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.