American Banker, Bank Technology News and IDC Financial Insights Release 2009 FinTech 100 Rankings

Changes within the top ten and increased international presence in sixth annual ranking

NEW YORK--(BUSINESS WIRE)--American Banker and Bank Technology News, SourceMedia’s renowned publications for banking and financial services professionals, and IDC Financial Insights, an independent research services firm, today released the sixth annual FinTech 100 rankings of the top global technology providers to the financial services industry.

“The last 18 months has been challenged with the worst financial crisis and recession in generations”

As the business environment within the financial services industry continues to be a challenging one, the FinTech 100 listing represents an insightful representation of where financial services companies are choosing to invest their technology dollars. Specific highlights from this year’s report include:

• Fiserv (NYSE: FISV) retains the number one spot as the largest provider of technology to the financial services industry;
• There are 41 companies on this year’s listed headquartered outside of North America;
• Representation from EMEA companies continues to be strong with 23 companies with combined revenues approaching $6 Billion;
• Three Chinese companies made list and include Hundson Technologies, Inc, Yucheng Technologies, Ltd and new this year Longtop Financial Technologies, Ltd.; and
• The number of Indian companies on the list continues to rise with 11 companies included representing combined revenue of more than $5 billion.

Vendors included in the 2009 FinTech 100 rankings are as follows:

1. Fiserv	Brookfield, Wis., USA
2. Sungard	Wayne, Penn., USA
3. Fidelity Information Services	Jacksonville, Fla., USA
4. Diebold, Incorporated	North Canton, Ohio, USA
5. NCR Corporation	Dayton, Ohio, USA
6. Tata Consultancy Services Limited (TCS)	Mumbai, Maharashtra, India
7. First Data Corporation	Greenwood Village, Colo., USA
8. Total System Services, Inc. (TSYS)	Columbus, Ga., USA
9. Lender Processing Services	Jacksonville, Fla., USA
10. Metavante Technologies, Inc.	Milwaukee, Wis., USA
11. Infosys Technologies, Ltd.	Bangalore, Karnataka, India
12. CA (Computer Associates)	Islandia, N.Y., USA
13. Cognizant Technology Solutions	Teaneck, N.J., USA
14. DST Systems	Kansas City, Mo., USA
15. Experian Group Limited	Dublin, Ireland
16. SAS Institute	Cary, N.C., USA
17. Equifax	Atlanta, Ga., USA
18. Jack Henry and Associates, Inc.	Monett, Mo., USA
19. Oberthur Card Systems S.A.	Nanterre, France
20. Broadridge Financial Solutions, Inc.	Lake Success, N.Y., USA
21. Ingenico S.A.	Puteaux Cedex, France
22. FICO	Minneapolis, Minn., USA
23. Open Solutions Inc.	Glastonbury, Conn., USA
24. Itautec	São Paulo, Brazil
25. EDB Business Partner ASA	Oslo, Norway
26. Temenos Group AG	Geneva, Switzerland
27. Hypercom Corporation	Scottsdale, Ariz., USA
28. ACI Worldwide	New York, N.Y., USA
29. Murex SA	Paris, France
30. Misys	London, UK
31. IPC Information Systems, Ltd.	New York, N.Y., USA
32. 3i Infotech	Mumbai, Maharashtra, India
33. CPM Braxis	São Paulo, Brazil
34. Syntel	Troy, Mich., USA
35. Harland Financial Solutions	Lake Mary, Fla., USA
36. SS&C Technologies, Inc.	Windsor, Conn., USA
37. Mphasis Corporation (EDS)	Bangalore, India
38. TransFirst Holdings, Inc.	Dallas, Texas, USA
39. Polaris Software Lab Ltd.	Chennai, Tamil Nadu, India
40. Patni Computer Systems Ltd.	Mumbai, Maharashtra, India
41. Advent Software, Inc.	San Francisco, Calif., USA
42. Wolters Kluwer Financial Services	Minneapolis, Minn., USA
43. Simcorp	Copenhagen, Denmark
44. GFT Technologies AG	St. Georgen, Germany
45. Ness Technologies	Canonsburg, Penn., USA
46. Linedata Services S.A.	Rueil-Malmaison, France
47. Resolve Corporation	Toronto, Ontario, Canada
48. Fidessa	London, UK
49. BancTec	Irving, Texas, USA
50. S1	Norcross, Ga., USA
51. GlobeOp Financial Services	London, UK
52. Headstrong Corporation	Fairfax, Va., USA
53. Firstsource Solutions Limited	Mumbai, Maharashtra, India
54. DealerTrack Holdings	Lake Success, N.Y., USA
55. Charles River Development	Burlington, Mass., USA
56. Algorithmics	Toronto, Ontario, Canada
57. Politec	São Paulo, Brazil
58. Avaloq	Zurich, Switzerland
59. Interactive Data Corporation	Bedford, Mass., USA
60. Wall Street Systems	New York, N.Y., USA
61. Calypso Technology	San Francisco, Calif., USA
62. Longtop Financial Technologies Ltd.	Beijing, China
63. Pegasystems	Cambridge, Mass., USA
64. Bravura Solutions Limited	Sydney, Australia
65. FundTech, Ltd.	Jersey City, N.J., USA
66. Collabera	Morristown, N.J., USA
67. iGATE Global Solutions Limited	Bangalore, Karnataka, India
68. OpenLink	New York, N.Y., USA
69. Mastek	Mumbai, India
70. Sophis	London, UK
71. Vasco Data Security	Oakbrook Terrace, Ill., USA
72. ERI Bancaire SA	Zurich, Switzerland
73. Chordiant Software, Inc.	Cupertino, Calif., USA
74. Odyssey Financial Technologies	Prilly, Switzerland
75. Online Resources Corporation	Chantilly, Va., USA
76. Eagle Investment Systems LLC	West Hartford, Conn., USA
77. Viewpointe	New York, N.Y., USA
78. TAS Group	Bologna, Italy
79. Diamond Management & Technology Consultant	Chicago, Ill., USA
80. Callatay and Wouters	Brussels, Belgium
81. SmartStream	London, UK
82. Investment Technology Group	New York, N.Y., USA
83. ORC Software AB	Stockholm, Sweden
84. Goldleaf Financial Solutions, Inc.	Norcross, Ga., USA
85. Nucleus Software	Noida, Uttar Pradesh, India
86. Wausau Financial Systems	Mosinee, Wis., USA
87. Hyland Software, Inc.	Westlake, Ohio, USA
88. Actuate Corporation	San Mateo, Calif., USA
89. Hundsun Technologies Inc.	Hangzhou, China
90. Viveo	Paris, France
91. Eze Castle Integration	Boston, Mass., USA
92. Panini	Bologna, Italy
93. Callidus Software, Inc.	San Jose, Calif., USA
94. AurionPro Solutions	Mumbai, Maharashtra, India
95. COCC	Avon, Conn., USA
96. FRS Global	Stevens-Woluwe, Belgium
97. Norkom Technologies	Dublin, Ireland
98. Yucheng Technologies Limited	Beijing, China
99. Celero Solutions Inc.	Calgary, Alberta, Canada
100. Argo Data Resource Corporation	Richardson, Texas, USA

