Teradata Ranked a Top 100 Global Provider of Financial Technology in the 2021 IDC FinTech Rankings Top 100
September 16 2021 - 9:00AM
Business Wire
Annual ranking highlights top enterprises
worldwide serving the financial services industry
Teradata (NYSE: TDC), the connected multi-cloud data platform
for enterprise analytics company, today announced that they have
ranked #37 on the 2021 IDC FinTech Rankings. The 18th annual vendor
ranking represents the top global providers of financial
technology. Companies are ranked based on 2020 calendar year
revenues attributed to financial institutions – a rapidly growing
market for Teradata’s cloud data analytics platform, Vantage.
IDC Financial Insights publishes a comprehensive report about
the year's findings that is available to view or download here.
Businesses across the financial sector are shifting from
delivering generalized products to tailored services. Add in
regulation and compliance mandates, trends toward open and
collaborative banking, and ever-growing security concerns, and a
new approach to data and analytics becomes essential. That is why
IDC Financial Insights forecasts that the financial services
industry will spend $590 billion (USD) on IT by 2025. Teradata
Vantage, the connected multi-cloud data platform for enterprise
analytics that unifies data lakes, data warehouses and analytics,
enables financial institutions to build the future of their
businesses on data-driven capabilities.
“At Teradata, our financial services customers have learned that
in order to survive and thrive in today’s economy they must
leverage their greatest asset – data – to improve customer
experience, meet new and changing compliance measures, stay ahead
of ever-evolving security threats and open doors to innovative new
products and services,” said Todd Cione, Chief Revenue Officer at
Teradata. “The IDC FinTech Rankings recognize our ongoing
commitment to helping these organizations successfully execute
their digital transformation initiatives and achieve their analytic
goals.”
Bank of the Future Learning Experience
This ranking coincides with Teradata’s virtual executive
program, Bank of the Future -- part of Teradata’s ongoing
partnership with Saïd Business School, Oxford University. Through
research, examples from within and outside of the banking industry,
discussions, and networking with peers across the globe,
participants will take away fresh perspectives around how they can
develop innovative strategies to successfully lead their
organizations into the future.
The virtual experience runs over three weeks starting on
September 23, 2021, for a total of four sessions. Each two-hour
session includes faculty-led research insights, industry discussion
and a comprehensive wrap-up. Participants that complete all four
sessions receive an e-certificate from Oxford Saïd Business
School.
- Session 1, Thursday, September 23: Customers in a
digital-first, AI-Enabled World
- Session 2, Tuesday, September 28: Platforms, innovation
and new technologies in banking
- Session 3, Thursday, September 30: Strategic
alignment
- Session 4, Tuesday, October 5: Beyond the bank of the
future
Financial Services executives and decision makers interested in
attending the Bank of the Future virtual executive program at
Oxford should contact Mary Gros, at Mary.Gros@Teradata.com.
About Teradata
Teradata is the connected multi-cloud data platform for
enterprise analytics company. Our enterprise analytics solve
business challenges from start to scale. Only Teradata gives you
the flexibility to handle the massive and mixed data workloads of
the future, today. Learn more at Teradata.com.
The Teradata logo is a trademark, and Teradata
is a registered trademark of Teradata Corporation and/or its
affiliates in the U.S. and worldwide.
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January Machold 858-485-3049 office
January.Machold@Teradata.com
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