Monday, November 27, 2023

We are in the middle of a historical transition. Human race is learning and bringing in new ways to enhance their lives on a holistic scale. It’s the worst kept secret in the world that this change is largely driven by all the advancements we have made on the technology frontier. The nature of these advancements has been so interpersonal that some of the creations are now an integral part of our lives. From a collective standpoint, one big reason behind this transformation is how easy it has become to access certain luxuries. The fact that these technologies are designed to be universal means anyone can utilize them without having whole textbook of information at their disposal. This straightforward setup has made different spheres to put on their thinking cap and reflect on how they can use this phenomenon and get the kind of results that will put them light years ahead of where they are right now. One such sphere that did this consideration and then pledged its allegiance to technology was the finance sector. The integration of technology in finance management has been comprehensive to the extent where we now have a whole new section dedicated to it by the name of fintech. Fintech has revolutionized more than just finance management. It has redefined the kind of access general public would have to the services offered in this domain. Furthermore, the establishment of fintech has also spelled the creation of many new services that have replenished the structure of long-standing financial institutions, giving them a more simplified configuration. While we see this change happening more as a whole, there are organizations that are functioning between the lines and doing everything to ensure that this transition is smooth and productive for everyone. Some of these organizations are:

Axio AG

  • Co-Founder– Eric Borsch
  • HQ: Germany

Aixigo proudly presents itself as the world’s fastest API-based platform for investment advisory, portfolio risk management, portfolio monitoring and analysis etc.Aixigo’s platform holds over a 100 digital services.

Avaloq

  • CEO– Thomas Beck Co
  • HQ:     Zurich, Switzerland

Based in Zurich, Avaloq is weaving higher altitudes for the banking sector. The company’s ambition to provide a dynamic digital experience has inspired it to create its fully integrated banking software that will serve you by tabling a Standardized Business Process as a service (BPaaS) or Software as a service (SaaS).

Backbase

  • CEO– Jouk Pleiter
  • HQ: Atlanta, GA

Founded in 2003, Backbase basically facilitates the shift to this digital-first world for your organization. The company aims at integrating speed and flexibility into your operations, thus putting together a refined experience for the customer, irrespective of device they are using to access the services.

Bigtincan

  • President & CMO-Patrick Welch
  • HQ: Waltham, MA

 Bigtincan is leading the way in reinventing the interactional element between an organization and its customers.

CONTUS

  • Cofounder: Simon Paris
  • HQ: United Kingdom

A comparatively new kid in the block, started just in 2017 by the combination of Misys and D+H, Finastra builds and deploys innovative, next-generation technology on their open Fusion software architecture and cloud ecosystem.

Eficode

  • CEO: Frank Bisignano
  • HQ: Brookfield, WI

Founded in 1984, and headquartered in Brookfield, Wisconsin, Fiserv is a popular name in the fintech sphere. The company is a part of the finance technology providers’ leadership, serving the industry with a range of services.

IDS

  • CEO: David Hamilton
  • HQ: Minneapolis, MN

Founded way back in 1974, IDS has witnessed this transformation to fintech right from the bat. The company’s big bag of experience helps it in delivering a package of solutions explicitly designed for improving operational efficiency on a granular level.

Insightsoftware

  • CEO: Jim Triandiflou
  • HQ: Raleigh, NC

Headquartered in North Carolina, Insightsoftware is an organization that helps you in breaking down the heaps of data that we have at our disposal these days.

Lendio

  • CEO: Brock Blake
  • HQ: Lehi, UT

Founded in 2011, Lendio is a loan marketplace specifically designed for small businesses. The company’s platform assesses your needs to find you a loan product that is best for you.

Monzo

  • CEO: TS Anil
  • HQ: United Kingdom

Perficient is a globally-based digital consultancy firm. Founded in 1997, the company excels in providing services like Big Data and Analytics, CPM, Cloud, DevOps, Commerce etc.

NeoXam

  • President: Serge Delpla
  • HQ: Paris

Based in Paris, NeoXam is one of the biggest finance software companies. The organization processes a whopping $14 trillion worth of assets every day, with over 10,000 users availing their services on routinely basis.

Openfin

  • CEO: Mazy Dar 
  • HQ:  New York, NY

Barclays, HSBC, JP Morgan, and Wells Fargo to name a few, they all depend upon OpenFin to build their desktop application. This gives us an idea about the company and what they were able to build for fintech enterprises.

Profile Software

  • CEO: Evangelos I. Angelides
  • HQ: United Kingdom

Having started their journey in 1990, Profile Software has gone on to become an award-winning solutions provider. The company boasts a strong presence in the regions like Europe, Middle East, Asia, Africa, and America.

PSP Lab

  • CEO: Georgijus Kocegarovas
  • HQ: United Kingdom

PSP Lab is a partnership business that focuses largely on providing payment processing solutions to the group of fintech entrepreneurs. The company’s services range includes payment initiation, remittance, card acquisition, and e-money issuing etc

Saphyre

  • CEO: Gabino Roche Jr
  • HQ:Hoboken, NJ

Founded in 2017, and currently headquartered in Hoboken, New Jersey, Saphyre is a comprehensive communications platform that helps you in exchanging important information as well as any documents in a seamless and secured manner.

Star Compliance

  • CEO– Jennifer Sun
  • HQ: Rockville, MD

Founded in 1999, StarCompliance is one of the most trusted names when it comes to providing compliance software. The company’s all-encompassing solutions paint a clear picture of your organization of you.

Stripe

  • CEO: Patrick Collison
  • HQ: San Francisco, CA

Founded in 2010, Stripe is one the biggest fintech innovators we have at the moment. The company’s excellence in developing an economic infrastructure within the digital realms has brought it a serious amount of recognition.

Total Expert

  • CEO: Joe Welu
  • HQ: St. Louis Park, MN

Headquartered in St. Louis, Minnesota, Total Expert is an integral part of the fintech fabric. The company built one of the first few experience-driven platforms that are now pretty much the benchmark for modern business organizations.

TrueNorth

  • CEO: Alex Gonikman
  • HQ: San Francisco, CA

Based in San Francisco, TrueNorth can rightfully count itself as one of the elite fintech companies to ever grace the industry. Till date, the company has overseen over 100 digital transformations with 40 complete product revamps.

Zest AI

  • CEO: Mike de Vere
  • HQ: Los Angeles, CA

Zest AI technology helps you in making informed decisions, leading to better revenue, mitigated risk, and automatic compliance. After achieving the goal of making the process of credit acquisition transparent, the company now plans to make the industry even better for everyone.