IDC Financial Insights, a leading provider of independent research and advisory services company, American Banker and Bank Technology News, SourceMedia’s leading publications for banking and financial services professionals, today released the tenth annual FinTech 100 rankings of the top global technology providers to the financial services industry. The 2013 honorees were formally recognized this morning at an awards ceremony and breakfast briefing held at BAI’s Retail Delivery Conference & Expo.
American Banker, Bank Technology News and IDC Financial Insights partner with the William Mills Agency for the FinTech 100 Rankings. William Mills Agency is available to help companies in all regions promote their ranking and get the most from the publicity at BAI’s Retail Delivery as well as throughout the coming year.
Some noteworthy highlights from this year’s ranking include:
- Two of the top five have changed since last year’s ranking: NCR Corporation is now #4, up from #5 in 2012; Cognizant Technology Solutions is now #5, up from #8 in 2012;
- Four of the top 20 companies are headquartered outside the U.S., and include: Tata Consultancy Services of India at #2, Infosys Limited of India at #10, Nomura Research Institute of Japan at #9 and Wincor Nixdorf of Germany at #10;
- Four companies climbed dramatically from last year: Investment Technology Group rose 26 spots to #66; as did OpenLink Financial to #43; Interactive Data Corporation moved up 19 positions to #49; and SS&C Technologies jumped 11 spots to #26;
- There are five new entrants to the FinTech 100: CRIF made the highest debut at #46; Aurionpro Solutions at #88; BancVue at #89; Indecomm Corporation at #94; and EFT Source at #95; and
- Digital Insights (formerly Intuit Financial Services) is back on the list this year at #37.
“We are thrilled to be presenting this tenth year of the FinTech 100, the ranking that has become the global round-up of who's who in financial services technology,” said Karen Massey, senior analyst, banking practice at IDC Financial Insights. “Our industry is continually balancing financial performance, regulatory and economic pressures, innovation, and evolving customer requirements, and the FinTech 100 highlights those providers that are efficiently, effectively, and successfully meeting their institution client needs in this very difficult era.”
“Banks’ IT spending initiatives are being driven by goals as diverse as getting into mobile payments, improving security, harnessing Big Data and enhancing the customer experience,” said Penny Crosman, editor of Bank Technology News. “Some are looking to become more efficient and cut costs through business process management and outsourcing initiatives. Vendors on the FinTech 100 list are aware of these shifting priorities and modifying their offerings accordingly to stay relevant.”
The 2013 ranking of the top 100 software and service providers in the financial services industry is categorized and evaluated by calendar year-end revenues (CY12) and the percentage of revenues from sales to financial services industry clients. The ranking includes vendors that derive more than one-third of eligible revenue from the financial services industry. Revenue from network, telecommunications, electronic exchanges and data services providers is ineligible. All rankings are based on IDC Financial Insights’ revenue calculations including information provided by more than 400 individual public and private companies.
Vendors included in the 2013 FinTech 100 rankings are as follows:
|2.||Tata Consultancy Services||India|
|5.||Cognizant Technology Solutions||U.S.|
|9.||Nomura Research Institute, Ltd.||Japan|
|11.||Lender Processing Services||U.S.|
|13.||First Data Corporation||U.S.|
|14.||Total System Services, Inc.||U.S.|
|18.||Jack Henry & Associates, Inc.||U.S.|
|23.||Broadridge Financial Solutions||U.S.|
|24.||ACI Worldwide, Inc.||U.S.|
|27.||Experian Group Limited||U.S.|
|29.||IPC Systems, Inc.||U.S.|
|30.||Temenos Group AG||Switzerland|
|31.||Fidessa Group PLC||UK|
|34.||Polaris Financial Technology||India|
|35.||Oberthur Card Systems||France|
|36.||Wolters Kluwer Financial||U.S.|
|41.||MphasiS (An HP Company)||India|
|42.||TransFirst Holdings, Inc.||U.S.|
|43.||OpenLink Financial LLC||U.S.|
|44.||Harland Financial Solutions||U.S.|
|49.||Interactive Data Corporation||U.S.|
|50.||SIX Payment Services||Switzerland|
|52.||Aegis Global Communications||U.S.|
|53.||Charles River Development||U.S.|
|56.||Computer Services, Inc.||U.S.|
|57.||Linedata Services S.A.||France|
|62.||Luxoft Holding Inc||Switzerland|
|63.||BRQ IT Services||Brazil|
|64.||Bottomline Technologies, Inc.||U.S.|
|65.||Simplex Consulting, Inc.||Japan|
|66.||Investment Technology Group, Inc.||U.S.|
|67.||NIIT Technologies Inc||U.S.|
|68.||Hundsun Technology Inc. Ltd.||China|
|69.||Eagle Investment Systems LLC||U.S.|
|70.||Bravura Solutions Limited||Australia|
|72.||VASCO Data Security||U.S.|
|73.||Carlisle & Gallagher Consulting||U.S.|
|74.||Silverlake Axis MSC||Malaysia|
|76.||ARGO Data Resource Corporation||U.S.|
|81.||Celero Solutions Inc.||Canada|
|82.||GBST Holdings Limited||Australia|
|87.||Eze Castle Integration||U.S.|
|88.||Aurionpro Solutions Limited||India|
|90.||WAUSAU Financial Systems||U.S.|
|95.||EFT Source, Inc.||U.S.|
|98.||eFront Financial Solutions||France|
To obtain a complete copy of the report, please visit http://www.americanbanker.com/fintech100/
About American Banker, Bank Technology News and SourceMedia, Inc.
American Banker is the banking industry's most powerful resource for news, analysis, opinion and perspective about financial institutions, regulation, risk management, bank technology and market trends.
Bank Technology News is the technology resource of American Banker, providing in-depth news and analysis of the people, trends, innovations, and strategies that are reshaping technology at banking companies. Bank Technology News, available online at www.banktechnews.com, serves an elite community of IT professionals, as well as c-suite and line-business executives whose success depends on the effective application of today’s changing technologies.
SourceMedia, an Investcorp company, is a business-to-business media company serving the financial industry and the related fields of professional services and technology. SourceMedia offers its clients and subscribers the leading edge in both print and digital information services; industry-standard data applications, in-depth seminars and conferences, research, and specialized marketing services. For more information, please contact Jeannie Nguyen at (212) 803-8324, or email Jeannie.Nguyen@sourcemedia.com.
About IDC Financial Insights
IDC Financial Insights is a leading independent and global provider of research-based advisory and consulting services that enable financial services industry executives to maximize the business value of their technology investments; minimize technology risk through accurate planning; benchmark themselves against industry peers; adopt industry best practices and drive technology-enabled business innovation. Staffed by senior analysts with decades of industry experience, our global research analyzes and advises on business and technology issues facing the banking, insurance, and securities and investments industries. IDC is the premier global provider of market intelligence, advisory services, and events for the information technology market. IDC is a subsidiary of IDG, the world’s leading technology, media, research, and events company. For more information, please visit www.idc-fi.com, email firstname.lastname@example.org or call 508-620-5533. Visit the IDC Financial Insights Community at http://idc-insights-community.com/financial
About William Mills Agency
William Mills Agency was founded in 1977 and promotes companies that sell a variety of products or services in a number of highly specialized vertical markets with a focus in the financial industry. The Atlanta-based agency represents companies throughout North America and Europe. For more information, please visit https://www.williammills.com/ or call Mr. Kelly Williams at (678) 781-7202.