King of Prussia, Pa, Nov. 8, 2005- XRT, a leading provider of treasury management solutions, has been named to the FinTech100 rankings as published by American Banker and Financial Insights. The annual, internationally recognized ranking is categorized and evaluated based on fiscal year-end revenues and the percentage of revenue attributed to financial services. Placing 68th, this is XRT's first appearance in the ranking.
"This award reflects XRT's leading position in the international financial services market, most notably treasury management," said John Alarcon, general manager of XRT's North American operations. "We are honored by the results which validate our continued commitment to providing our clients with the best treasury management solutions."
The FinTech 100 ranking follows a series of recent accolades for XRT. Recently, the company was named the top treasury service provider in a 2005 European Treasury Survey published by FX&MM Magazine. XRT also figures in Software Magazine's 2005 Software 500.