American Banker and BAI Announce the 2016 Global FinTech Forward Rankings

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Industry-standard ranking takes the measure of a consequential and fast-growing industry; provides data and insight on 145 companies in 15 countries.

The companies we recognize through FinTech Forward are giving banks the tools they need to augment legacy technology, better understand data and provide customers with products tha

American Banker and BAI today released the 2016 FinTech Forward rankings, including the full list of the Top 100 technology providers; the Top 25 enterprise companies in FinTech; and the FinTech Companies To Watch, innovative companies that represent the future of financial services technology.

American Banker and BAI have collaborated on the FinTech rankings since 2004, beginning with the Top 100 FinTech providers, expanding to the Top 25 Enterprise FinTech firms, and adding the FinTech Companies to Watch category in 2015. This strategic alliance reaches the largest, most influential and most engaged community of executives and technology leaders in financial services bar none.

For the second year in a row, India’s Tata Consultancy Services (TCS) captured the No. 1 spot for the Top 100 technology providers to banking and financial services companies. In all, some 15 countries were represented in the 2016 rankings.

IBM led the 2016 Enterprise list, which recognizes major diversified technology providers to the financial services industry (but for which FinTech represents less than one-third of total revenues) is dominated by firms that specialize in areas like cloud-­based services, big data, and support of mobile offerings. A full report that incorporates all the rankings, including the Companies To Watch — high-impact start-ups and other recent market entrants bringing new approaches to FinTech — will be unveiled at BAI Beacon 2016 and is available at

American Banker Technology Editor Robert Barba said:“Financial services companies face a constant need to up their digital game. The companies we recognize through FinTech Forward are giving banks the tools they need to augment legacy technology, better understand data and provide customers with products that hold up across the digital universe.”

Debbie Bianucci, President and CEO of BAI said, “As financial services leaders look to strengthen engagement with customers and meet their ever-growing compliance challenges, the organizations represented in the FinTech Forward rankings truly provide the industry with powerful tools to drive positive change.”

As in previous years, the Top 100 and Top 25 Enterprise rankings were categorized and evaluated based on self-reported and estimated calendar year 2015 revenues attributed to financial services.

2016 FinTech Forward Top 100 Technology Providers
1. Tata Consultancy Services - Mumbai, India
2. FIS - Jacksonville, FL
3. Thomson Reuters - New York, NY
4. Fiserv - Brookfield, WI
5. Cognizant - Teaneck, NJ
6. NTT DATA - Tokyo, Japan
7. Infosys - Bangalore, India
8. NCR - Duluth, GA
9. Total System Services, Inc. (TSYS) - Columbus, GA
10. Nomura Research Institute, Ltd. - Tokyo, Japan
11. Diebold North - Canton, OH
12. Wincor Nixdorf - Paderborn, Ostwestfalen-Lippe, Germany
13. Experian - Dublin, Ireland
14. Broadridge - Lake Success, NY
15. Jack Henry & Associates - Monnet, MO
16. SAS Institute - Cary, NC
17. Ingenico Group - Paris, France
18. Equifax - Atlanta, GA
19. Glory - Tokyo, Japan
20. CoreLogic - Irvine, CA
21. DST Systems, Inc. - Kansas City, MO
22. ACI Worldwide - Naples, FL
23. SS&C - Windsor, CT
24. Genpact - New York, NY
25. D + H - Toronto, Canada
26. Black Knight Financial Services - Jacksonville, FL
27. Moody's Analytics, Inc. - New York, NY
28. Misys - London, UK
29. TransUnion - Chicago, IL
30. Syntel, Inc. - New York, NY
31. FICO (Fair Isaac Corporation) - San Jose, CA
32. Mphasis Ltd. - New York, NY
33. Temenos - Geneva, Switzerland
34. Avaloq - Freienbach, Switzerland
35. Murex - Paris, France
36. Oberthur Card Systems - Colombes,France
37. Wolters Financial Services - New York, NY
38. IPC - Jersey City, NJ
39. Harland Clarke Corp. - San Antonio, TX
40. Fidessa Group - London, UK
41. Pegasystems - USA
42. SourceHOV - Cambridge, MA
43. Envestnet - Chicago, IL
44. Luxoft Holding Inc -. Zug, Switzerland
45. GFT Group - Bonn, Germany
46. Hundsun Technologies - Shanghai, China
47. Polaris Consulting & Services - Chennai, India
48. L&T Infotech - Mumbai,India
49. Virtusa - New York, NY
50. Charles River Development - Burlington, MA
51. CRIF - Bologna, Italy
52. Eze Software Group - New York, NY
53. SimCorp - København, Denmark
54. OpenLink - New York, NY
55. NICE Actimize - New York, NY
56. Collabera - Morristown, New Jersey
57. CSI - Keasbey, NJ
58. Bottomline Technologies - Wilton, CT
59. VASCO Data Security International Oakbrook - Terrace, IL
60. Calypso - New York, NY
61. Linedata - Neuilly, France
62. Hexaware Technologies - Mumbai, India
63. Eagle Investment Systems - New York, NY
64. Bravura Solutions - Sydney, Australia
65.Simplex Inc. - Tokyo, Japan
66. Intellect Design - Mumbia, India
67. ERI Bancaire - Geneva, Switzerland
68. ARCA - Minneapolis, MN
69. Silverlake Axis Kuala - Lumpur, Malaysia
70. Q2 Holdings - Austin, TX
71. 3i Infotech - Mumbia, India
72. COCC - Southington, CT
73. GBST Holding - Sydney, Australia
74. EzeCastle Integration - New York, NY
75. CPI Card Group - Littleton, CO
76. SmartStream Technologies - London, UK
77. Aurionpro - Mumbai, India
78. TransCentra - Louisville, KY
79. Viewpointe - New York, NY
80. Celero Solutions - Calgary, Canada
81. Novantas - New York, NY
82. Cassiopae - Paris, France
83. Kasasa, LTD. - Austin, TX
84. Crealogix - Zürich, Switzerland
85. Nucleus Software - Mumbai, India
86. ARGO - New York, NY
87. Backbase - Amsterdam, The Netherlands
88. TAS S.p.A. - Rome, Italy
89. eFront - Paris, France
90. White Clarke Group - London, United Kingdom
91. microdynamics - Naperville, IL
92. Diasoft - Moscow, Russia
93. Scivantage - Jersey City, NJ
94. InfrasoftTech - Mumbai, India
95. ISGN Corporation - Palm Bay, FL
96. Bancsource - Springfield, MO
97. Lombard Risk - London, United Kingdom
98. FNC - Oxford, MS
99. Corvil Limited - Dublin, Ireland
100. Baker Hill - Carmel, IN

