FIHRST Management Services is a wholly owned subsidiary of Alexander Forbes, one of the largest financial services organisations in the world. Alexander Forbes is a leading provider of financial and risk services internationally. The company was founded in South Africa in 1935 and has been rated as one of the top 10 providers of risk and benefit services in the world. Alexander Forbes is listed on the Johannesburg Securities Exchange with primary operation in South Africa and the United Kingdom.

FIHRST was founded in 1998 and currently processes payments on behalf of 1700 employers and 400 000 employees throughout South Africa. The ability of the company to be able to administer payment volumes in excess of R2 billion per month is due to its state of the art systems and technological infrastructure and it's proprietary software Connect, AF Connect and Web Connect.

FIHRST is also an accredited Microsoft Partner and Independent Software Vendor.