WAYNE, Pa.--(BUSINESS WIRE)-- SunGard has been named a preferred vendor to the financial services industry in the annual FinTech 100 Rankings, published by American Banker, Bank Technology News, and IDC Financial Insights. SunGard has consistently ranked in the top five since the inception of the award in 2003.
The FinTech 100 is a ranking of the top 100 global application/service providers in financial services, including the banking, capital markets and insurance industries. All application categories specific to banking functions are included in this list such as core processing, branch, teller, ATM, credit card, mortgage origination, online banking, collections, cash management, trade finance, treasury services and funds transfer. The ranking of the top vendors is categorized and evaluated based on calendar year-end revenues and the percentage of revenues attributed exclusively to financial services. Data is gathered from surveys completed by vendors, as well as original research and market analysis conducted by IDC Financial Insights.
"As the industry standard for measuring success among the world's leading technology providers for financial services, the FinTech 100 highlights the industry-leading providers of the most innovative, efficient, and effective technology solutions to financial institutions," said Karen Massey, senior analyst, banking practice, IDC Financial Insights. "SunGard has remained steadfast in its ability to maintain its position in the top five for the ninth consecutive year, demonstrating its resilience and continued importance to our industry."
Harold Finders, chief executive officer, SunGard Financial Systems, said, “In an ever-changing financial services landscape, SunGard is helping companies address universal business challenges: delivering transparency to internal and external stakeholders, increasing efficiency for cost management, and leveraging networks for growth. SunGard continues to focus on developing and delivering new, innovative solutions and helping customers capitalize on change.”
About SunGard Financial Systems
SunGard Financial Systems provides mission-critical software and IT services to institutions in virtually every segment of the financial services industry. The primary purpose of these systems is to automate the many detailed processes associated with trading, managing investment portfolios and accounting for investment assets. These solutions address the processing requirements of a broad range of users within financial services, including asset managers, traders, custodians, compliance officers, treasurers, insurers, risk managers, hedge fund managers, plan administrators and clearing agents. In addition, we also provide professional services that focus on application implementation and integration of these solutions and on custom software development.
About SunGard
SunGard is one of the world’s leading software and technology services companies. SunGard has more than 17,000 employees and serves approximately 25,000 customers in more than 70 countries. SunGard provides software and processing solutions for financial services, education and the public sector. SunGard also provides disaster recovery services, managed IT services, information availability consulting services and business continuity management software. With annual revenue of about $4.5 billion, SunGard is the largest privately held software and services company and is ranked 480 on the Fortune 500. For more information, please visit www.sungard.com.
Trademark Information: SunGard and the SunGard logo are trademarks or registered trademarks of SunGard Data Systems Inc. or its subsidiaries in the U.S. and other countries. All other trade names are trademarks or registered trademarks of their respective holders.
© SunGard 2012. All rights reserved.
SunGard
Adriana Senior, +1-718-578-1130
adriana.senior@sungard.com
Source: SunGard