Finastra named a top global provider in IDC FinTech Rankings
IDC’s prestigious annual ranking highlights the leading companies in financial technology.
London, UK – September 21, 2022 – Finastra is proud to be ranked one of the top providers in the 2022 IDC FinTech Rankings. Vendors on the elite list are recognized based on 2021 calendar year revenues attributed to financial services and fintech industries, and have demonstrated their commitment to their customers and the industry. This year marks Finastra’s entry into the top five and as a Fast Track FinTech, having risen significantly in the rankings from last year.
“Being named in the IDC FinTech Rankings is a significant accomplishment, demonstrating a provider’s commitment to the success of its financial institution clients,” states Marc DeCastro, Research Director at IDC Financial Insights. “The IDC FinTech Rankings, now in its 19th year, is the global standard list of fintech providers to the industry, and we congratulate the 2022 winners.”
The annual Fortune 500-style ranking evaluates the leading financial technology providers’ calendar year revenues from financial institutions (banking, insurance, and/or capital markets) or directly to fintech solution providers for hardware, software, and/or services. The recognized enterprises featured on this list represent those committed to helping financial institutions deliver on their digital transformation goals and improve customer experience around the globe.
“This represents a significant achievement for Finastra and is testament to our continued growth as we focus on bringing innovative solutions to financial institutions around the world,” said Simon Paris, CEO at Finastra. “It’s a true honor to be recognized in the top five as we continue on our path to becoming an orchestrator of open finance and a leader in Banking as a Service. We are well positioned to build on our success and help unlock potential for our customers, financial institutions, and businesses everywhere.”
To view the list in its entirety, please visit: IDC Insights - Financial - Fintech Rankings
Click here for more on Finastra’s recent awards.
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Finastra is a global provider of financial software applications and marketplaces, and launched the leading open platform for innovation, FusionFabric.cloud, in 2017. It serves institutions of all sizes, providing award-winning solutions and services across Lending, Payments, Treasury & Capital Markets and Retail & Digital Banking for banks to support direct banking relationships and grow through indirect channels, such as embedded finance and Banking as a Service. Its pioneering approach and commitment to open finance and collaboration is why it is trusted by ~8,600 institutions, including 90 of the world’s top 100 banks. For more information, visit finastra.com.