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Syntel Jumps Six Points In FinTech 100
Published on Nov 16, 2009

Syntel has been named to the FinTech 100, an annual ranking of the top global technology providers servicing the financial services industry, as named by American Banker, Bank Technology News and IDC Financial Insights.

Syntel climbed six spots to 34th on the list, which was chosen from a pool of technology providers that derive more than one-third of their revenue from the financial services industry. In all, 74% of Syntel`s 2008 revenues were attributable to financial services, including both information technology and KPO solutions.

"Syntel`s financial services revenue grew by 38% in 2008, which is substantially higher than our overall growth rate of 22%," says Keshav Murugesh, CEO, Syntel. "This acceleration is due to Syntel`s investments in value added services for financial services firms, including our robust risk and compliance offering, as well as custom KPO and domain specific services for retail and commercial banking, cards and payments, capital markets and insurance." *


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Vendor name: Syntel
Product type: BPM / Outsourcing | Outsourcing, IT Infrastructure | Service Oriented Architecture (SOA)

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