Enfusion Listed on Prestigious 2023 IDC FinTech Ranking
September 14, 2023
NEW YORK / LONDON / HONG KONG -- Today, Enfusion ("Enfusion") (NYSE: ENFN), a leading provider of cloud-native SaaS solutions for investment managers, announced that it has been ranked among the IDC FinTech Top 100 companies for the third year in a row, as well as receiving the IDC Fast Track FinTech recognition, which highlights companies previously included in IDC FinTech Rankings that have noticeably grown year over year. The 20th annual vendor rankings represent the leading hardware, software, and service providers to the global financial services industry. Rankings are based on the 2022 calendar year revenues attributed in the financial services and FinTech industries.
“We are honored to hold a spot on the IDC FinTech Rankings for the third consecutive year, and to be listed among the leading global software and service providers within the financial services industry,” said Oleg Movchan, Enfusion Chief Executive Officer. “In an incredibly competitive landscape like ours, this consistent recognition is a testament to our relentless innovation, commitment to providing a superior client experience, and a direct reflection of the quality and dedication of our global team.”
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 forecasts worldwide spending on IT across the globe to be over $800 billion (USD) by 2026.
To thrive in a digital economy, financial services organizations must embrace innovation and integrate technology effectively to enhance the customer experience and achieve operational excellence. As evidenced by its inclusion on the IDC FinTech rankings, Enfusion remains dedicated to helping financial institutions successfully execute their digital transformation initiatives for the betterment of their customers around the world.
Enfusion is a full front-to-back-office cloud native multi-asset class and multi-strategy platform that supports the investment management workflows across various points of the trade lifecycle. The company offers differentiated approach and capabilities across portfolio management, real-time accounting, trade execution, data management and managed services.
For more information about the rankings and to view the list in its entirety, visit http://www.idc-fi.com.
About IDC Financial Insights
IDC Financial Insights assists financial service businesses and IT leaders, as well as the suppliers who serve them, in making more effective technology decisions by providing accurate, timely, and insightful fact-based research and consulting services. Staffed by senior analysts with decades of industry experience, our global research analyzes and advises on business and technology issues facing the banking, insurance, and securities and investments industries. International Data Corporation (IDC) is the premier global provider of market intelligence, advisory services, and events for the information technology market. IDC is a subsidiary of IDG, the world's leading tech media, data, and marketing services company. For more information, please visit www.idc.com/financial, email firstname.lastname@example.org, or call 508-620-5533.
Enfusion's investment management software-as-a-service (SaaS) platform removes traditional information boundaries, uniting front-, middle- and back-office teams on one cloud-native system. Through its software, analytics, and middle/back-office managed services, Enfusion creates enterprise-wide cultures of real-time, data-driven intelligence, boosting agility, and powering growth. Enfusion partners with over 800 investment managers from 10 global offices spanning four continents.
Source: Enfusion, Inc.
Source Code: ENFN-IR
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