Simplex named to the 2016 IDC Financial Insights FinTech Rankings
Tokyo, Sep. 13, 2016 - Simplex Inc., announced they have ranked #72 on the 2016 IDC Financial Insights FinTech Rankings. The most comprehensive vendor ranking within the financial services industry, the annual IDC FI FinTech Rankings is based on 2015 calendar year revenues attributed to financial institutions.
Now in its 13th year, the IDC Financial Insights FinTech Rankings categorize and evaluate the top global providers of financial technology based on calendar year revenues from financial institutions for hardware, software and/or 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.
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 3rd party solutions. IDC Financial Insights publishes a comprehensive report about the year's findings that is available to view or download HERE.
Simplex has been providing multi asset based solutions to major firms leveraging the latest proprietary architecture. In Japan, 8 out of 10 major securities companies uses Simplex products.
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 IDC, the world's leading technology, media, research, and events company.
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