Verint Named Among IDC FinTech’s Top 25 Enterprise Financial Technology Providers
October 18 2018 - 8:30AM
Business Wire
15th Annual Ranking Highlights Top Global
Providers of Financial Services Technology
Verint® Systems Inc. (Nasdaq: VRNT) today announced that it has
been named to the newly published 2018 IDC FinTech Rankings of Top
25 Enterprise Companies for the fifth consecutive year.
“We are delighted to be recognized again this year by IDC
Financial Insights. Today’s financial institutions must meet
changing customer expectations, improving service across multiple
channels, while managing risk and complying with increasing
regulatory requirements,” says Verint’s Nancy Treaster, senior vice
president and general manager of strategic operations. “Inclusion
in the IDC FinTech Rankings recognizes our hard work to simplify,
modernize and automate processes that support these goals.”
On an annual basis, 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. Vendors on the 2018 list are ranked based
on 2017 calendar year revenues attributed to financial
institutions.
“A place on the IDC FinTech Rankings is a significant
accomplishment, demonstrating a provider’s commitment to the
success of its financial institution clients,” states Karen Massey,
Research Manager at IDC Financial Insights. “The IDC Fintech
Rankings, now in its 15th year, is the global industry standard
register of financial services tech providers, and we congratulate
the 2018 winners.”
According to IDC Financial Insights, the providers supply the
technological backbone of the financial services industry, one in
which IDC forecasts worldwide spending on IT to reach half a
trillion dollars by 2020. There are two sets of rankings: The Top
100 represents companies that derive more than 1/3 of their revenue
from financial institutions. The Top 25 Enterprise companies are
enterprise technology firms that serve multiple industries, with
significant revenue in financial services, but less than 1/3 of it
from financial institutions.
Today, many leading financial institutions around the world
count on Verint’s customer engagement offerings—available in the
cloud and on-premises—to improve the customer experience, drive
revenue, and mitigate fraud and risk.
About IDC Financial Insights
IDC Financial Insights assists financial service businesses and
IT leaders, as well as the suppliers who serve them, in making more
effective technology decisions by providing accurate, timely, and
insightful fact-based research and consulting services. Staffed by
senior analysts with decades of industry experience, our global
research analyzes and advises on business and technology issues
facing the banking, insurance, and securities and investments
industries. International Data Corporation (IDC) is the premier
global provider of market intelligence, advisory services, and
events for the information technology market. IDC is a subsidiary
of IDG, the world’s leading technology, media, research, and events
company. For more information, please visit www.idc.com/financial,
email info@idc-fi.com, or call 508-620-5533.
About Verint Systems Inc.
Verint® (Nasdaq: VRNT) is a global leader in Actionable
Intelligence® solutions with a focus on customer engagement
optimization, security intelligence, and fraud, risk and
compliance. Today, over 10,000 organizations in more than 180
countries—including over 85 percent of the Fortune 100—count on
intelligence from Verint solutions to make more informed, effective
and timely decisions. Learn more about how we’re creating A Smarter
World with Actionable Intelligence® at www.verint.com.
This press release contains “forward-looking statements,”
including statements regarding expectations, predictions, views,
opportunities, plans, strategies, beliefs, and statements of
similar effect relating to Verint Systems Inc. These
forward-looking statements are not guarantees of future performance
and they are based on management's expectations that involve a
number of risks, uncertainties and assumptions, any of which could
cause actual results to differ materially from those expressed in
or implied by the forward-looking statements. For a detailed
discussion of these risk factors, see our Annual Report on Form
10-K for the fiscal year ended January 31, 2018, our Quarterly
Report on Form 10-Q for the quarter ended July 31, 2018, and other
filings we make with the SEC. The forward-looking statements
contained in this press release are made as of the date of this
press release and, except as required by law, Verint assumes no
obligation to update or revise them or to provide reasons why
actual results may differ.
VERINT, ACTIONABLE INTELLIGENCE, THE CUSTOMER ENGAGEMENT
COMPANY, NEXT IT, OPINIONLAB, TERROGENCE, SENSECY, CUSTOMER
ENGAGEMENT SOLUTIONS, CYBER INTELLIGENCE SOLUTIONS, EDGEVR,
RELIANT, VANTAGE, STAR-GATE, SUNTECH, and VIGIA are trademarks or
registered trademarks of Verint Systems Inc. or its subsidiaries.
Other trademarks mentioned are the property of their respective
owners.
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Verint Systems Inc.Media Relations:Amy
Curryamy.curry@verint.comorInvestor Relations:Alan
Rodenalan.roden@verint.com
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