Most comprehensive vendor ranking in the financial services industry features top 100 global providers of financial technology
Frankfurt, September 21, 2016 – BearingPoint, a leading European management and technology consultancy, announced that they have been ranked among the top 100 on the 2016 IDC Financial Insights FinTech Rankings. The renowned vendor rankings are based on 2015 calendar year revenues attributed to financial institutions.
Being positioned on the IDC Financial Insights FinTech Rankings demonstrates a fintech company’s commitment to the financial services industry and the success achieved at their financial institution clients. The IDC Financial Insights FinTech Rankings, now in its 13th year, is the global industry standard who’s who of financial services technology providers, and we congratulate the 2016 winners.
Karen Massey, Senior Analyst at IDC Financial Insights
We are proud to be listed again among the top 100 global financial technology providers. This reflects our market strength and continuity in the field of consulting and software for the financial industry.
Robert Wagner, firm-wide Industry Leader Financial Services at BearingPoint
The IDC Financial Insights 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 500 billion US dollars by 2018.
The annual IDC Financial Insights FinTech Ranking 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, it serves as a critical tool for financial services institutions during strategic planning and whenever they consider new investments in 3rd party solutions. IDC Financial Insights publishes a comprehensive report about the year's findings that is available for download.
About BearingPoint RegTech
With its RegTech product line, BearingPoint is a leading international provider of innovative regulatory and risk technology solutions (RegTech and RiskTech) and services along the Regulatory Value Chain for Financial Services.
Customers representing 4,400 firms worldwide, among them large international banks, a major part of the largest European banks, leading insurance companies as well as supervisory authorities and central banks, trust BearingPoint’s RegTech products and services.
We work closely with regulators and as a member of standardization bodies like XBRL consortium, we actively contribute to the process of standard setting. We combine our regulatory expertise with our proven, reliable and future-oriented Abacus Solution Suite and expert consulting capabilities as well as training seminars and managed services.
For more information about our products, please visit: http://www.reg.tech
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 email@example.com, or call 508-620-5533. Visit the IDC Financial Insights Community at http://idc-community.com/financial.
BearingPoint consultants understand that the world of business changes constantly and that the resulting complexities demand intelligent and adaptive solutions. Our clients, whether in commercial or financial industries or in government, experience real results when they work with us. We combine industry, operational and technology skills with relevant proprietary and other assets in order to tailor solutions for each client’s individual challenges. This adaptive approach is at the heart of our culture and has led to long-standing relationships with many of the world’s leading companies and organizations. Our global consulting network of more than 10,000 people serves clients in over 75 countries and engages with them for measurable results and long-lasting success.
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Tel. +49 89 540338029