“This year’s FinTech 100 list highlights banks’ `flight to quality,’ as they consolidate their technology spending with the industry’s largest and most established players,” said Rebecca Sausner, editor of Bank Technology News.

“The last 18 months has been challenged with the worst financial crisis and recession in generations,” said Dana Wiklund, research director, Risk Management, IDC Financial Insights. “One underlying positive is that technology innovation around financial services continues. The evidence for this is year-over-year growth in both aggregate FinTech 100 revenue ($52 Billion up from $45 Billion in 2008) and the minimum threshold for making the FinTech 100 list (up to $50 Million from $36 Million in 2008). Growth in the global participation further underscores the diversification of solutions throughout the industry.”

The 2009 ranking of the top 100 application/service providers in the financial services industry is categorized and evaluated by calendar year-end revenues (CY08) 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 2009 honorees will be honored at the BAI Retail Delivery Conference & Expo in Boston at an awards breakfast on November 4 at the Westin Boston Waterfront.

To obtain a complete copy of the report, please visit http://www.americanbanker.com/fintech100/

About American Banker, Bank Technology News and SourceMedia, Inc.

American Banker, (www.AmericanBanker.com), is the banking industry’s daily source of information, news, and analysis for executives at banks of all sizes. Founded in 1836, with a current readership of more than 65,000, the publication covers topics including national and global banking issues, mortgages, consumer finance, legislation, investment products, card and payment systems and technology.

Bank Technology News (www.BankTechNews.com/) is written for 27,000 banking professionals who identify, recommend, purchase and support the front-, middle- and back-office technology needs across all business units of their financial institutions. Bank Technology News provides critical information and analysis on the relationship between banking strategy and technology execution.

SourceMedia (www.SourceMedia.com), an Investcorp company, is the pre-eminent provider of timely and essential news, analysis, research, and insights for members of the financial services community, and the related fields of professional services and technology. SourceMedia offers its clients and subscribers professional publications, industry-standard data applications and in-depth seminars and conferences.

About IDC Financial Insights

IDC Financial Insights (www.financial-insights.com) is one of the world’s leading providers of independent research, custom consulting, and advisory services focusing on the business, technology and operational issues, within the financial services community. We are the preferred research partner for over 250 of the world’s largest financial institutions and technology companies. For the past 6+ years we have been helping our clients understand and manage the challenges they face from a rapidly changing business, operational and technological environment. We proudly employ the industry’s most talented minds, which equip our clients with insights that they rely on and advice they trust. Furthermore, we are the only research firm that has a significant physical presence worldwide, with analyst community based in the America's, Asia Pacific and Europe.

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