IDC FinTech Ranking Names Verint Among Top 25 Enterprise Companies

Mon Sep 25, 2017

Annual Ranking Highlights Top Global Providers of Financial Technology

MELVILLE, N.Y., September 25, 2017  Verint® Systems Inc. (Nasdaq: VRNT) today announced that it has been named to the newly published 2017 IDC FinTech Rankings of Top 25 Enterprise Companies for the fourth consecutive year.

 

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Press Release

IDC FinTech Ranking Names Verint Among Top 25 Enterprise Companies

Mon Sep 25, 2017

Annual Ranking Highlights Top Global Providers of Financial Technology

MELVILLE, N.Y., September 25, 2017Verint® Systems Inc. (Nasdaq: VRNT) today announced that it has been named to the newly published 2017 IDC FinTech Rankings of Top 25 Enterprise Companies for the fourth consecutive year.

On an annual basis, the IDC FinTech Rankings categorize and evaluate the top global providers of financial technology based on calendar year revenues from financial institutions for hardware, software and/or services. These providers supply the technological backbone of the financial services industry, an industry in which IDC Financial Insights forecasts worldwide spending on IT across the globe to reach half a trillion dollars by 2018.

IDC’s annual FinTech Rankings has become an important measure of the health and direction of technology in the industry and the emergence of innovative solutions from new players. It also serves as a valuable resource for financial services institutions to use during strategic planning and when considering new investments in third-party solutions.

“The IDC FinTech Rankings, now in its 14th year, is the industry’s leading indicator of strength and longevity in the financial services technology market,” says Jerry Silva, Global Banking Research Director at IDC Financial Insights. “We applaud the organizations on this year’s rankings for their continued IT support of financial institutions globally.”

“We are delighted to be recognized again this year by IDC Financial Insights as a Top 25 Enterprise Company.  Today’s financial institutions have a diverse set of needs and expectations, as do their customers, and we’re pleased to work with so many of them to support their evolving requirements,” says Verint’s Nancy Treaster, senior vice president and general manager, customer engagement solutions. “Being part of the IDC FinTech Rankings further reinforces our focus on and commitment to technology innovation and working with our customers to support service excellence, quality experiences and the sharing of real-time intelligence.”

Today, many leading financial institutions around the world count on Verint Customer Engagement solutions to enhance service, heighten loyalty, improve productivity, drive revenue, and mitigate fraud and risk. To learn more, visit www.verint.com.

About IDC Financial Insights

IDC Financial Insights assists financial service businesses and IT leaders, as well as the suppliers who serve them, in making more effective technology decisions by providing accurate, timely, and insightful fact-based research and consulting services. Staffed by senior analysts with decades of industry experience, our global research analyzes and advises on business and technology issues facing the banking, insurance, and securities and investments industries. International Data Corporation (IDC) is the premier global provider of market intelligence, advisory services, and events for the information technology market. IDC is a subsidiary of IDG, the world’s leading technology, media, research, and events company. For more information, please visit www.idc.com/financial, email info@idc-fi.com, or call 508-620-5533. Visit the IDC Financial Insights Community at http://idc-community.com/financial.

About Verint Systems Inc.
Verint® (Nasdaq: VRNT) is a global leader in Actionable Intelligence® solutions with a focus on customer engagement optimization, security intelligence, and fraud, risk and compliance. Today, over 10,000 organizations in more than 180 countries—including over 80 percent of the Fortune 100—count on intelligence from Verint solutions to make more informed, effective and timely decisions. Learn more about how we’re creating A Smarter World with Actionable Intelligence® at www.verint.com.

This press release contains “forward-looking statements,” including statements regarding expectations, predictions, views, opportunities, plans, strategies, beliefs, and statements of similar effect relating to Verint Systems Inc. These forward-looking statements are not guarantees of future performance and they are based on management's expectations that involve a number of risks, uncertainties and assumptions, any of which could cause actual results to differ materially from those expressed in or implied by the forward-looking statements. For a detailed discussion of these risk factors, see our Annual Report on Form 10-K for the fiscal year ended January 31, 2017, our Quarterly Report on Form 10-Q for the quarter ended July 31, 2017, and other filings we make with the SEC. The forward-looking statements contained in this press release are made as of the date of this press release and, except as required by law, Verint assumes no obligation to update or revise them or to provide reasons why actual results may differ.

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