Jack Henry & Associates Recognized Among Top Global Providers in the 2019 IDC FinTech Rankings for Eleventh Consecutive Year
September 25, 2019
Jack Henry & Associates, Inc.® (NASDAQ:JKHY) is a leading provider of technology solutions and payment processing services primarily for the financial services industry. Today the company announced that it has ranked No. 15 on IDC Financial Insights’ 2019 IDC FinTech Rankings, the most comprehensive vendor ranking in the financial services industry. This is the eleventh consecutive year that Jack Henry has been recognized among the leading 100 financial technology providers across the globe.
The annual IDC FinTech 100 Rankings categorizes and evaluates 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 to exceed $540 billion by 2022.
“Being named in the IDC FinTech Rankings is a significant accomplishment, demonstrating a provider’s commitment to the success of its financial institution clients,” states Marc DeCastro, Research Director at IDC Financial Insights. “The IDC FinTech Rankings, now in its 16th year, is the global standard list of fintech providers to the industry, and we congratulate the 2019 winners.”
Financial service organizations are challenged to compete in an increasingly digital ecosystem. Jack Henry delivers the modern technology solutions that enable financial institutions to successfully complete digital transformations, enhancing efficiencies and providing the flexibility and choice that today’s consumers expect. The IDC Financial Insights FinTech Rankings serve as a valuable tool for financial services institutions to leverage when considering new strategic investments in third-party technology.
David Foss, President and CEO of Jack Henry & Associates, added, “We remain committed to partnering with community and regional institutions to provide the advanced digital tools and open frameworks necessary to gather deposits and grow, while still enabling the personal service that has differentiated these institutions for decades. Our ongoing inclusion on the IDC Financial Insights FinTech Rankings reflects this dedication, and we are honored to once again be recognized as a top technology provider in the financial services space.”
To view the complete list of 2019 IDC FinTech Rankings, click here
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
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About Jack Henry & Associates, Inc.
Jack Henry & Associates, Inc.® (NASDAQ: JKHY) is a leading provider of technology solutions and payment processing services primarily for the financial services industry. The S&P 500 company’s solutions serve more than 9,000 customers nationwide and are marketed and supported through three primary brands. Jack Henry Banking®
supports banks ranging from community banks to multi-billion-dollar institutions with information processing solutions. Symitar®
is a leading provider of information processing solutions for credit unions of all sizes. ProfitStars®
provides highly specialized products and services that enable financial institutions of every asset size and charter, and diverse corporate entities to mitigate and control risks, optimize revenue and growth opportunities, and contain costs. Additional information is available at www.jackhenry.com