Prestigious listing highlights top 100 global providers of financial technology
SANTA CLARA, Calif., September 23, 2021--(BUSINESS WIRE)--Tavant, a Silicon Valley-based provider of industry-leading digital lending technologies, announced today that it has been named to the 2021 IDC FinTech Rankings, the most comprehensive vendor ranking within the financial services industry, for the third consecutive year in a row.
The 18th annual IDC Financial Insights FinTech Rankings recognizes companies that are among the top financial technology providers worldwide. This Fortune 500-style ranking is based on 2020 calendar year revenues of hardware, software and IT services from financial institutions. These global providers of financial technology are then categorized and evaluated by IDC to determine key players in the space. 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 over a trillion dollars by 2025.
"Being named in the IDC FinTech Rankings is a significant accomplishment, demonstrating a provider’s commitment to the success of its financial institution clients," said Marc DeCastro, Research Director at IDC Financial Insights. "The IDC FinTech Rankings, now in its 18th year, is the global standard list of fintech providers to the industry, and we congratulate the 2021 winners."
The annual IDC 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 FinTech Rankings serve as a critical tool for financial institutions and companies to use during strategic planning and to review whenever they consider new investments in third-party solutions.
Hassan Rashid, CRO, Tavant, said, "IDC Financial Insights is a recognized thought leader in our industry, and we are honored to be included in its annual fintech ranking for the third year. Our long history of commitment to innovation and providing our customers a competitive edge in an increasingly demanding market has facilitated Tavant’s tremendous growth and is a testament to our dedication. Tavant’s vision from day one has been focused on providing unparalleled solutions to meet the business goals of our customers. We have achieved this through consistently focusing on our people, the passion we bring to the partnerships and all-round excellence in everything we undertake."
Tavant and the additional vendors featured in the 2021 IDC FinTech Rankings lead the charge in guiding financial institutions toward successfully executing digital transformation initiatives in an increasingly digital economy.
For more information about the rankings, click HERE and follow on Twitter @IDC and look for #IDCFinTechRankings.
Headquartered in Santa Clara, Calif., Tavant is a digital products and solutions company that provides impactful results to its customers across North America, Europe, and Asia-Pacific. Founded in 2000, the company employs more than 2500 people and is a recognized top employer. Tavant is creating an AI-powered intelligent lending enterprise by reimagining customer experiences, driving operational efficiencies and improving collaboration.
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