New York — 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 100 rankings of the top technology providers to the financial services industry worldwide.

This year’s FinTech 100 listing presents valuable insight into where financial institutions are investing technology dollars in a challenging economic climate, and what vendors are continuing to thrive in the marketplace. Some highlights from this year’s report include:

  • Fiserv returns to the No. 1 spot, and is once again the largest provider of technology to the financial services industry
  • India-based companies are more prominent on the list (there are five this year)
  • Hundsun Technologies Inc. and Yucheng Technologies Ltd are the first Chinese companies to make the list
  • Luxoft is the first Russian company to make the list

Vendors included in the fifth annual FinTech 100 rankings are as follows:
1. Fiserv, Brookfield, Wis., www.fiserv.com

2. Fidelity National Information Services, Jacksonville, Fla., www.fnf.com

3. SunGard, Wayne, Pa., www.sungard.com

4. Diebold, North Canton, Ohio, www.diebold.com

5. NCR, Dayton, Ohio, www.ncr.com

6. Tata Consultancy Services (TCS), Mumbai, www.tcs.com

7. First Data Corporation, Greenwood Village, Colo., www.firstdata.com

8. CA (Computer Associates), Islandia, N.Y., www.ca.com

9. Total System Services, Inc., (TSYS), Columbus, Ga., www.tsys.com

10. Metavante Corporation, Milwaukee, Wis., www.metavante.com

11. DST Systems, Kansas City, Mo., www.dstsystems.com

12. Cognizant, Teaneck, N.J., www.cognizant.com

13. SAS Institute, Cary, N.C., www.sas.com

14. Experian Group, Ltd., Dublin, Ireland, www.experian.com

15. Jack Henry & Associates, Inc., Monett, Mo., www.jackhenry.com

16. Equifax, Atlanta, www.equifax.com

17. ChoicePoint, Alpharetta, Ga., www.choicepointinc.com

18. Broadridge Financial Solutions, Inc., Lake Success, N.Y., www.broadridge.com

19. Fair Isaac Corporation, Minneapolis, www.fairisaac.com

20. Oberthur Card Systems S.A., Paris, www.oberthurcs.com

21. Misys, London, www.misys.com

22. IPC Information Systems, Ltd., New York, www.ipc.com

23. Open Solutions Inc., Glastonbury, Conn., www.opensolutions.com

24. EDB Business Partner AS, Oslo, Norway, www.edb.com

25. Ingenico S.A., Puteaux, France, www.ingenico.com

26. Itautec, São Paulo, www.itautec.com.br

27. ACI Worldwide, New York, www.aciworldwide.com

28. Temenos Group AG, Geneva, www.temenos.com

29. Harland Financial Solutions, Lake Mary, Fla., www.harlandfs.com

30. Murex S.A., Paris, www.murex.com

31. TransFirst Holdings Inc., Dallas, www.transfirst.com

32. GL Trade, Paris, www.gltrade.fr

33. Hypercom Corporation, Phoenix, www.hypercom.com

34. OMX AB, Stockholm, www.omxgroup.com

35. Patni Computer Systems, Ltd., Cambridge, Mass., www.patni.com

36. SS&C Technologies, Inc., Windsor, Conn., www.sscinc.com

37. Wolters Kluwer Financial Services, Minneapolis, Minn., www.wolterskluwer.com

38. Polaris Software Lab Ltd., Chennai, India, www.polaris.co.in

39 MphasiS Corporation (EDS), New York and Bangalore, www.mphasis.com

40. Syntel, Troy, Mich., www.syntelinc.com

41. GFT Technologies AG, Stuttgart, Germany, www.gft.com

42. Linedata Services S.A., Rueil-Malmaison, France, www.linedata.com

43. Politec, Brasilia, Brazil, www.politec.com.br

44. Advent Software, San Francisco, www.advent.com

45. SimCorp, Copenhagen, www.simcorp.com

46. Resolve, Corp., Toronto, www.resolve.com

47. Ness Technologies, Hackensack, N.J., www.ness.com

48. Headstrong Corporation, Fairfax, Va., www.headstrong.com

49. S1, Norcross, Ga., www.s1.com

50. Fidessa, London, www.fidessa.com

51. GlobeOp Financial Services, London, www.globeop.com

52. DealerTrack Holdings, Inc., Lake Success, N.Y., www.dealertrack.com

53. Moody's KMV (Moody’s Corporation), New York, www.moodyskmv.com

54. Firstsource Solutions Ltd., Mumbai, www.firstsource.com

55. Algorithmics Inc., Toronto, www.algorithmics.com

56. Zenta, New York, www.zenta.com

57. Online Resources Corporation, Chantilly, Va., www.orcc.com

58. Interactive Data Corporation, Bedford, Mass., www.interactivedata.com

59. Charles River Development, Burlington, Mass., www.crd.com

60. Chordiant Software, Cupertino, Calif., www.chordiant.com

61. Wall Street Systems, New York and London, www.wallstreetsystems.com

