IDC Financial Insights has ranked Tieto 22nd in its Top 25 Enterprise FinTech Rankings for 2018 - the only Nordic company to be awarded a place. This is the second year running that Tieto, one of the leading IT service providers in Europe, has been included in the prestigious global rankings, 1 spot up from last year.
Each year IDC classifies the top technology providers to the financial services industry, by evaluating calendar year revenues from financial institutions around the world for hardware, software and services. The ranking recognizes IT providers that have enabled a genuine, measurable, and future-enabling change at a client financial institution in the worldwide financial services industry.
“Once again, this recognition reflects the value of the strategic support and seamless service we provide to our customers. It shows our commitment to meeting clients’ individual needs and delivering solutions that remain relevant in a rapidly changing market,” said Christian Segersven, Head of Financial Services at Tieto. “By leveraging our extensive portfolio of IT and Consulting services as well as our global portfolio of software within payments, credit and wealth business we have become a trusted transformation partner for financial services clients both in the Nordics and globally.”
The IDC FinTech Rankings Enterprise 25 companies are enterprise/horizontal technology firms that provide products and services across multiple industries and have significant reported revenue in the financial services industry, but less than 1/3 of revenue from financial institutions.
Winners were announced on September 24th at an invitation-only event at the Finovate Fall conference in New York.
The 2018 IDC FinTech Rankings data is analyzed by IDC Financial Insights analysts globally to create an industry standard ranking, but also to put the information in the context of industry trends that affect both financial institutions that buy technology, and the IT providers to the industry.
Tieto aims to capture the significant opportunities of the data-driven world and turn them into lifelong value for people, business and society. We aim to be customers’ first choice for business renewal by combining our software and services capabilities with a strong drive for co-innovation and ecosystems.