Cisco Placed Third on 2017 IDC FinTech Rankings Enterprise Top 25

Cisco’s Mission Statement is to shape the future of the Internet by creating unprecedented value and opportunity for our customers, employees, investors, and ecosystem partners.  We don’t set out to be recognized; however, receiving recognition for our impact in the industries we serve is an extraordinary moment.  Each year, global research firm IDC recognizes IT providers that have enabled a genuine, measurable, and future-enabling change at a client financial institution (bank, capital markets firm, or insurer) in the worldwide financial services industry with its IDC FinTech Rankings.

This year, Cisco has been awarded a top 3 ranking, moving up from number five last year. In support of Cisco’s ranking, IDC said the following:

“We congratulate Cisco for reaching the #3 position on the 2017 IDC FinTech Rankings Enterprise Top 25, which includes the largest and most influential technology providers globally in financial services,” stated Karen Massey, senior analyst at IDC Financial Insights. “The momentum Cisco has shown since the inception of the rankings 14 years ago demonstrates their commitment to and success within the global financial services technology market.”

Each day we set out to solve the top challenges our financial services customers face.  I extend congratulations to the entire Cisco financial services team and recognize their hard work in earning this distinction.

The rankings and winners were announced at an invitation-only event on September 11, 2017, the first night of Finovate Fall New York 2017.  Winning an award is no small feat, and Cisco appreciates the recognition from the IDC judges. It’s a great compliment to the value and opportunity Cisco brings to its financial services customers.

Visit us online at Cisco Financial Services, to learn more about how Cisco is helping transform the industry.

Follow us on Twitter @CiscoFSI