62. Odyssey Financial Technologies, Prilly, Switzerland, www.odyssey-group.com

63. Avaloq, Zurich, www.avaloq.com

64. Bravura Solutions Limited, Sydney, Australia, www.bravurasolutions.com

65. iGATE Global Solutions Limited, Bangalore, www.igate.com

66. FundTech, Ltd., Jersey City, N.J., www.fundtech.com

67. CPM Braxis, Sao Paulo, www.cpmbraxis.com

68. Calypso Technology, Inc., San Francisco, www.calypso.com

69. Vasco Data Security, Oakbrook Terrace, Ill., www.vasco.com

70. Viewpointe, New York, www.viewpointe.com

71. ERI Bancaire SA, Geneva, www.eri.ch

72.(a) Pegasystems, Cambridge, Mass., www.pega.com

72.(a) SmartStream, London, www.smartstream-stp.com

74. Wausau Financial Systems, Mosinee, Wis., www.wausaufs.com/

75. Investment Technology Group, Inc., New York, www.itg.com

76. OpenLink, New York, www.olf.com

77. ORC Software AB, Stockholm, www.orcsoftware.com

78.(a) Callatay & Wouters, Brussels, www.callatay-wouters.com

78.(a) Hundsun Technologies, Inc., Hangzhou, China, www.hundsun.com

80. Viveo, Paris, www.viveo.com

81. Sophis, London, www.sophis.net

82. Actuate Corporation, San Mateo, Calif., www.actuate.com

83. Eagle Investment Systems LLC, West Hartford, Conn., www.eagleinvsys.com

84. Yucheng Technologies Limited, Beijing, www.yuchengtech.com

85. Fermat, Brussels, www.fermat.eu

86. Callidus Software, Inc., San Jose, Calif., www.callidussoftware.com

87.(a) COCC, Avon, Conn., www.cocc.com

87.(a) Goldleaf Financial Solutions, Inc., Brentwood, Tenn., www.goldleaf.com

89. Argo Data Resource Corporation, Richardson, Texas, www.argodata.com

90.(a) Bottomline Technologies, Portsmouth, N.H., www.bottomline.com

90.(a) Automated Financial Systems, Inc. (AFS), Exton, Pa., www.afsvision.com

92. Celero Solutions Inc., Calgary, www.celero.ca

93. Eze Castle Integration, Boston, www.eci.com

94. Luxoft, Moscow, www.luxoft.com

95. Norkom Technologies, Dublin and Boston, www.norkom.com

96. Virtusa Corporation, Westborough, Mass., www.virtusa.com

97. Hyland Software, Inc., Westlake, Ohio, www.onbase.com

98. Unica Corporation, Waltham, Mass., www.unica.com

99. Benchmark Technology Group, Alpharetta, Ga., www.benchmark-us.com

100. Finantix, Venice, www.finantix.com

(a) Tied

“With each year’s iteration, the FinTech 100 gains in impact and influence,” says David Longobardi, chief content officer for SourceMedia. “The rankings give financial institutions a unique perspective on a cohort of companies that are vital to their success.”

“Even during these turbulent times, there are some bright spots within the industry for the FinTech providers,” says Jeanne Capachin, research VP of global banking and insurance for Financial Insights. “Regulatory change typically spurs investment in areas such as analytics, reporting, document management and core systems. Interestingly, the revenue required to qualify and place on the FinTech 100 list for 2008 has increased from US$16M (in 2003) to US$36M (in 2008), showing steady growth in this global, yet challenging, marketplace.”

The 2008 ranking of the top 100 application/service providers in the financial services industry is categorized and evaluated by calendar year-end revenues, and the percentage of revenues from sales to financial services industry clients. The FinTech 100 includes vendors that derive more than one-third of eligible revenue from the financial services industry. Revenue from network, telecommunications, electronic exchanges and data services providers is ineligible; therefore percentages less than 33% reflect these adjustments within the rankings. All rankings are based on Financial Insights’ revenue estimates including information provided by public and private companies. Financial Insights conducted analysis on more than 400 companies for this recognition.

The 2008 honorees will be honored at the BAI Retail Delivery Conference & Expo in Orlando at an awards breakfast on November 17 at the Peabody Orlando. To attend the breakfast, register online at www.AmericanBanker.com/fintech100rsvp.

To obtain a complete copy of the report, please visit either company’s Web site at: www.financial-insights.com/fintech or www.AmericanBanker.com/fintech100.

Sources: BusinessWire, American Banker

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