Devexperts Named for Second Time in IDC FinTech Rankings

London, September 10, 2024 – Devexperts has been named in the IDC FinTech Rankings Top 100 for the second consecutive year. The list, which is released annually, features the leading global technology companies serving the financial services and fintech industries.

Published by International Data Corporation (IDC), a global provider of market intelligence, advisory services, and events for the information technology, telecommunications, and consumer technology markets, the IDC FinTech Rankings each year evaluate and categorize the top IT vendors worldwide.

This year’s rankings are based on 2023 calendar year revenues, as well as the percentage of these revenues attributable to financial institutions, including banks, capital markets firms, and insurers or directly to fintech solution providers for hardware, software, and / or services. The data is gathered from surveys completed by vendors, as well as original research and market analysis conducted by IDC Financial Insights.

The aim of the rankings is to provide a comprehensive list of the top technology solution providers to the financial services and fintech industries globally. According to IDC, these are the providers that form the technological backbone of the financial services industry, an industry in which the organization forecasts spending on IT to be over $800 billion (USD) by 2026.

Founded in 2002, Devexperts delivers technology services for the capital markets sector, providing trading products off-the-shelf, partly, or fully customizable, and addressing the needs of startup players to established institutions. Devexperts’ expertise includes multi-asset platforms for trading equities, options, foreign exchange, commodities, and cryptocurrencies, as well as decision support information, real-time market date, order management, matching engines, and exchange solutions. In addition, Devexperts offers fintech consulting and advisory services.

2024 marks the second time Devexperts has been included in the IDC FinTech Rankings, after having been named on the list for the first time in 2023.

IDC has been producing the IDC FinTech Rankings for over twenty years and have expanded the program to include the top 150 solutions providers to ensure we get the most accurate representation of the largest FinTech’s in the world. The technology companies on this list provide the innovation necessary to keep the financial services at the forefront of providing modern digital experiences across all aspects of a customer’s financial journey.
— Marc DeCastro, Research Director at IDC

Whether we are talking about established institutions needing to update their legacy systems to remain competitive, or start-up brokerages looking to enter the market with the technology needed to help them succeed, Devexperts is committed to working in trust-based, long-term partnerships with our clients, providing off-the-shelf and tailored solutions that meet our clients’ needs. Moreover, we’re well positioned to provide strategically-helpful, tailored advisory services that meet the unique requirements of each of our clients. It is great to be recognized as a global leader in financial technology services by IDC, for the second time, in this way.
— Ben Hurley, CEO of Devexperts