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TAS Group Named to the 2016 IDC Financial Insights FinTech Rankings

Most comprehensive vendor ranking in the financial services industry features top 100 global providers of financial technology 

TAS Group, (Italian Stock Exchange: TAS), a global provider of innovative solutions in card management systems, financial messaging and capital markets, announced they have ranked in the Top 100 on the 2016 IDC Financial Insights FinTech Rankings. The most comprehensive vendor ranking within the financial services industry, the annual IDC FI FinTech Rankings is based on 2015 calendar year revenues attributed to financial institutions.

CEO of TAS Group Valentino Bravi said, “We are proud to continuously reaffirm our financial sector expertise, delivering first class software and services with a globalized footprint to our growing customer base in the Banking sector. Being recognized in the IDC Financial Insights FinTech Rankings for the eighth consecutive year witnesses our commitment and ability in adapting our functional and commercial capabilities to the rapidly changing competitive landscape.”

Already a leader in the Italian market and an integral provider of fintech solutions to commercial banks and central institutions throughout Europe, TAS Group has set their sights on increasing their global presence through their signature customer-centric approach for delivering innovative solutions. Ramping up of their card payments offering, cashless 3.0™, in Europe and the Americas, empowering their financial messaging Network Gateway proposition to cover Instant Payments and Distributed Ledger based real-time payments, plus driving the European T2S first wave migration of Securities Market operators through their unique Aquarius platform, are among TAS latest achievements.

Now in its 13th year, the IDC Financial Insights FinTech Rankings categorize and evaluate the top global providers of financial technology based on calendar year revenues from financial institutions for hardware, software and/or services. These providers supply the technological backbone of the financial services industry, an industry in which IDC Financial Insights forecasts worldwide spending on IT across the globe to reach half a trillion dollars by 2018.

The annual IDC Financial Insights FinTech Rankings has become an important measure of the health and direction of technology in the industry and the emergence of innovative solutions from new players. In addition, the IDC Financial Insights FinTech Rankings serve as a critical tool for financial services institutions to use during strategic planning and to review whenever they consider new investments in 3rd party solutions. IDC Financial Insights publishes a comprehensive report about the year's findings that is available to view or download.

TAS Group delivers software solutions for electronic money, payment systems, capital markets and ERP. Our offices span 7 countries but our secure solutions manage financial transactions worldwide. We strive to simplify the way private enterprise, public sector, commercial and central banks interact with their customers, stakeholders and technology systems. Our highly experienced team of business analysts and software engineers are focused on rethinking, reimagining and revolutionizing commercial business processes for digital and mobile integration. Trusted by European Central Banks to manage millions of financial messages each day, our 30-year reputation in the market and outstanding SWIFT expertise has made us an internationally preferred partner in the financial industry. Our securities software is leading the way for Target2-Securities regulations in Europe while our 12 years of experience in EMV card payments is helping US businesses and institutions implement smooth migrations. Today, over 100 million chip cards are managed on TAS solutions.

IDC Financial Insights assists financial service businesses and IT leaders, as well as the suppliers who serve them, in making more effective technology decisions by providing accurate, timely, and insightful fact-based research and consulting services. 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. International Data Corporation (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.