This marks the fifth year in a row that SimCorp has been included on the list, making the company one of only 38 that have consistently been featured since the inaugural ranking. FinTech 100 provides a comprehensive picture of financial institutionsâ spending on technology and offers a window on forces that are changing the industry. FinTech 100 is compiled annually by American Banker, SourceMediaâs flagship publication for banking and financial services professionals, and by global independent advisory firm Financial Insights, an IDC company.
Companies chosen for the list are categorised and evaluated based on 2007 fiscal year-end revenues and their percentage of financial services revenues.
âWe appreciate the continued recognition of SimCorp as a financial technology leader,â said David Kubersky, president, SimCorp USA. âSimCorpâs advancement in the rankings is a direct reflection of the companyâs commitment to its clients, its innovation and its continued growth worldwide.â