< Back to News
September 13, 2021 | 0 min read
Annual ranking highlights top 100 global providers of financial technology
LEHI, Utah, September 13, 2021 – MX, the financial data platform and leader in modern connectivity, announced today that it appeared on the 2021 IDC FinTech Rankings. The 18th annual vendor ranking represents the leading hardware, software and service providers to the financial services industry from around the world. Vendors are ranked based on 2020 calendar year revenues attributed to financial institutions. This is the second consecutive year MX has appeared on the prestigious list. To view the list in its entirety, click here.
The Fortune 500-style ranking categorizes and evaluates the top global providers of financial technology based on calendar year revenues from financial institutions for hardware, software and/or services. These providers supply the technological backbone of the financial services industry, an industry in which IDC Financial Insights forecasts worldwide spending on IT across the globe to be $590 billion (USD) by 2025.
To thrive in a digital economy, financial services organizations must embrace innovative and integrate cutting edge technology effectively to enhance the customer experience and achieve operational excellence.
MX and the other vendors featured on the IDC FinTech Rankings, represent those providers committed to helping financial institutions successfully execute their digital transformation initiatives for the betterment of their customers around the world. IDC Financial Insights publishes a comprehensive report about the year's findings that is available to view or download here.
For more information about the rankings, follow on Twitter @IDC and look for #IDCFinTechRankings.
MX, the financial data platform and leader in modern connectivity, helps organizations everywhere connect to the world’s financial data and turn raw, unstructured data into their most valuable asset to deliver intelligent and personalized money experiences. MX connects more than 16,000 financial institutions and fintechs providing the industry’s most reliable and secure data connectivity network. Additionally, MX powers 85% of digital banking providers, as well as thousands of banks, credit unions, and fintechs, with a combined reach of over 200 million consumers. To learn more, follow us on Twitter @MX or visit www.mx.com.