains a strong global presence, serving more than 7,800 financial institutions in more than 60 countries worldwide. For more information on Fidelity National Information Services, visit www.fidelityinfoservices.com.
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