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Wednesday, November 11, 2009
(3i Infotech)
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Mumbai, India, November 11, 2009 - 3i Infotech, a global information technology company, has been named to the 2009 FinTech 100, an annual international listing of the top 100 IT products and service providers to the financial services industry. At 32nd on the list, 3i Infotech is the highest-ranking new member of the FinTech 100.
The FinTech 100 is a joint effort between American Banker, Bank Technology News and IDC Financial Insights. It ranks companies based upon their total revenues from the financial services industry. 3i Infotech derived $315.28 million in 2008 revenue from this sector, which represents 71.5 percent of its total 2008 revenue.
"3i Infotech continues to achieve strong growth," remarked Kathy Hamburger, CEO and president of 3i Infotech, North America. "Our technology products and services are attracting the confidence of the Banking and Financial Services sectors in the US. We are proud to offer a full spectrum of outsourced, in-house and hybrid solutions that help organizations in a variety of industries boost efficiency and reduce costs."
3i Infotech delivers technology solutions and services to more than 1,500 customers in over 50 countries across five continents. Its subsidiaries include: Regulus Group, the largest outsourced remittance processor and the second-largest outsourced bill presentment provider in the United States; and J&B Software, a leader in remittance and payment processing software, with its enterprise Hub and Spoke processing platform currently being used by its clients to process over two billion payments annually.
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