Analytic software firm FICO today announced it has ranked #25 for the fifth straight year on the 2016 IDC Financial Insights FinTech Rankings. The most comprehensive vendor ranking within the financial services industry, the annual IDC Financial Insights FinTech Rankings is based on 2015 calendar year revenues attributed to financial institutions.
“This is our 60th year of providing superior analytics and decision management solutions to financial services and other industries,” said Stuart Wells, chief product and technology officer at FICO. “From credit scoring to collections to cybersecurity, we have brought new analytic innovations to market that help credit grantors big and small take customer-focused decisions to new levels.”
“IDC Financial Insights congratulates FICO on their continued achievement of placing among the largest and most successful fintech providers globally on the IDC Financial Insights FinTech Rankings for 13 years running,” states Karen Massey, senior analyst, IDC Financial Insights. “This accomplishment signifies FICO’s dedication as a solution provider to the worldwide financial services industry.”
Now in its 13th year, the IDC Financial Insights FinTech Rankings categorize and evaluate the top global providers of financial technology based on calendar year revenues from financial institutions for hardware, software and/or services. These providers supply the technological backbone of the financial services industry, an industry in which IDC Financial Insights forecasts worldwide spending on IT across the globe to reach half a trillion dollars by 2018.
The annual IDC Financial Insights FinTech Rankings has become an important measure of the health and direction of technology in the industry and the emergence of innovative solutions from new players. In addition, the IDC Financial Insights FinTech Rankings serve as a critical tool for financial services institutions to use during strategic planning and to review whenever they consider new investments in 3rd party solutions. IDC Financial Insights publishes a comprehensive report about the year’s findings that is available to view or download HERE.
For more information about the rankings, visit here and follow on Twitter @IDC and look for #FinTechRankings.
About IDC Financial Insights
IDC Financial Insights assists financial service businesses and IT leaders, as well as the suppliers who serve them, in making more effective technology decisions by providing accurate, timely, and insightful fact-based research and consulting services. Staffed by senior analysts with decades of industry experience, our global research analyzes and advises on business and technology issues facing the banking, insurance, and securities and investments industries. International Data Corporation (IDC) is the premier global provider of market intelligence, advisory services, and events for the information technology market. IDC is a subsidiary of IDG, the world’s leading technology, media, research, and events company. For more information, please visit www.idc.com/financial, email [email protected], or call 508-620-5533. Visit the IDC Financial Insights Community at http://idc-community.com/financial.
Source: FICO Press Release