Asseco among the world's top fintechs according to IDC
Asseco was ranked 17th in the "IDC FinTech Rankings: Top 100" list prepared by the international consulting and research firm International Data Corporation (IDC). The ranking includes the largest technology providers to the financial sector.
Asseco is the largest software producer in Central and Eastern Europe, with proprietary products and services accounting for nearly 80 percent of its revenues. The Asseco Group offers, among other things, state-of-the-art systems for banking, including core systems, omni-channel solutions for online and mobile banking, as well as specialized, off-the-shelf products that only need to be tailored to the specifics of the client's business. Its portfolio also includes solutions available in the cloud such as Asseco BooX, a comprehensive platform for banking and financial services and processes. It also provides clients in the banking and insurance sectors with solutions for data warehousing, AML process support and electronic document workflow platforms. The Asseco Group's sales to the financial sector in 2021 exceeded PLN 5 billion, accounting for 35 percent of its total revenues.
The Asseco Group also cooperates with large international insurance companies. Sapiens International, the Group's competence center in this area, is a leading global provider of software for the insurance sector worldwide. In addition, Asseco offers comprehensive IT solutions to support the payments sector, the work of brokerage houses, leasing and factoring companies.
From the very beginning of our activity, the financial sector and especially the banking sector have been very important to us. We started with solutions for banks and continue to create modern and technologically advanced solutions for this industry. Our strong performance in the banking and finance sector, to a large extent, is thanks to our long-standing cooperation with the existing customers of Asseco Poland, Asseco Central Europe or Asseco South Eastern Europe, as well as to our growing base of new customers worldwide, under the development of Sapiens International, Matrix IT, Magic Software or Asseco PST," said Adam Góral, President and Founder of the Asseco Group. Our strengths are our proprietary products and very strong expertise in the finance and banking sectors. We are not only a provider of state-of-the-art IT solutions, but first and foremost a proven partner that constantly cares about the development of systems that allow banks and financial institutions to build competitive advantage and value for their clients, he added.
The report "IDC FinTech Rankings: Top 100" includes providers of technology solutions (hardware, software and services) for the banking, insurance, capital markets and fintechs supporting these sectors. The main criterion for the list was the amount of revenue achieved in these areas.