Top 25 enterprise technology vendors in financial industry

NEW YORK, USA: American Banker, SourceMedia's flagship publication for banking and financial services professionals, and Financial Insights, an IDC Company, a global independent advisory firm, released the fourth annual FinTech ranking of the Top 25 Worldwide Enterprise Technology Companies in the financial services industry.

The top 25 enterprise companies in FinTech are horizontal technology firms that provide products and services across multiple industries, and have significant reported revenue in the financial services industry. This year's highlights include:

For the fourth consecutive year, IBM is the largest provider of technology products and services to the financial industry.

This year's Top 25 includes eight companies with headquarters located outside North America.

Vendors included in the Top 25 Enterprise Technology Companies are as follows:

1. International Business Machines (www.ibm.com)
2. Hewlett-Packard (www.hp.com)
3. Dell (www.dell.com)
4. Fujitsu (www.fujitsu.com)
5. Cisco Systems (www.cisco.com)
6. Microsoft (www.microsoft.com)
7. Electronic Data Systems (www.eds.com)
8. Hitachi (www.hitachi.com)
9. Siemens Business Services (www.siemens.com)
10. Accenture (www.accenture.com)
11. Sun Microsystems (www.sun.com)
12. Intel (www.intel.com)
13. EMC (www.emc.com)
14. Computer Sciences Corp. (www.csc.com)
15. Oracle (www.oracle.com)
16. ATOS Origin (www.atosorigin.com)
17. Capgemini (www.capgemini.com)
18. Getronics (www.getronics.com)
19. LogicaCMG (www.logicacmg.com)
20. SAP AG (www.sap.com)
21. Thomson Financial (www.thomson.com)
22. Deloitte (www.deloitte.com)
23. Avaya Inc. (www.avaya.com)
24. Symantec (www.symantec.com)
25. BearingPoint (www.bearingpoint.com)

"A number of the world's biggest technology companies provide solutions that have significant impact on the financial services industry," said David Longobardi, editor in chief, American Banker. "These rankings represent vendors that offer a broad portfolio of solutions to financial institutions that positively impact their efficiency and profitability. Many financial institutions today look to technology vendors as an extension of their organization and these rankings help financial institutions select vendors that truly understand the financial services arena."

"Large companies serving the financial industry are more likely to help institutions implement a dynamic IT environment," said Jeanne Capachin, research vice president of Global Banking for Financial Insights. "The FinTech 25 companies are helping financial institutions with that transformation."

Consideration for the top 25 enterprise technology companies for 2007 is determined by calendar year-end revenues (CY06) and the percentage of revenues from sales to financial services industry clients, with final rankings based upon total sales to financial institutions. In addition to the FinTech Top 25 Enterprise Technology Companies, American Banker and Financial Insights also released the fourth annual FinTech 100 ranking of the top technology providers to the financial services industry.

The 2007 winners will be honored at the BAI Retail Delivery Conference & Expo in Las Vegas at an awards breakfast on November 14 at the Mandalay Bay.