2016 FinTech Forward Top 25 Enterprise Companies
1. IBM - Armonk, NY
2. Microsoft - Redmond, WA
3. Dell - Round Rock, TX
4. Accenture - Dublin, Ireland
5. Cisco Systems - San Jose, CA
6. Hewlett Packard Enterprise - Palo Alto, CA
7. EMC - Hopkinton, MA
8. Lenovo - Hong Kong, China
9. Oracle - Redwood City, CA
10. Fujitsu Limited - Tokyo, Japan
11. Intel - Santa Clara, CA
12. Deloitte - New York, NY
13. Capgemini - Paris, France
14. SAP - Walldorf, Germany
15. CSC - Falls Church, VA
16. Hitachi - Tokyo, Japan
17. ATOS Origin S.A. - Bezons, France
18. Wipro Limited - Bangalore, India
19. CGI - Montreal, Quebec
20. HCL Technologies - Noida, India
21. First Data Corporation - Atlanta, GA
22. CA Technologies - New York, NY
23. Sopra Steria - Paris, France
24. Publicis.Sapient - Paris, France
25. Symantec Mountain - View, CA

2016 FinTech Forward Companies To Watch
Alkami Technology - Plano, TX
Autobooks LLC - Troy, MI
BehavioSec - Stockholm
BookingBug Inc. - Boston, MA
Built - Nashville, TN
ClickSWITCH - Eden Prairie, MN
CUneXus Solutions - Santa Rosa, CA
Currencycloud - London, United Kingdom
identitii - Sydney, New South Wales
InSpirAVE - Pittsburgh, PA
Kasisto, Inc. - New York, NY
Lenddo - Singapore, Malaysia
Malauzai - Austin, TX
Moven - New York, NY
North Side Inc - Montreal, Quebec
Personetics - New York, NY
Private Wealth Systems - Mooresville, NC
Self Lender - Austin, TX
SupiPay Inc. - San Diego, CA
Yantra Financial Technologies - Lawrence, KA

American Banker, a SourceMedia brand, is the essential resource for senior executives in banking and financial services, keeping its users updated on vital developments and focusing sharply on their most important concerns. Financial industry professionals turn to American Banker to stay maximally informed and engage with an authoritative community of analysts, practitioners and innovators through opinion content, research reports, social media, and live events. American Banker magazine is a monthly print publication, focusing on the ideas, the people, and the companies that are changing the way bankers do business. To learn more, please visit,

SourceMedia, an Observer Capital company, is a diversified business-to-business media, marketing services, research and event company serving senior professionals in the financial, technology and healthcare sectors. Brands include American Banker, The Bond Buyer, Financial Planning, On Wall Street, Mergers & Acquisitions, Accounting Today, Bank Investment Consultant, Health Data Management and Employee Benefit News.

BAI is passionate about the pursuit of trusted information, powerful tools, and actionable insights that provide financial services leaders with the clarity and confidence needed to prepare for tomorrow, while performing better today. For over 90 years, this has been our mission: empowering leaders to make smart business decisions, drive positive change, and move the industry forward. Because a strong financial services industry helps consumers, businesses, and communities thrive.

For more information, please visit

Editorial Contact:
Robert Barba
Technology Editor, American Banker

Sales Contact:
Dennis Strong
Vice President, Banking group

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