Wall Street Systems Climbs 13 Places in Fintech 100

13 November 2008

Wall Street Systems (Wallstreet), the global provider of treasury, trading and settlement solutions and services, today announced that it has climbed 13 places from last year in the annual FinTech 100 rankings, securing 61st position. In just two years, the company has increased its ranking by 22 places.

Published by American Banker and research firm Financial Insights, the FinTech 100 is an annual international listing of the top technology vendors that derive more than a third of eligible revenue from the financial services industry.

The ranking reflects the company's continuing progress and strong demand for its treasury and trade processing solutions. In particular, Wallstreet has significantly increased sales of its ASP and managed service offerings.

"These rankings represent another prosperous year for Wall Street Systems, as we continue to grow both organically and through acquisition." said Joel Mandelbaum, president and CEO. "Despite the market turmoil, we are confident in further advancing our strong position in 2009. This will be driven by our strong balance sheet, flexible pricing and delivery models and significant ROI benefits derived by our clients from our proven solutions."

This represents the fifth year that Financial Insights has recognised the leading 100 global technology and service providers to the financial services industry. The ranking is categorised and evaluated based on CY07 year-end revenues and the percentage of revenues attributed to financial services.

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