Now in its sixth year, the FinTech Top 25 is comprised of leading horizontal technology firms that provide products and services across multiple industries, with significant reported revenue within the financial services industry. This year’s highlights include:
- IBM (NYSE: IBM) continues its six-year streak as the largest provider of technology products and services to the financial services industry;
- 10 of this year’s Top 25 companies have headquarters outside of North America, underscoring the global nature of solutions providers to the financial services industry; and
- Two of the Top 25 companies are from India, (Wipro and, new to the Enterprise 25 this year, HCL Technologies).
Vendors included in the Top 25 Enterprise Technology Companies are as follows:
- IBM, Armonk, N.Y., USA
- Hewlett Packard, Palo Alto, Calif., USA
- Dell, Inc., Round Rock, Texas, USA
- Fujitsu Limited, Tokyo, Japan
- Microsoft, Redmond, Wash., USA
- Cisco Systems, Inc., San Jose, Calif., USA
- Accenture, Bermuda, N.Y., USA
- Hitachi, Tokyo, Japan
- EMC, Hopkinton, Mass., USA
- Intel, Santa Clara, Calif., USA
- Sun Microsystems, Inc., Santa Clara, Calif., USA
- Oracle Corporation, Redwood Shores, Calif., USA
- Computer Sciences (CSC), Falls Church, Va., USA
- Thomson Reuters, New York, N.Y., USA
- Capgemini, Paris, France
- ATOS Origin S.A., Paris, France
- Unisys, Blue Bell, Penn., USA
- CGI Group, Montreal, QC, Canada
- Wipro, Bangalore, Karnataka, India
- Siemens, Munich, Germany
- Deloitte & Touche Tohmatsu, New York, N.Y., USA
- Logica CMG plc, London, UK
- SAP AG, Walldorf, Germany
- Reed Elsevier, London, UK
- HCL Technologies, Noida, UP, India
“Despite the recession, nearly all of this year’s Enterprise 25 list showed strong growth,” said Rebecca Sausner, editor of Bank Technology News. “This year’s list includes three new entrants — SAP, Reed Elsevier and HCL Technology. Dropping off the list are Electronic Data Systems (acquired by HP), Getronics (acquired by KPN and CompuCon), and Infosys.”
“When we look at the FinTech Enterprise 25 we are looking at the world’s largest hardware, software and services integrators into the financial services industry,” said Dana Wiklund, research director, Risk Management, IDC Financial Insights. “Many of these companies, including IBM and Oracle, have been branching beyond their core competencies in hardware and data processing to round out their value propositions with enterprise risk management solutions. The companies that make up the Enterprise 25 have deep, embedded positions within the financial services industry and leverage unique perspectives on driving economic value for their clients through an unprecedented financial crisis.”
Consideration for the top 25 enterprise technology companies for 2009 is determined by calendar year-end revenues (CY08) and the percentage of revenues from sales to financial services industry clients, with final rankings based upon total sales to financial institutions. In addition to the FinTech Top 25 Enterprise Technology Companies, American Banker, Bank Technology News and IDC Financial Insights also released the 2009 FinTech 100 ranking of the top technology providers to the financial services industry.
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.
