BearingPoint honored by IDC Financial Insights in the 2015 FinTech Rankings as a world-leading financial technology provider

Management and technology consultancy BearingPoint climbs into the 2015 IDC FI FinTech Rankings featuring the top 100 global providers of financial technology

Frankfurt, September 15, 2015 – Management and technology consultancy and standard software provider for regulatory solutions, BearingPoint, ranks among the top 100 in the 2015 IDC Financial Insights FinTech Rankings. The most comprehensive vendor ranking within the financial services industry, the annual IDC FI FinTech Rankings is based on 2014 calendar year revenues attributed to financial institutions.

The IDC Financial Insights FinTech Rankings are a global measure of success in the financial services technology industry, and we congratulate this year’s Top 100 FinTech companies and the Top 25 Enterprise companies on their prominent positioning. These companies have demonstrated commitment and success in supplying innovative and efficient technology to our industry.

Karen Massey, Senior Analyst for IDC Financial Insights

The recognition as a top 100 global provider of financial technology demonstrates our market strength and leadership in the regulatory domain, which is mainly based on our innovative ‘RegTech‘ ABACUS solutions along the Regulatory Value Chain.

Maciej Piechocki, Partner at BearingPoint

Now in its 12^th year, the IDC FI 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. IDC Financial Insights publishes a comprehensive report about the year's findings that is available to view or download here.

BearingPoint has a strong position in financial services and works closely together with banks, insurance companies and other financial institutions as well as supervisory authorities and central banks. Unlike many consulting firms, BearingPoint has built unique software capabilities and developed a business unit called Asset Based Consulting (ABC). BearingPoint’s Financial Services RegTech solutions include products such as ABACUS Solution Suite, FiRE, FiTAX, EasyTax and ABS+.

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. Visit the IDC Financial Insights Community at http://idc-community.com/financial.

About BearingPoint

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 9,700 people serves clients in more than 70 countries and engages with them for measurable results and long-lasting success.

For more information, please visit: www.bearingpoint.com