Jack Henry & Associates once again named among top global providers in the 2017 IDC Financial Insights FinTech 100 rankings
Company ranked #14 on list of largest 100 financial industry solution providers in the world
MONETT, MO (September 12, 2017) — Jack Henry & Associates, Inc. (NASDAQ:JKHY) is a leading provider of technology solutions and payment processing services primarily for the financial services industry. The company today announced that it has ranked number 14 on the 2017 IDC FinTech 100 Rankings by IDC Financial Insights, the most comprehensive vendor ranking in the financial services industry. This marks the ninth consecutive year that the company has been named to the list among the top 100 financial technology providers worldwide.
Jack Henry & Associates has been ranked among these top global providers since 2009, maintaining its 14th position for the last three years. The company ranked number 15 in 2014, and held steady at number 18 for the five years prior.
Now in its 14th year, the IDC FinTech 100 Rankings categorize the top global providers of financial technology based on calendar year revenues from financial institutions for hardware, software, and 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.
“A position on the IDC FinTech Rankings is a significant achievement, demonstrating a fintech company’s commitment to the success of their financial institution clients,” states Karen Massey, senior analyst at IDC Financial Insights. “The IDC FinTech Rankings, now in its 14th year, is the global industry standard who’s who of financial services technology providers, and we congratulate the 2017 winners.”
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 third-party solutions.
David Foss, president and CEO of Jack Henry & Associates, stated, “We are honored to consistently be regarded as a top IT provider in the financial services market. This recognition is indicative of the commitment and importance we place on supporting our financial institution customers with innovative, comprehensive financial technology solutions for their needs now and well into the future.”
About Jack Henry & Associates Inc
Jack HenryTM (Nasdaq: JKHY) is a well-rounded financial technology company that strengthens connections between financial institutions and the people and businesses they serve. We are a S&P 500 company that prioritizes openness, collaboration, and user centricity – offering banks and credit unions a vibrant ecosystem of internally developed modern capabilities as well as the ability to integrate with leading fintechs. For more than 47 years, Jack Henry has provided technology solutions to enable clients to innovate faster, strategically differentiate, and successfully compete while serving the evolving needs of their accountholders. We empower approximately 7,500 clients with people-inspired innovation, personal service, and insight-driven solutions that help reduce the barriers to financial health. Additional information is available at www.jackhenry.com.
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@example.com , or call 508-620-5533. Visit the IDC Financial Insights Community at http://idc-community.com/financial