American Banker and Financial Insights Now Accepting Submissions for Annual FinTech 100 Rankings ; Annual rankings highlight top financial services technology and services providers
NEW YORK & FRAMINGHAM, MA – June 18, 2008 – American Banker, SourceMedia’s flagship publication for banking and financial services professionals, and Financial Insights, an independent research services firm and an IDC Company, announced today that submissions are now being accepted for consideration for the annual FinTech 100 rankings. 2008 represents the fifth year that the two organizations have formally recognized the leading 100 global technology and service providers to the financial services industry.
The rankings will be published in the Nov. 13, 2008 issue of American Banker as a special report that will contain detailed statistics on suppliers of hardware, software and services to the financial services industry, paired with expert analysis and commentary on the industry. Companies wishing to be considered for the ranking can access the submission guidelines online at: www.financial-insights.com/fintech. The deadline for submission is July 16, 2008.
“The annual FinTech 100 issue has grown into a critically important source of company information and industry insight for American Banker and our readership, as the rankings effectively centralize a great deal of business intelligence into a format this is unavailable anywhere else,” said David Longobardi, American Banker’s editor-in-chief.
“The FinTech 100 rankings have proven effective as a barometer for the overall health and direction of the financial services vendor and service provider community,” said Jeanne Capachin, research vice president of global banking and insurance for Financial Insights. “We are particularly interested in this year’s ranking as we will now have five-year-trend data to pull from and analyze. Economic forces have impacted the FinTech marketplace over the last 5 years with continued consolidation in the industry. We look forward to reviewing those data points and other subsequent changes within the industry as part of the annual FinTech 100.”
The FinTech 100 rankings will be categorized and evaluated by the company’s primary business (hardware, software, services) in serving the technology needs of financial institutions including all worldwide revenue attributed to each financial services segments, e.g., banking, insurance and capital markets for CY 2007; and the percent of revenues derived specifically from financial services. Detail will also be provided for companies regarding year-over-year change in rankings. The final rankings will be based on total revenues and total percentage within the financial industry.
The rankings continue to be based on quantifiable, verifiable data, public information and personal interviews conducted by Financial Insights to ensure the accuracy of the information.
As in previous years, a formal event will be hosted in conjunction with the annual BAI Retail Delivery Conference & Expo (Nov. 18-20 in Orlando, Fla.) to honor this year’s ranked companies.
About American Banker and SourceMedia, Inc.
American Banker is the highly trusted 170-year-old brand around which banking and financial services professionals regularly convene — to get relevant news, to stay abreast and ahead of competitors and regulators, to keep on the leading edge of ideas and trends. The daily American Banker is a concise and comprehensive print publication whose content is scrutinized every business day in the executive suites of banking companies nationwide. AmericanBanker.com, is the Web’s top banking destination, offering daily reporting updated with breaking news and enriched by data tools and best-of-breed supporting content.
SourceMedia, an Investcorp company, is the pre-eminent provider of timely and essential market information – including industry news, analysis, research and insights – for members of the financial services community, as well as related fields such as accounting and technology. Through its comprehensive library of professional publications, suite of industry-standard data applications, and in-depth seminars and conferences, SourceMedia (www.sourcemedia.com) offers its clients and subscribers a valuable and sophisticated range of products and services.
About Financial Insights, an IDC Company
Financial Insights provides independent research, custom consulting, and detailed multiclient studies on the technology issues and challenges facing the financial services industry. Our global research covers topics of strategic importance to corporate and retail banks, insurance carriers, asset management firms, securities and brokerage firms. Our local practices in Asia Pacific, Europe, Latin America and Canada add an in-depth regional viewpoint. Financial Insights, an IDC company, is headquartered in Framingham, Massachusetts, USA. IDC is a subsidiary of IDG, the world's leading IT media, research, and exposition company. Visit www.financial-insights.com for more information.
About William Mills Agency
William Mills Agency is the nation's largest public relations firm serving the financial services industry. William Mills Agency was founded in 1977 and promotes companies that sell virtually every product or service used by commercial banks, mortgage lenders, credit unions, insurers and securities companies. The Atlanta-based agency represents more than 70 companies throughout North America. For more information, please visit www.williammills.com.