Tokyo, Sep. 23, 2019 – Simplex Inc., announced they have ranked #61 on the 2019 IDC FinTech Rankings. The most comprehensive vendor ranking within the financial services industry, the annual IDC FinTech Rankings is based on 2018 calendar year revenues attributed to financial institutions.
The IDC FinTech Rankings, one of the most prominent rankings for technology vendors in the financial services industry, categorize and evaluate technology providers based on calendar year revenues from financial institutions for hardware, software, and/or services.
The annual IDC FinTech Rankings has become an important measure of the health and direction of technology in the industry and the emergence of innovative solutions from new players. In addition, the IDC FinTech Rankings serve as a critical tool for financial services institutions to use during strategic planning and to review in considering new investments in 3rd party solutions.
Simplex has been providing multi asset based solutions to major firms leveraging the latest proprietary architecture. In Japan, 8 out of 10 major securities companies uses Simplex products.
About Simplex Inc.
Established in 1997, Simplex Inc. provides consulting, system development, maintenance and operations to some of the largest banks, asset managers and insurance companies in Asia. With more than 20 consecutive years of profitability, Simplex has served more than 50 clients. The company is headquartered in Tokyo with offices in San Francisco and New York. Simplex employs more than 1,000 financial and software engineers and has invested significant capital to build a next-generation software solution for the financial services industry.
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 IDC, the world’s leading technology, media, research, and events company.