Press Releases
SunGard Named a Top Solutions Provider to Financial Services Industry and Places First in Capital Markets Category in Annual Financial Technology Ranking
November 13, 2008 — Wayne, PA
SunGard has been named a preferred vendor to the financial services industry in the annual Financial Technology (FinTech) Rankings, published by American Banker and Financial Insights, an IDC company. SunGard has consistently ranked in the top five since the inception of the award in 2003, placing third in this year’s overall rankings. SunGard also placed first this year in the Capital Markets category.
The FinTech 100 is a ranking of the top 100 global application/service providers in financial services. All application categories specific to banking functions are included in this list such as core processing, branch, teller, ATM, credit card, mortgage origination, online banking, collections, cash management, trade finance, treasury services and funds transfer. The ranking of the top vendors is categorized and evaluated based on calendar year revenue, and the percentage of revenues attributed exclusively to financial services. Data is gathered from surveys completed by vendors, as well as original research and market analysis conducted by Financial Insights.
Brian Robins, SunGard’s chief marketing officer, said, “For more than 25 years, financial services institutions have relied on SunGard to help them get the most value out of their IT investment. SunGard has consistently helped customers drive their business towards continued success by helping them improve their processing efficiencies and manage their risks. Our consecutive ranking in the top 5 of the FinTech 100 underscores our experience and strength. Looking to the future, we believe we can help our customers gain further competitive advantage from IT through SunGard’s transformational software-as-a-service offerings*.”
* SunGard Financial Systems is pursuing a visionary initiative to transform some of the key functionality of its core systems into components to form a new software development and on-demand delivery environment called Infinity. Infinity enables financial institutions to develop and deploy custom applications, integrating SunGard components with their own proprietary or third party components. Infinity uses SunGard's Common Services Architecture (CSA), a service-oriented architecture (SOA) development framework, offering business process management (BPM) and a virtualized, software-as-a-service (SaaS) infrastructure.
About SunGard
With annual revenue of $5 billion, SunGard is a global leader in software and processing solutions for financial services, higher education and the public sector. SunGard also helps information-dependent enterprises of all types to ensure the continuity of their business. SunGard serves more than 25,000 customers in more than 50 countries, including the world’s 25 largest financial services companies. Visit SunGard at www.sungard.com.
Trademark Information: SunGard and the SunGard logo are trademarks or registered trademarks of SunGard Data Systems Inc. or its subsidiaries in the U.S. and other countries. All other trade names are trademarks or registered trademarks of their respective holders.