Paris | September 12, 2017 – eFront, the leading financial software and solutions provider for managing alternative investments, today announced it has ranked 74th in the 2017 edition of IDC’s FinTech Rankings, thus gaining 18 positions from last year. The most comprehensive vendor ranking within the financial services industry, the annual IDC FinTech Rankings is based on 2016 calendar year revenues attributed to financial institutions. It features the top 100 providers of financial technology globally.
“We at eFront are very proud to be a part of the top 100 technology solutions providers to financial institutions worldwide” said Thibaut de Laval, eFront’s Chief Strategy & Marketing Officer. “Our progression reflects the trust a growing number of clients put into us, and we thank them for that. It is also a consequence of the numerous product innovations we have launched in past years, and of our growing footprint in the Alternative Investment space globally”.
eFront is the only solutions provider solely dedicated to Alternative Investments to appear in the ranking, confirming its leadership position in software for Alternative Investment professionals.
The annual IDC 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 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.
For more information about the rankings, visit HERE.