Thursday, October 29, 2009

2009 FinTech 100 Rankings released





New York, Oct. 29, 2009 -- American Banker and Bank Technology News, SourceMedia’s renowned publications for banking and financial services professionals, and IDC Financial Insights, an independent research services firm, today released the sixth annual FinTech 100 rankings of the top global technology providers to the financial services industry.



As the business environment within the financial services industry continues to be a challenging one, the FinTech 100 listing represents an insightful representation of where financial services companies are choosing to invest their technology dollars. Specific highlights from this year’s report include:
  • Fiserv (NYSE: FISV) retains the number one spot as the largest provider of technology to the financial services industry;


  • There are 41 companies on this year’s listed headquartered outside of North America;


  • Representation from EMEA companies continues to be strong with 23 companies with combined revenues approaching $6 Billion;


  • Three Chinese companies made list and include Hundson Technologies, Inc, Yucheng Technologies, Ltd and new this year Longtop Financial Technologies, Ltd.; and


  • The number of Indian companies on the list continues to rise with 11 companies included representing combined revenue of more than $5 billion.




Vendors included in the 2009 FinTech 100 rankings are as follows:

  1. Fiserv, Brookfield, Wis., USA

  2. Sungard, Wayne, Penn., USA


  3. Fidelity Information Services, Jacksonville, Fla., USA


  4. Diebold, Incorporated, North Canton, Ohio, USA


  5. NCR Corporation, Dayton, Ohio, USA


  6. Tata Consultancy Services Limited (TCS), Mumbai, Maharashtra, India


  7. First Data Corporation, Greenwood Village, Colo., USA


  8. Total System Services, Inc. (TSYS), Columbus, Ga., USA


  9. Lender Processing Services, Jacksonville, Fla., USA


  10. Metavante Technologies, Inc., Milwaukee, Wis., USA


  11. Infosys Technologies, Ltd., Bangalore, Karnataka, India


  12. CA (Computer Associates), Islandia, N.Y., USA


  13. Cognizant Technology Solutions, Teaneck, N.J., USA


  14. DST Systems, Kansas City, Mo., USA


  15. Experian Group Limited, Dublin, Ireland


  16. SAS Institute, Cary, N.C., USA


  17. Equifax, Atlanta, Ga., USA


  18. Jack Henry and Associates, Inc., Monett, Mo., USA


  19. Oberthur Card Systems S.A., Nanterre, France


  20. Broadridge Financial Solutions, Inc., Lake Success, N.Y., USA


  21. Ingenico S.A., Puteaux Cedex, France


  22. FICO, Minneapolis, Minn., USA


  23. Open Solutions Inc., Glastonbury, Conn., USA


  24. Itautec, São Paulo, Brazil


  25. EDB Business Partner ASA, Oslo, Norway


  26. Temenos Group AG, Geneva, Switzerland


  27. Hypercom Corporation, Scottsdale, Ariz., USA


  28. ACI Worldwide, New York, N.Y., USA


  29. Murex SA, Paris, France


  30. Misys, London, UK


  31. IPC Information Systems, Ltd., New York, N.Y., USA


  32. 3i Infotech, Mumbai, Maharashtra, India


  33. CPM Braxis, São Paulo, Brazil


  34. Syntel, Troy, Mich., USA


  35. Harland Financial Solutions, Lake Mary, Fla., USA


  36. SS&C Technologies, Inc., Windsor, Conn., USA


  37. Mphasis Corporation (EDS), Bangalore, India


  38. TransFirst Holdings, Inc., Dallas, Texas, USA


  39. Polaris Software Lab Ltd., Chennai, Tamil Nadu, India


  40. Patni Computer Systems Ltd., Mumbai, Maharashtra, India


  41. Advent Software, Inc., San Francisco, Calif., USA


  42. Wolters Kluwer Financial Services, Minneapolis, Minn., USA


  43. Simcorp, Copenhagen, Denmark


  44. GFT Technologies AG, St. Georgen, Germany


  45. Ness Technologies, Canonsburg, Penn., USA


  46. Linedata Services S.A., Rueil-Malmaison, France


  47. Resolve Corporation, Toronto, Ontario, Canada


  48. Fidessa, London, UK


  49. BancTec, Irving, Texas, USA


  50. S1, Norcross, Ga., USA


  51. GlobeOp Financial Services, London, UK


  52. Headstrong Corporation, Fairfax, Va., USA


  53. Firstsource Solutions Limited, Mumbai, Maharashtra, India


  54. DealerTrack Holdings, Lake Success, N.Y., USA


  55. Charles River Development, Burlington, Mass., USA


  56. Algorithmics, Toronto, Ontario, Canada


  57. Politec, São Paulo, Brazil


  58. Avaloq, Zurich, Switzerland


  59. Interactive Data Corporation, Bedford, Mass., USA


  60. Wall Street Systems, New York, N.Y., USA


  61. Calypso Technology, San Francisco, Calif., USA


  62. Longtop Financial Technologies Ltd., Beijing, China


  63. Pegasystems, Cambridge, Mass., USA


  64. Bravura Solutions Limited, Sydney, Australia


  65. FundTech, Ltd., Jersey City, N.J., USA


  66. Collabera, Morristown, N.J., USA


  67. iGATE Global Solutions Limited, Bangalore, Karnataka, India


  68. OpenLink, New York, N.Y., USA


  69. Mastek, Mumbai, India


  70. Sophis, London, UK


  71. Vasco Data Security, Oakbrook Terrace, Ill., USA


  72. ERI Bancaire SA, Zurich,Switzerland


  73. Chordiant Software, Inc., Cupertino, Calif., USA


  74. Odyssey Financial Technologies, Prilly, Switzerland


  75. Online Resources Corporation, Chantilly, Va., USA


  76. Eagle Investment Systems LLC, West Hartford, Conn., USA


