American Banker, SourceMedia’s flagship publication for banking and financial services professionals, and Financial Insights, an IDC Company, a global independent advisory firm, released the fourth annual FinTech ranking of the Top 25 Worldwide Enterprise Technology Companies in the financial services industry.
The top 25 enterprise companies in FinTech are horizontal technology firms that provide products and services across multiple industries, and have significant reported revenue in the financial services industry. This year’s highlights include:
- For the fourth consecutive year, IBM (NYSE: IBM) is the largest provider of technology products and services to the financial industry.
- This year’s Top 25 includes eight companies with headquarters located outside North America.
Vendors included in the Top 25 Enterprise Technology Companies are as follows:
1. International Business Machines (NYSE: IBM), Armonk, N.Y., www.ibm.com
2. Hewlett-Packard (NYSE: HPQ), Palo Alto, Calif., www.hp.com
3. Dell (NASDAQ: DELL), Round Rock, Texas, www.dell.com
4. Fujitsu (LSE: FUJ), Tokyo, Japan, www.fujitsu.com
5. Cisco Systems (NASDAQ: CSCO), San Jose, Calif., www.cisco.com
6. Microsoft (NASDAQ: MSFT), Redmond, Wash., www.microsoft.com
7. Electronic Data Systems (NYSE: EDS), Plano, Texas, www.eds.com
8. Hitachi (NYSE:HIT), Osaka, Japan, www.hitachi.com
9. Siemens Business Services (NYSE: SI), Munich, Germany, www.siemens.com
10. Accenture (NYSE: ACN), New York City, www.accenture.com
11. Sun Microsystems (NASDAQ: SUNW), Santa Clara, Calif., www.sun.com
12. Intel (NASDAQ: INTC), Santa Clara, Calif., www.intel.com
13. EMC (NYSE: EMC), Hopkinton, Mass., www.emc.com
14. Computer Sciences Corp. (NYSE: CSC), El Segundo, Calif., www.csc.com
15. Oracle (NASDAQ: ORCL), Redwood Shores, Calif., www.oracle.com
16. ATOS Origin (PBFM: FR0000051732), Paris, France, www.atosorigin.com
17. Capgemini (PBFM: PR0000125338), Paris, France, www.capgemini.com
18. Getronics (Euronext: GTN), Amsterdam, Netherlands, www.getronics.com
19. LogicaCMG (LSE: LOG), London, United Kingdom, www.logicacmg.com
20. SAP AG (NYSE: SAP), Walldorf, Germany, www.sap.com
21. Thomson Financial, Stamford, www.thomson.com
22. Deloitte, New York City, www.deloitte.com
23. Avaya Inc., Basking Ridge, N.J., www.avaya.com
24. Symantec, Cupertino, Calif., www.symantec.com
25. BearingPoint (NYSE: BE), McLean, Va., www.bearingpoint.com
“A number of the world’s biggest technology companies provide solutions that have significant impact on the financial services industry,” said David Longobardi, editor in chief, American Banker. “These rankings represent vendors that offer a broad portfolio of solutions to financial institutions that positively impact their efficiency and profitability. Many financial institutions today look to technology vendors as an extension of their organization and these rankings help financial institutions select vendors that truly understand the financial services arena.”
“Large companies serving the financial industry are more likely to help institutions implement a dynamic IT environment,” said Jeanne Capachin, research vice president of global banking for Financial Insights. “The FinTech 25 companies are helping financial institutions with that transformation.”
Consideration for the top 25 enterprise technology companies for 2007 is determined by calendar year-end revenues (CY06) 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 and Financial Insights also released the fourth annual FinTech 100 ranking of the top technology providers to the financial services industry.
2007 winners will be honored at the BAI Retail Delivery Conference & Expo in Las Vegas at an awards breakfast on November 14 at the Mandalay Bay. To attend the breakfast register online at: http://www.americanbanker.com/fintech100rsvp.
To obtain a complete copy of the report, please visit either company’s website at: http://www.financial-insights.com/FI/services/fintech100.jsp or http://www.americanbanker.com/fintech100.
About American Banker and SourceMedia, Inc.
American Banker, www.AmericanBanker.com, is the banking and financial services industry’s premier daily source of information, news, and analysis for executives at banks of all sizes. Founded in 1836, with a current readership of more than 77,000, the publication covers topics including national and global issues, mortgages, consumer finance, legislation, investment products, card and payment systems and technology.
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 accounting and technology. SourceMedia offers its clients and subscribers professional publications, industry-standard data applications, and in-depth seminars and conferences.
About Financial Insights, an IDC Company
Financial Insights provides independent research, custom consulting, and detailed multiclient studies on the technology issues and challenges facing the financial services industry. Their global research covers topics of strategic importance to corporate and retail banks, insurance carriers, asset management firms, securities and brokerage firms. Local practices in Asia Pacific, Europe, Latin America and Canada add an in-depth regional viewpoint. Financial Insights, an IDC company, is headquartered in Framingham, Massachusetts, USA. IDC is a subsidiary of IDG, the world's leading IT media, research, and exposition company. Visit www.financial-insights.com for more information.
About William Mills Agency
William Mills Agency is the nation's largest public relations firm serving the financial services industry. The Atlanta-based agency was founded in 1977 and promotes companies that sell virtually every product or service used by commercial banks, mortgage lenders, credit unions, insurers and securities companies. According to the 2007 O’Dwyers’ Public Relations Firm Rankings, William Mills Agency is ranked tenth in financial/investor relations and 67th in independent firms. The agency represents more than 70 companies throughout North America. For more information, call 678-781-7219 or visit http://www.williammills.com.
Contacts:
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Scott Mills, 678-781-7201
(President)
scott@williammills.com
or
Financial
Insights
Deborah Stark, 508-935-4318 (Director of Marketing)
dstark@financial-insights.com
or
SourceMedia
Anne
O’Brien, 212-803-8280 (Executive Vice
President)
anne.obrien@sourcemedia.com
