Infosys climbs higher on FinTech 100 list

Infosys climbs higher on FinTech 100 list

Bangalore: Infosys Technologies Ltd on 28 November announced that for the fourth consecutive year it has been named to the FinTech 100, an international annual listing of the top 100 global application and service providers that derive more than one third of their revenue from the financial services industry.

Infosys ranked 14 on the annual list by American Banker and Financial Insights, up from 18th position in 2006, the Bangalore-headquartered company said in a statement.

Said Ashok Vemuri, senior vice president and head of Infosys Banking and Capital Markets Group: “Our higher ranking this year is attributed to our concerted client-focused efforts to offer customised, process-driven solutions that enable financial institutions to maximize their revenues while ensuring compliance with increasingly demanding corporate and regulatory standards".

Each fall, SourceMedia’s American Banker and research firm Financial Insights, an IDC company, publish this ranking, based on data gathered from vendor surveys and research and market analysis conducted by Financial Insights.