NEW YORK & BOSTON--(American Banker and Bank Technology News, SourceMedia’s leading publications for banking and financial services professionals, and IDC Financial Insights, a leading provider of independent research and advisory services focusing on the business, technology and operational issues in financial services, today released the 2012 Top 25 Enterprise Companies in FinTech rankings.)--
“In today’s challenging financial environment, it is encouraging to see so many of the top enterprise vendors serving banks raising their revenue”
The ninth annual Top 25 Enterprise list is made up of the leading horizontal technology firms providing products and services across multiple industries, including significant reported revenues within financial services. Revenues from the financial services industry represent less than one-third of total revenues for these companies, which is unlike vendors included in the FinTech 100 ranking (companies with more than a third from financial). The Enterprise 25 continued to be quite stable. This year’s highlights include:
- Two new entrants were included. Financial management provider Intuit enters the ranking at #24. Outsourcing provider of managed computing Savvis, a CenturyLink Company based in Missouri, debuted at #25.
- IBM and HP continue to dominate the top spots with a growing range of products and services led by a throng of financial services experts.
- Microsoft achieved the greatest upward movement, jumping from #6 in 2010 to #3 this year.
“In today’s challenging financial environment, it is encouraging to see so many of the top enterprise vendors serving banks raising their revenue,” said Penny Crosman, editor of Bank Technology News. “It’s also good to see continued stability throughout this group, as well as the addition of two new entrants.”
“Today’s financial environment requires financial institutions to turn to top technology and service providers for guidance and solutions to help them succeed,” said Karen Massey, senior analyst, banking practice at IDC Financial Insights. “The FinTech Enterprise 25 represents the world's largest hardware, software, and services providers to the financial services industry. These enterprise providers are continuing to provide solutions to the financial services industry that are solving the industry’s top challenges and concerns.”
Consideration for the top 25 enterprise technology companies for 2012 is determined by calendar year-end revenues (CY11) and the percentage of revenues from sales to financial services industry clients, with final rankings based upon total sales to financial institutions.
The 2012 Top 25 Enterprise Companies in FinTech are as follows:
|2. Hewlett Packard||U.S.|
|4. Dell, Inc.||U.S.|
|5. Fujitsu Limited||Japan|
|7. Cisco Systems, Inc.||U.S.|
|8. Oracle Corporation||U.S.|
|12. Thomson Reuters||U.S.|
|15. Wipro Technologies||India|
|16. ATOS Origin S.A.||France|
|17. Deloitte & Touche Tohmatsu||U.S.|
|18. SAP AG||Germany|
|19. CGI Group, Inc.||Canada|
|20. HCL Technologies Ltd||India|
|21. Logica||United Kingdom|
|23. Teradata Corporation||U.S.|
|24. Intuit, Inc.||U.S.|
|25. Savvis, a CenturyLink company||U.S.|
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 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 issues, mortgages, consumer finance, legislation, investment products, card and payment systems and technology.
Bank Technology News is written for 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, 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 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 http://www.williammills.com/ or call Mr. Kelly Williams at (678) 781-7202.