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GFT Technologies SE — Earnings Release 2008
Dec 17, 2008
182_rns_2008-12-17_a1dab748-0a78-4cf3-86d3-72316b7a3a65.html
Earnings Release
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Corporate | 17 December 2008 11:29
GFT Enters Top 50 in FinTech Ranking
GFT Technologies AG / Miscellaneous
Release of a Corporate News, transmitted by DGAP - a company of EquityStory
AG.
The issuer / publisher is solely responsible for the content of this announcement.
Stuttgart, 17.12. 2008 – GFT Technologies AG, a leading international IT
service provider, has this year entered the FinTech top 50, improving its
ranking by 16 places to 41st in the top 100 global IT service providers in
the financial services sector. This prestigious recognition reflects the
success of the company’s sector focus and ability to deliver innovative
technology solutions to its clients, despite difficult economic
circumstances.
GFT has been recognised as one of the top 50 global IT service providers of
financial technology by American Banker and the research firm Financial
Insights in the FinTech 100, an annual international ranking of the major
technology suppliers to the financial sector. According to Financial
Insights, GFT is now worthy of the 41st position amongst global IT service
providers in the financial services sector.
'Improving our ranking by 16 places and entering the top 50 for the first
time demonstrates the company’s stability and importance to the industry',
commented Marika Lulay, GFT’s Chief Operating Officer. She continued, 'in
spite of the challenging economic times, we have concentrated our efforts
on our key industries, combined with appropriate positioning and
intelligent management of our global resources. Thus we are able to
continue to implement our global delivery model, where our experience and
business knowledge provide outstanding performance. We are a business that
our clients can rely on in these difficult circumstances; big enough to
deliver and small enough to care'.
The ranking is categorised and assessed based on the annual invoicing
announced by the companies, as well as the percentage of invoicing
attributed to financial services. Overall invoicing was a key factor in the
assessment, attesting to the stability of the companies and their
importance to the industry. In addition, all the categories included in
this list assess the companies’ performance in relation to applications
specific to banking operations, such as core banking, branches, ATMs,
credit cards, credit transactions, online banking, billing, cash
management, treasury, and funds transfers.
Andrea Wlcek
Head of Corporate Communications and Investor Relations
GFT Technologies AG, Filderhauptstraße 142, 70599 Stuttgart
T +49 711 62042-440
F +49 711 62042-301
[email protected]
www.gft.com
17.12.2008 Financial News transmitted by DGAP
Language: English
Issuer: GFT Technologies AG
Filderhauptstr. 142
70599 Stuttgart
Deutschland
Phone: +49 (0)711/62042-0
Fax: +49 (0)711/62042-101
E-mail: [email protected]
Internet: www.gft.com
ISIN: DE0005800601
WKN: 580060
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Stuttgart, München, Hamburg, Düsseldorf
End of News DGAP News-Service