20 September 2022
Hexaware Technologies announced they have ranked #42 on the 2022 IDC FinTech Rankings. The 19th annual vendor ranking represents the leading hardware, software, and service providers to the financial services industry from around the world. Vendors are ranked based on the 2021 calendar year revenues attributed to financial services and FinTech industries. This year too, Hexaware has appeared on the prestigious list and has been recognized as a Fast Track FinTech company for its growth.
The top global providers of financial technology are ranked and evaluated using a Fortune 500-style classification system based on financial institutions' purchases of hardware, software, and/or services during the previous calendar year. These companies provide the technology foundation for the financial services sector, where IDC expects global IT spending to reach $590 billion (USD) by 2025.