Top 20 Financial Services Technology Companies - 2017
It has been long since technology has had its impact upon the financial services landscape and the market today witnesses a plethora of innovative service providers pertaining to various verticals within the realm. Although this has opened door to bigger rooms for improvement, decision makers within the enterprise should be able to identify offerings that aligns best to their company’s interests from among the myriad of options on the table.
The role of financial services becomes more pronounced when enterprises cater to customers spread across the globe. In the connected world of today, it is not just behemoth enterprises that boast clientele across continents as it is no alien aspect for startups to have target markets overseas as well. On the other hand, financial risk factors associated with a global presence (or otherwise) are equally high and it is upon FinTech to address concomitant challenges such as fraud prevention, scalability and information security to name a few. With the digital foot prints of monetary transactions becoming increasingly important from an analytics stand point, it becomes equally challenging to protect its integrity.
Now, given the value proposition of the financial market, it is inevitable that the market will be flooded with solution providers. For this edition of CIOReview, a distinguished panel comprising of CEOs, CIOs, analysts and our Editorial Board has reviewed companies with a proven record of expertise in assisting the FinTech sector. In our selection we looked at companies’ ability to identify client requirements, develop strategic approach and provide support and customization through their offerings. We present to you CIOReview’s 20 Most Promising Financial Services Technology Solution Providers – 2017.
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Provides lending and risk management solutions for financial institutions
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Offers a full suite of tools to simplify payment processing, mitigate risk, and ensure compliance
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Offers an end-to-end Account-Based Marketing platform, coupled with AI capability
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Enables firms to control complex data using light-touch, self-service technology
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Serves the financial services industry through a fully compliant and secure platform that streamlines loan processes
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Provides intuitive identity verification technology to improve business bottom line and customer experience
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Provides an Innovative Management System that supports crowdsourcing and expert evaluation of innovative ideas
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Offers a comprehensive spend management platform so that companies can track spending and usage levels of subscription services
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Blackline
A provider of Enhanced Financial Controls and Automation (EFCA) software to streamline financial close operations
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Broadridge
Offers investor communications and technology-driven solutions for wealth management, asset management and capital markets firm
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Capco
Combines innovative thinking with industry knowledge to deliver business consulting, digital, technology and transformational services
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DST Systems
Provider of strategic advisory, transformative technologies, and operations outsourcing to the financial and healthcare industries
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FIS
A provider of financial services technology, with a focus on retail and institutional banking, payments, asset and wealth management, risk & compliance, consulting and outsourcing solutions
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MISYS
Provides the broadest, deepest portfolio of financial services software in the market
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Pendo Systems
Offers financial technology company providing global financial institutions with the tools and technology and processes to access their data and become fully data transparent
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Scivantage
Global FinTech 100 technology provider of Wealth Management and Cost Basis solutions
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SmartStream Technologies
Offering Transaction Lifecycle Management (TLM®) solutions and Managed Services to transform the middle and back-office operations of financial institutions
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Temenos
Software provider, partnering with banks and other financial institutions to transform their businesses and stay ahead of a changing marketplace
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Wolters Kluwer
Global information services and solutions company providing information, software and services that help legal, tax, finance, and healthcare professionals
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Workiva
Offers Wdesk, a cloud-based productivity platform for enterprises to collect, link, report and analyze business data with control and accountability