20 Most Promising Financial Services Technology Solution Providers - 2016
Financial institutions are adopting innovative new technologies to increase their efficiency and deliver better customer satisfaction. These advancements are helping firms upend workflows and processes in an industry where there is no shortfall of concerns—from technology and reputation management to the talent wars and cyberthreats that capture the attention of financial services leaders. Tasks that were once handled with paper, requiring human interactions, are now being digitized. To grease the wheel, fintech companies are vigorously entering the mainstream to deliver highly focused financial services applications, often more effectively and less expensively than traditional companies.
Fintech companies are developing next-generation robo-advisors that better define savings solutions on the basis of goals and risk appetite, while being product neutral. These companies are also devising new methods for capturing and sifting data to detect fraud and monitor trading activity. Partnering with such providers to quickly implement their solutions as part of a coherent integrated product will enable financial services firms to effectively tackle the challenges. This involves assessing third-party technology providers and choosing software applications that best fit a financial institution’s business requirements, with the firm’s core services and brand metrics serving as primary guidelines for determining the technologies to embrace.
To simplify a CFO's task and help understand the latest technologies in the sector, CIOReview presents 20 Most Promising Financial Services Technology Solution Providers 2016.
A distinguished panel comprising CEOs, CIOs, VCs, and analysts along with the CIOReview editorial board has selected the leading financial services solution providers. The companies featured here demonstrate an ability to develop innovative technologies combined with outstanding customer service.