Biggest Movers in the FinTech Rankings
October 12, 2011, 8:00 a.m. EDT 1 Min Read
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Biggest Movers in the FinTech Rankings
Biggest Movers Published October 12, 2011 | |||||||
|---|---|---|---|---|---|---|---|
| Places climbed/ declined | Rank | Why | |||||
| 2011 | 2010 | ||||||
| FinTech 100 | |||||||
| Davis + Henderson | +23 | 41 | 64 | Acquired a business processing outsourcing firm called Resolve in mid-2009 | |||
| Luxoft | +18 | 80 | 98 | Opened new development centers in the U.K. and Poland in 2010 | |||
| Online Resources | +14 | 62 | 76 | Grew its community bank user base | |||
| Nice Actimize | +12 | 71 | 83 | Saw strong demand for its anti-fraud and anti-money-laundering software | |||
| BancTec | -9 | 59 | 50 | Decrease in overall year-over-year revenue | |||
| CPM Braxis | -11 | 39 | 28 | Financial services revenue fell from 68% in 2009 to 52% in 2010 | |||
| Ingenico | -15 | 36 | 21 | Financial services revenue dropped from 72% to 28% | |||
| Six Card Solutions | -17 | 70 | 53 | Decreased income from financial investments and a significantly weakened Euro | |||
| Enterprise 25 | |||||||
| Deloitte & Touche Tohmatsu | +8 | 15 | 23 | Financial services revenue rose from 4% to 7% | |||
| Oracle | +4 | 8 | 12 | The software giant grew its operating income 36% | |||
| Wipro Technologies | +4 | 16 | 20 | 21% growth in its IT services business in 2010 and the first quarter of 2011 | |||
| Reed Elsevier | -5 | 21 | 16 | Income from financial services dropped from 17% to 10% | |||
| Unisys | -5 | 23 | 18 | Overall income decreased and drop in revenue from financial services | |||