Places | Rank | |||
---|---|---|---|---|
up/down | 2012 | 2011 | Why | |
FinTech 100 | ||||
Six Payment Services | 24 | 46 | 70 | SIX merged SIX Multipay, SIX Pay and SIX Card Solutions. |
Vasco Data Security | 19 | 67 | 86 | Landed several large transactions in the banking market. |
Pegasystems | 18 | 49 | 67 | Significant customer wins, including a large U.K. bank. |
Virtusa Corporation | 15 | 64 | 79 | Acquired ALaS Consulting LLC, a financial services consulting firm. |
MphasiS | -18 | 41 | 23 | Percentage of financial services revenue dropped from 42% to 36%. |
ISGN | -14 | 82 | 68 | Revenue dropped from $126 million to $90 million. |
Oberthur | -13 | 33 | 20 | Percentage of revenue from financial institutions dropped from 55% to 35%. |
Itautec S.A. | -6 | 34 | 29 | Revenue dropped from 2010 to 2011 while financial services percentage stayed the same. |
Enterprise 25 | ||||
HCL Technologies Ltd. | 4 | 20 | 24 | Company is seeing strong demand, signed several new contracts in 2011. |
Microsoft | 3 | 3 | 6 | Total revenue is up while financial services percentage stayed the same. |
Teradata | 2 | 23 | 25 | Two former Enterprise 25 companies dropped out, letting Teradata move up. |
Cisco | -2 | 7 | 5 | Cisco exited the Flip camera business, reorganized and faced strong competition. |
Deloitte & Touche Tohmatsu | -2 | 17 | 15 | Challenging market conditions. |
© American Banker/Bank Technology News/Financial Insights FinTech 100 (2012)