Fidelity National Financial, Inc. (NYSE: FNF), a Fortune 500 provider of products and outsourced services and solutions to financial institutions and the real estate industry, announced that the British Government Department, Export Credits Guarantee Department ("ECGD") has implemented the following products: ACBS Servicing, ACBS Origination and ACBS DataMart. These products from FNF's Fidelity Information Services subsidiary have replaced ECGD's former unconnected business systems and now provide a cradle-to-grave system for ECGD to manage its case underwriting, claims payment and recoveries activities, with tools for case reporting.

ECGD is a British Government Department that supports UK exporters and investors by providing insurance facilities and help in arranging finance packages.

"Implementation of the ACBS software has allowed ECGD to unify and streamline its main business applications," said Linda Woods, ECGD IT Director and Senior Responsible Owner (SRO) for the Programme, which included ACBS implementation. "Before, our systems were good but they had not been designed to communicate with each other. By introducing ACBS, we were able to integrate the management of our underwriting and claims systems from cradle to grave. We are now also able to monitor progress and obtain better management information across the life-cycle of our cases than we could formerly."

ACBS Loan Systems, a division of Fidelity Information Services, is the leading global provider of both sell side and buy side software and technology solutions to institutions that participate in the commercial loan market. ACBS products automate, streamline, and integrate every phase in the life a loan -- origination, syndication, servicing, trading, portfolio management, reporting and analysis. The products which operate in real time in any currency manage loans from the middle market to the largest syndicated credits. ACBS products run on Windows and IBM i-Series platforms or through an Application Service Provider (ASP). The ACBS solutions are licensed by over 90 leading financial institutions including Bank of America, Barclays Capital, Canadian Imperial Bank of Commerce, Dresdner Bank, JPMorgan Chase, Merrill Lynch, PNC and Scotiabank.

Fidelity National Financial, Inc., number 261 on the Fortune 500, provides products and outsourced services and solutions to financial institutions, and the mortgage, insurance and real estate industries. Through its majority- owned, publicly traded subsidiary, Fidelity National Title Group, Inc. (NYSE: FNT), FNF is the nation's largest title insurance company, with nearly 31 percent national market share. Through its majority-owned subsidiary Fidelity National Information Services, Inc. ("FIS"), the Company is a leading provider of core financial institution processing, mortgage loan processing and related information products and outsourcing services to financial institutions, mortgage lenders and real estate professionals. Through its wholly-owned subsidiaries, FNF is also a provider of specialty insurance products, including flood insurance, homeowners insurance and home warranty insurance. More information about the FNF family of companies can be found at http://www.fnf.com , http://www.fntg.com and http://www.fidelityinfoservices.com .

This press release contains statements related to future events and expectations and, as such, constitutes forward-looking statements. These forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements of the Company to be different from those expressed or implied above. The Company expressly disclaims any duty to update or revise forward- looking statements. The risks and uncertainties which forward-looking statements are subject to include, but are not limited to, the effect of governmental regulations, the economy, competition and other risks detailed from time to time in the "Management's Discussion and Analysis" section of the Company's Form 10-K and other reports and filings with the Securities and Exchange Commission.

Source: prnewswire