Diasoft is ranked one of the Top 100 Global Providers of Financial Technology

Thursday, January 26, 2017

Diasoft, a leading provider of cutting-edge software solutions for financial institutions, announced its company’s ranking in the IDC Financial Insights 2016 FinTech Rankings, an annual international listing of the top vertical technology vendors that derive more than one third of their revenue from this industry as named by IDC Financial Insights.

IDC Financial Insights 2016 FinTech Rankings Top 100 – is the ranking of the top 100 global application/service providers in the financial services market. Financial services includes the banking, capital markets and insurance industries.

The ranking of the top vendors is categorized and evaluated based on calendar year-end revenues and the percentage of revenues exclusively attributed to financial services. Data is gathered from surveys completed by vendors, as well as original research and market analysis conducted by IDC Financial Insights. The FinTech Rankings represents companies that derive at least 33 percent of their revenue from the financial services industry.

The prestigious recognition by IDC Financial Insights reflects Diasoft`s growth from innovative solutions and attests its stability and importance to the industry.

“We are proud to be listed among top 100 world`s leading financial industry players”, said Alexander Glazkov, CEO, Diasoft. “The year 2016 was a year of significant changes, new wins and achievements for Diasoft, and IDC Financial Insights’ 2016 FinTech Rankings prove company`s leadership in the global financial market. We will do our best in order to keep supplying our customers with our best-of-breed innovative solutions ensuring their future business growth and development”.

It is important to mention that in 2015 Diasoft FLEXTERA was positioned as a leader in IDC Global Core Banking MarketScape. Additionally Diasoft was recognized by IDC Financial Insights FinTech Real Results Awards 2015 for the Digital Transformation Project of the Year with its customer Rosenergobank. This nomination once again proved the exceptional business and technological value that FLEXTERA brings to our global customers. The company has also strengthened its position within global markets through delivery of several projects in the Asian Pacific region. Diasoft has signed an agreement with one of the leading commercial banks in Vietnam, TPBank, for implementation of its modern FLEXTERA Loan Origination and FLEXTERA Debt Collection systems.

With a strong commitment and continuous investment into further development of its products and a well-through international strategy, Diasoft successfully improves its financial and business viability, extends its global presence and remains a dynamic leader in a very competitive environment. 

For more information about the rankings, visit http://www.idc.com/download/finalrankings2016.pdf

About Diasoft: Since 1991 Diasoft has been providing cutting-edge financial software solutions supporting all aspects of retail, wholesale and universal banking, financial market services, and insurance business. The company’s main offering to the financial market is FLEXTERA — a SOA-based universal system comprising a comprehensive suite of modules for front-to-back automation of modern financial services.

The FLEXTERA’s functional scope covers the following areas of financial business:

  • Back Office and Core Banking operations including daily banking transactions processing; product and service management; BI, accounting and reporting;
  • Multichannel Front Office operations and client management;
  • Middle Office risk management and decision making.

The modern technological principles lying at the core of all FLEXTERA solutions in combination with their broadest functionality provide our customers with limitless opportunities for their business development in accord with market trends and clients’ requirements.

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 info@idc-fi.com, or call 508-620-5533. Visit the IDC Financial Insights Community at http://idc-community.com/financial.