May 13, 2025
Entrio announces the expansion of its client base in financial institutions and into technology providers as well.
Entrio, the real-time technology intelligence platform, has been selected by FIS, the global financial technology leader, to streamline technology evaluation and consolidation. This marks Entrio’s first major deal with a technology provider, a natural extension of its financial services focus.
In addition to FIS, Entrio is now used by 40% of the US banks in the Fortune 500 and is in active pilots with other top-tier banks and insurers. These organizations use Entrio’s AI-native platform to automatically acquire and maintain an expert data set on technology solutions and navigate their complex technology environments.
“Effectively managing a diverse ecosystem of third-party technology solutions is a challenge for large enterprises,” said Michael Ford, VP Enterprise Supply Management of FIS. “Entrio enables a holistic view across our software and SAAS providers and products. Their market intelligence helps us maintain accurate and current supplier information and supports our software rationalization efforts by providing detailed comparisons of solution capabilities.”
With software ranking as the second largest corporate expense, accurate technology data is critical. Entrio gives organizations instant, deep visibility into their technology landscape by providing hundreds of data points on each solution. These data points include feature level capabilities, versions, EoL/EoS dates, deployment options, peer insights, etc. and are accessible via the web and APIs to quickly improve any existing systems. Entrio enhances decision-making and reduces costs by eliminating inefficiencies like manual data entry and redundant technology.
“Entrio facilitates an efficient product review and governance process that helps drive to enterprise standards and identify net-new capabilities where needed,” Michael continued.
“Our partnership with FIS marks a significant milestone for Entrio,” said Avi Cohen, CEO of Entrio. “Being part of the FIS Accelerator Program in September 2024 and going through a live pilot gave us the unique opportunity to showcase how AI can transform technology management not just for financial institutions, but within FIS itself. With all of our customers, we are demonstrating the power of our rich data set and platform at scale.”
About Entrio
Entrio is the real-time technology intelligence platform built for enterprises to tech up right. It allows enterprise architecture and IT teams to continuously manage, reuse, and add technology while ensuring efficient and sustainable growth for their business. Entrio can be deployed in days and deliver immediate ROI by accelerating time to market, cutting costs, and reducing risks. The company is ISO-27001 certified, SOC-2 ready and is proud to work with some of the largest banks in the world.
The company is chaired by Elisha Wiesel, the former CIO of Goldman Sachs and backed by several VCs and industry players like BNY and American Family Ventures.