Pegasystems Named Among Top 100 Providers of Financial Technology
CAMBRIDGE, Mass., Nov. 9 — Pegasystems Inc. (Nasdaq: PEGA), the leader in unified process and rules technology, today announced that American Banker and the research firm Financial Insights have named the company to the FinTech 100, an international annual listing of the top vertical technology vendors that derive more than one third of their revenue from the financial industry.
Pegasystems' industry-leading SmartBPM™ Suite — which offers best-in-class rules and process management capabilities — enables banks to automate and enhance a wide range of business processes, allowing companies to capture objectives, optimize processes and drive strong results. Additionally, Pegasystems' suite of Banking Industry Frameworks enable Financial Services to rapidly automate the industry's most complex service and exceptions processes while delivering a superior customer experience across multiple product lines and channels.
Leveraging the agility of a rules-based system and service oriented architecture, Financial Services Institutions realize business value from Pegasystems technology across the organization in such diverse applications as exception automation, expert handling of customer service requests, web-self service account opening, credit decisioning, and compliance management. Leading banks rely on Pegasystems to provide both customer-facing and internal applications for BPM solutions that enhance their existing systems and deliver increasing value.
"This award speaks volumes about Pegasystems' leading role in delivering mission critical, high value solutions to the financial services industry," said Willy Fox, Director of Product Management, Financial Services, Pegasystems. "We are excited and honored to be placed on this list. Now more than ever, rules-based BPM technology is acting as a catalyst for financial services organizations to gain a clear advantage on the competition."
Pegasystems ranked 79th on the FinTech list. Global revenue was a key factor in the ranking, attesting to the company's stability and importance to the industry. The ranking of the top 100 vendors is categorized and evaluated based on fiscal year-end revenues and the percentage of revenues attributed to financial services — truly quantifiable, verifiable data. Data is gathered from surveys completed by vendors, as well as original research and market analysis conducted by Financial Insights. For more information about the rankings, visit http://www.financial-insights.com/FI/services/fintech100.jsp.
Pegasystems (NASDAQ: PEGA) develops strategic applications for marketing, sales, service, and operations. Pega’s applications streamline critical business operations, connect enterprises to their customers seamlessly in real-time across channels, and adapt to meet rapidly changing requirements. Pega’s Global 3000 customers include many of the world’s most sophisticated and successful enterprises. Pega’s applications, available in the cloud or on-premises, are built on its unified Pega 7 platform, which uses visual tools to easily extend and change applications to meet clients’ strategic business needs. Pega’s clients report that Pega gives them the fastest time to value, extremely rapid deployment, efficient re-use, and global scale. For more information, please visit us at www.pega.com.
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Lisa Pintchman Rogers
VP, Corporate Communications
Director, Corporate Communications
Sr. Manager, Public Relations
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