FIS Ranked Number One in the 2017 IDC FinTech Rankings
September 11 2017 - 9:09AM
Business Wire
Key facts
- FIS takes top ranking in this year’s
IDC Financial Insights FinTech Rankings.
FIS™ (NYSE:FIS), a global leader in financial services
technology, announced today that it has been ranked first in the
2017 IDC FinTech Rankings. The annual IDC FinTech Rankings is based
on 2016 calendar year revenues attributed to financial
institutions.
“In the rapidly changing financial services industry, FIS
continues to focus on delivering technology innovations that solve
real-world problems within the financial services industry to help
our clients succeed and grow,” said FIS President and CEO Gary
Norcross. “We’re proud to earn the top spot in this year’s rankings
because it shows the investments we are making are valued by our
clients and are empowering their success, as well as driving value
to our shareholders and employees.”
Now in its fourteenth year, the IDC FinTech Rankings categorize
and evaluate the top global providers of financial technology based
on calendar year revenues from financial institutions for hardware,
software and/or services. These providers supply the technological
backbone of the financial services industry, an industry in which
IDC Financial Insights forecasts worldwide spending on IT across
the globe to reach half a trillion dollars by 2018.
“Congratulations to FIS for earning the top spot in the 2017 IDC
FinTech rankings,” said Jerry Silva, Global Banking Research
Director, IDC Financial Insights. “In recent years, FIS has
transformed itself into the largest provider of financial
technology in the world through a combination of organic growth and
successful strategic acquisitions. It has done this while
maintaining its focus on delivering continued innovations to its
growing base of customers.”
The annual IDC FinTech Rankings has become an important measure
of the health and direction of technology in the industry and the
emergence of innovative solutions from new players. In addition,
the IDC FinTech Rankings serve as a critical tool for financial
institutions and companies to use during strategic planning and to
review whenever they consider new investments in third-party
solutions.
About FIS
FIS is a global leader in financial services technology, with a
focus on retail and institutional banking, payments, asset and
wealth management, risk and compliance, consulting, and outsourcing
solutions. Through the depth and breadth of our solutions
portfolio, global capabilities and domain expertise, FIS serves
more than 20,000 clients in over 130 countries. Headquartered in
Jacksonville, Fla., FIS employs more than 53,000 people worldwide
and holds leadership positions in payment processing, financial
software and banking solutions. Providing software, services and
outsourcing of the technology that empowers the financial world,
FIS is a Fortune 500 company and is a member of Standard &
Poor’s 500® Index. For more information about FIS, visit
www.fisglobal.com.
Follow FIS on Facebook (facebook.com/FIStoday) and Twitter
(@FISGlobal).
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version on businesswire.com: http://www.businesswire.com/news/home/20170911005640/en/
Kim Snider, 904.438.6278Senior Vice PresidentFIS Global
Marketing and Communicationskim.snider@fisglobal.com
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