Metavante Technologies, Inc., through its subsidiary, Metavante Corporation, provided financial technology services, software and financial services regulatory advice and consulting to its customers, consisting primarily of small to large sized financial institutions.[2] The $1.5 billion organization was headquartered in Milwaukee, Wisconsin, and employed over 5,600 employees in 35 U.S. cities.[3] On October 1, 2009, Metavante was acquired by Fidelity National Information Services.[4]
History
Metavante corporation was originally formed as M&I Data Services in 1964 as a subsidiary of the Marshall & Ilsley Corporation (NYSE: MI).[5] The company established the first Remote Banking operation in the United States in 1967. In 2000 M&I Data Services changed its name to Metavante.
On 3 April 2007, Marshall & Ilsley Corporation announced its plan to split Marshall & Ilsley Corporation and Metavante Corporation into independent publicly traded companies,