American Banker and Financial Insights Announce Fifth Annual FinTech Top 25 Enterprise Technology Vendors Ranking

17 November 2008

American Banker, SourceMedia’s flagship publication for banking and financial services professionals, and Financial Insights, an independent research services firm and an IDC Company, today released the fifth annual FinTech Top 25 enterprise technology vendor rankings.

The FinTech Top 25 is comprised of leading horizontal technology firms that provide products and services across multiple industries, with a significant reported revenue within the financial services industry. This year’s highlights include:
• IBM (NYSE: IBM) continues its five-year streak as the largest provider of technology products and services to the financial industry.
• Nine of this year’s Top 25 companies have headquarters located outside North America, with Japan, France and India each claiming two companies on the list.

Vendors included in the Top 25 Enterprise Technology Companies are as follows:
1. IBM (NYSE: IBM), Armonk, N.Y.,
2. Hewlett-Packard (NYSE: HPQ), Palo Alto, Calif.,
3. Dell, Inc. (NASDAQ: DELL), Round Rock, Texas,
4. Fujitsu Limited (LSE: FUJ),
5. Cisco Systems, Inc. (NASDAQ: CSCO), San Jose, Calif.,
6. Microsoft (NASDAQ: MSFT), Redmond, Wash.,
7. Electronic Data Systems (NYSE: EDS), Plano, Texas,
8. Accenture Ltd (NYSE: ACN), New York,
9. Hitachi (NYSE:HIT), Tokyo,
10. Siemens (NYSE: SI), Munich,
11. Intel (NASDAQ: INTC), Santa Clara, Calif.,
12. Sun Microsystems (NASDAQ: SUNW), Santa Clara, Calif.,
13. EMC (NYSE: EMC), Hopkinton, Mass.,
14. Thomson Reuters (NYSE: TRI), Stamford, Conn.,
15. Computer Sciences Corp. (NYSE: CSC), El Segundo, Calif.,
16. Oracle (NASDAQ: ORCL), Redwood Shores, Calif.,
17. Capgemini (PBFM: PR0000125338), Paris,
18. Atos Origin (PBFM: FR0000051732), Paris,
19. Unisys (NYSE: UIS), Blue Bell, Pa.,
20. Infosys (NASDAQ: INFY), Bangalore,
21. LogicaCMG (LSE: LOG), London,
22. CGI (NYSE: GIB), Montreal,
23. Getronics, Amsterdam,
24. Wipro (NYSE: WIT), Bangalore,
25. Deloitte, New York,

“A number of the world’s biggest technology companies provide solutions that have significant impact on the financial services industry,” said David Longobardi, chief content officer for SourceMedia. “These rankings represent vendors that offer a broad portfolio of solutions to financial institutions that positively impact their efficiency and profitability. Many financial institutions today look to technology vendors as an extension of their organization and these rankings help financial institutions select vendors that truly understand the financial services arena.”

“Financial technology solutions providers within the ranks of the FinTech 25 are really in the ‘big leagues,’” said Jeanne Capachin, research vice president of global banking for Financial Insights. “These firms have demonstrated, year-over-year, their prowess in the marketplace and concentrated delivery of solid products and services to not only financial institutions but other industry segments as well. It is enterprise-wide firms such as the FinTech 25 that provide some of the most critical infrastructure, outsourcing, and platform technologies to the industry. What they also bring are client experiences from outside financial services that can enrich their relationships with leading financial institutions.”

Consideration for the top 25 enterprise technology companies for 2008 is determined by calendar year-end revenues (CY07) and the percentage of revenues from sales to financial services industry clients, with final rankings based upon total sales to financial institutions. In addition to the FinTech Top 25 Enterprise Technology Companies, American Banker and Financial Insights also released the fourth annual FinTech 100 ranking of the top technology providers to the financial services industry.

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