2011 FinTech Top 25 Enterprise Technology Vendors Announced by IDC Financial Insights, American Banker and Bank Technology News

New York and Boston, MA - 12 October 2011

American Banker and Bank Technology News, SourceMedia’s leading publications for banking and financial services professionals, and IDC Financial Insights, a leading provider of independent research and advisory services focusing on the business, technology and operational issues in financial services, today released the 2011 FinTech Top 25 Enterprise technology vendor rankings. This year marks the eighth year of the annual rankings.

The FinTech Top 25 Enterprise list is made up of the leading horizontal technology firms providing products and services across multiple industries, including significant reported revenues within financial services. Unlike vendors included in the FinTech 100 ranking, however, revenues from the financial services industry represent less than one-third of total revenues for these companies. This year’s highlights include:

• IBM marks the eighth consecutive year atop the list;

• Consistency among the top four, who remain unchanged from 2010 rankings;

• Largest positive jump in rankings this year belongs to Deloitte & Touche Tohmatsu (from 23rd to 15th)

• Largest percentage of total revenues generated by financial services is 32 percent (CGI)

• Teradata Corporation represents the single new entrant to this year’s rankings, taking the #25 spot, previously held by Intuit, Inc.

“Twenty-one of the top 25 enterprise vendors serving banks raised their revenue significantly during 2010; this is a hopeful sign in an uncertain global economy,” said Penny Crosman, editor of Bank Technology News. “It’s also good to see stability throughout much of this group, and that 14 of the top 25 companies are U.S. based, providing jobs and support to our portion of the world.”

“The FinTech Enterprise 25 represents the world's largest hardware, software, and services providers to the financial services industry,” said Karen Massey, senior analyst, banking practice at IDC Financial Insights. “These enterprise providers have expanded their value propositions in financial services giving them strategic partner status to financial institutions; indeed, the Enterprise 25 have captured 65 percent of the total FinTech 100 and Enterprise 25 combined revenues.”

Consideration for the top 25 enterprise technology companies for 2011 is determined by calendar year-end revenues (CY10) and the percentage of revenues from sales to financial services industry clients, with final rankings based upon total sales to financial institutions.

The 2011 FinTech Top 25 Enterprise Technology Companies are as follows:

1. IBM -- USA
2. Hewlett Packard -- USA
3. Dell, Inc. -- USA
4. Fujitsu Limited -- Japan
5. Cisco Systems, Inc. -- USA
6. Microsoft -- USA
7. Accenture -- USA
8. Oracle Corporation -- USA
9. Hitachi -- Japan
10. Intel -- USA
11. Thomson Reuters -- USA
12. EMC -- USA
13. CSC -- USA
14. Capgemini -- France
15. Deloitte & Touche Tohmatsu -- USA
16. Wipro -- India
17. ATOS Origin S.A. -- France
18. SAP AG -- Germany
19. CGI Group, Inc. -- Canada
20. Siemens -- Germany
21. Reed Elsevier -- United Kingdom
22. Logica CMG plc -- United Kingdom
23. Unisys -- USA
24. HCL Technologies -- India
25. Teradata Corporation -- USA

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