Hexaware Technologies Named in Prestigious IDC FinTech Rankings by IDC

September 20, 2022


The annual ranking highlights the top 100 global providers of financial technology

Hexaware Technologies announced they have ranked #42 on the 2022 IDC FinTech Rankings. The 19th 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 the 2021 calendar year revenues attributed to financial services and FinTech industries. This year too, Hexaware has appeared on the prestigious list and has been recognized as a Fast Track FinTech company for its growth. To view the list in its entirety, please visit http://www.idc-fi.com.

Marc DeCastro, Research Director at IDC Financial Insights, said, “IDC is honored to recognize the technology providers that appear on the 19th annual IDC FinTech Rankings. These are the companies that have shown commitment to the financial services industry and their appearance on the list is a testament to that dedication.”

Celebrating the recognition, Ravi Vaidyanathan, President & Global Head – Financial Services at Hexaware Technologies said, “Our goal is to exceed customer expectations and augment their experiences leveraging innovation and emerging technologies. We are glad and thoroughly encouraged by our recognition in the 2022 IDC FinTech Rankings list. We will continue to assist our customers in adopting the right strategy and achieving their organizational goals.”

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 $590 billion (USD) by 2025.

To thrive in a digital economy, financial services organizations must embrace innovation and integrate innovative technology effectively to enhance the customer experience and achieve operational excellence. The 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 from http://www.idc-fi.com.

Hexaware continues to build digital products and platforms that make a meaningful difference to its customers’ businesses under the Mobiquity brand name.  Amaze ® has rapidly established itself as the most effective platform that enables complex cloud transformations for large global enterprises. TensaiTM continues to deliver holistic and AI-driven extreme automation for customers.

To know more about Hexaware’s offerings, visit Hexaware Technologies | IT Services and Solutions.

About Hexaware

We are a global technology and business process services company empowering enterprises worldwide to realize digital transformation at scale and speed. Our platform-enabled strategy – featuring Amaze® for full cloud enablement, Mobiquity™ for digital product engineering, and Tensai® for extreme automation – drives human-machine collaboration to create immersive customer experiences and solve complex business problems. We believe technology is a magical thing, and our purpose is to create smiles through great people and technology.

With corporate headquarters in Mumbai and regional headquarters in New Jersey for North America, London for Europe, and Sydney for APAC, we service customers in over one hundred languages from every major time and regulatory zone. We serve customers in banking, financial services, capital markets, healthcare, insurance, manufacturing, retail, education, telecom, hi-tech & professional services, travel, transportation, and logistics. We deliver highly evolved services in rapid application prototyping, development, and deployment; build, migrate, and run cloud solutions; automation-based application support; enterprise solutions for digitizing the back-office; digital product engineering; business intelligence & analytics; digital assurance; infrastructure management services; and business process services.

Learn more about Hexaware at https://www.hexaware.com. 

Safe Harbor Statement

Certain statements in this press release concerning our future growth prospects are forward-looking, which involve numerous risks and uncertainties that could cause actual results to differ materially from those in such statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in earnings, our ability to manage growth, intense competition in IT services including those factors which may affect our cost advantage, wage increases globally, our ability to attract and retain highly-skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which Hexaware has made strategic investments, withdrawal of governmental fiscal incentives, political instability, legal restrictions on raising capital or acquiring companies outside India, and unauthorized use of our intellectual property and general economic conditions affecting our industry.

For more information, contact:
Hexaware Technologies Limited
E-mail: SonikaC@hexaware.com