  77. Viewpointe, New York, N.Y., USA


  78. TAS Group, Bologna, Italy


  79. Diamond Management & Technology Consultant, Chicago, Ill., USA


  80. Callatay and Wouters, Brussels, Belgium


  81. SmartStream, London, UK


  82. Investment Technology Group, New York, N.Y., USA


  83. ORC Software AB, Stockholm, Sweden


  84. Goldleaf Financial Solutions, Inc., Norcross, Ga., USA


  85. Nucleus Software, Noida, Uttar Pradesh, India


  86. Wausau Financial Systems, Mosinee, Wis., USA


  87. Hyland Software, Inc., Westlake, Ohio, USA


  88. Actuate Corporation, San Mateo, Calif., USA


  89. Hundsun Technologies Inc., Hangzhou, China


  90. Viveo, Paris, France


  91. Eze Castle Integration, Boston, Mass., USA


  92. Panini, Bologna, Italy


  93. Callidus Software, Inc., San Jose, Calif., USA


  94. AurionPro Solutions, Mumbai, Maharashtra, India


  95. COCC, Avon, Conn., USA


  96. FRS Global, Stevens-Woluwe, Belgium


  97. Norkom Technologies, Dublin, Ireland


  98. Yucheng Technologies Limited, Beijing, China


  99. Celero Solutions Inc., Calgary, Alberta, Canada


  100. Argo Data Resource Corporation, Richardson, Texas, USA




“This year’s FinTech 100 list highlights banks’ `flight to quality,’ as they consolidate their technology spending with the industry’s largest and most established players,” said Rebecca Sausner, editor of Bank Technology News.



“The last 18 months has been challenged with the worst financial crisis and recession in generations,” said Dana Wiklund, research director, Risk Management, IDC Financial Insights. “One underlying positive is that technology innovation around financial services continues. The evidence for this is year-over-year growth in both aggregate FinTech 100 revenue ($52 Billion up from $45 Billion in 2008) and the minimum threshold for making the FinTech 100 list (up to $50 Million from $36 Million in 2008). Growth in the global participation further underscores the diversification of solutions throughout the industry.”



The 2009 ranking of the top 100 application/service providers in the financial services industry is categorized and evaluated by calendar year-end revenues (CY08) and the percentage of revenues from sales to financial services industry clients. The FinTech 100 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; therefore percentages less than 33% reflect these adjustments within the rankings. All rankings are based on Financial Insights’ revenue estimates including information provided by public and private companies. Financial Insights conducted analysis on more than 400 companies for this recognition.



The 2009 honorees will be honored at the BAI Retail Delivery Conference & Expo in Boston at an awards breakfast on November 4 at the Westin Boston Waterfront.



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, (www.AmericanBanker.com ), is the banking industry’s daily source of information, news, and analysis for executives at banks of all sizes. Founded in 1836, with a current readership of more than 65,000, the publication covers topics including national and global banking issues, mortgages, consumer finance, legislation, investment products, card and payment systems and technology.



Bank Technology News (www.BankTechNews.com/ ) is written for 27,000 banking professionals who identify, recommend, purchase and support the front-, middle- and back-office technology needs across all business units of their financial institutions. Bank Technology News provides critical information and analysis on the relationship between banking strategy and technology execution.



SourceMedia (www.SourceMedia.com ), an Investcorp company, is the pre-eminent provider of timely and essential news, analysis, research, and insights for members of the financial services community, and the related fields of professional services and technology. SourceMedia offers its clients and subscribers professional publications, industry-standard data applications and in-depth seminars and conferences.



About IDC Financial Insights



IDC Financial Insights (www.financial-insights.com ) is one of the world’s leading providers of independent research, custom consulting, and advisory services focusing on the business, technology and operational issues, within the financial services community. We are the preferred research partner for over 250 of the world’s largest financial institutions and technology companies. For the past 6+ years we have been helping our clients understand and manage the challenges they face from a rapidly changing business, operational and technological environment. We proudly employ the industry’s most talented minds, which equip our clients with insights that they rely on and advice they trust. Furthermore, we are the only research firm that has a significant physical presence worldwide, with analyst community based in the America's, Asia Pacific and Europe.



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. The Atlanta-based agency represents companies throughout North America and Europe. For more information, please visit www.williammills.com or call Mr. Kelly Williams at (678) 781-7202.



Source: Company press release.

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