American Banker and research firm Financial Insights published annual listing of leading technology and service providers to the financial services industry, FinTech 100. Wall Street Systems (Wallstreet), the provider of treasury, trading and settlement services has increased its ranking by 13 places situating at 61st position.
The research was based on CY07 year-end revenues and the percentage of revenues attributed to financial services. Wallstreets offerings are directed to treasury and trade processing. Companys ASP and managed service applications are in particular demand.
“These rankings represent another prosperous year for Wall Street Systems, as we continue to grow both organically and through acquisition.” says Joel Mandelbaum, president and CEO, Wallstreet. “Despite the market turmoil, we are confident in further advancing our strong position in 2009. This will be driven by our strong balance sheet, flexible pricing and delivery models and significant ROI benefits derived by our clients from our proven solutions.”
L.D.