TAS Group earns again its place in the 2021 IDC FinTech Rankings
Milan, September 14, 2021 – TAS Group, (Italian Stock Exchange: TAS), a global provider of innovative solutions in card management, digital payments, financial messaging and capital markets, has announced that it has been ranked among the Top 100 in the 2021 IDC FinTech Rankings for the 13th consecutive year. This 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.
“Being named in the IDC FinTech Rankings is a significant accomplishment, demonstrating a provider’s commitment to the success of its financial institution clients,” states Marc DeCastro, Research Director at IDC Financial Insights. “The IDC Fintech Rankings, now in its 18th year, is the global standard list of fintech providers to the industry, and we congratulate the 2021 winners.”
Executive Chairman of TAS Group, Dario Pardi, remarked, "We are proud to be firmly positioned, year after year, between the top financial technology providers in this prestigious ranking. 2020 was a year marked by extraordinary events and consequently particularly demanding and challenging. Nevertheless, we closed it with significant growth in revenue and margins, thanks to our continuous commitment to investing in human capital and offering renewal. This enables us to successfully bring competitive and technologically advanced solutions to the Financial Industry."
The Financial Services ecosystem, an industry in which IDC Financial Insights forecasts worldwide spending on IT across the globe to reach $590 billion (USD) by 2025, is changing at an unprecedented pace. Well-funded new market entrants, as well as big tech companies, have raised the bar for all providers. TAS Group’s efforts are heavily focused towards accelerating challengers’ next-gen financial experiences implementations, while supporting incumbent customers in meeting disruption with modernization and staying agile and responsive through TAS’s outstanding technology and expertise.
At Eurosystem level, TAS keeps strengthening its key role in supporting Europe’s financial community meeting the deadlines of the T2/T2S Consolidation in 2022 and the wider upcoming challenges, such as the migration towards ISO20022 and the new centralized ECMS infrastructure planned to go live in 2023.
In the Issuing and Acquiring domain, TAS continues to lead the way towards the seamless convergence between cards and alternative payments through its cloud-native, Open API-based platform PayStorm, adopted by a growing FinTech customer base throughout Europe and the Americas.
Among TAS’s strengths is the flexibility to adapt to the needs of customers and partners, guaranteed by its solutions and delivery models that promptly evolve with new regulations, market trends and technologies.
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