PADUCAH, Ky., Oct. 30, 2019 – In its annual ranking of the 100 largest global financial technology providers, IDC Financial Insights named Computer Services, Inc. (CSI) (OTCQX:CSVI), a provider of end-to-end financial technology solutions, to its 2019 IDC FinTech Rankings for the eighth consecutive year.
The industry ranking evaluates the top global providers of fintech based on calendar year revenues earned from financial institutions for hardware, software or services. These providers supply the technological backbone of the financial services industry—one in which IDC Financial Insights forecasts worldwide IT spending will exceed $540 billion (USD) by 2022.
Rising four spots in this year’s rankings, CSI appears 58th on the list of financial technology companies that were evaluated based on their global revenues, demonstrating the company’s role as a leading technology provider for U.S. financial institutions. During its past fiscal year, CSI focused on providing financial institutions and their customers an enhanced, seamless experience through its suite of core bank processing, digital banking, payment services, managed services and CRM offerings.
“Being recognized as a top technology provider further demonstrates our dedication to delivering high-quality, competitive offerings to our customers,” said Steve Powless, chairman and CEO for CSI. “Our status as one of the top 100 companies on the IDC FinTech Rankings for the eighth consecutive year speaks to CSI’s commitment to offering world-class technology that creates a seamless experience for banking customers.”
The company’s annual presence on IDC Financial Insights’ IDC FinTech Rankings, which have become a significant measure of the health and direction of technology in the industry, also proves CSI’s dedication to the financial services sector. The rankings serve as a critical tool for financial institutions to use during strategic planning and when considering new investments in third-party solutions.
“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.”
IDC Financial Insights published a comprehensive report about the year’s findings that is available to view or download: https://www.idc.com/prodserv/insights/#financial-fintech_rankings
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.
About Computer Services, Inc.
Computer Services, Inc. (CSI) delivers core processing, managed services, mobile and Internet solutions, payments processing, print and electronic distribution, treasury management and regulatory compliance solutions to financial institutions and corporate customers across the nation. Exceptional service, dynamic solutions and superior results are the foundation of CSI’s reputation and have resulted in the company’s inclusion in such top industry-wide rankings as the FinTech 100, American Banker’s Best Fintechs to Work For and MSPmentor Top 501 Global Managed Service Providers List. CSI’s stock is traded on OTCQX under the symbol CSVI. For more information about CSI, visit www.csiweb.com.