SANTA CLARA, Calif.–(BUSINESS WIRE)–Tavant, a Silicon Valley-based provider of industry-leading digital lending technologies, announced today that it has been named to the 2022 IDC FinTech Rankings, the financial industry’s most comprehensive vendor ranking, for the fourth consecutive year. The IDC FinTech Ranking categorizes and evaluates the top global financial technology providers based on calendar year revenue from financial institutions for hardware, software and/or services in a Fortune 500-style ranking. These vendors provide the technological backbone of the financial services industry, an industry where IDC Financial Insights estimates worldwide IT spending will reach $590 billion by 2025.
These rankings are an important measure of the health and direction of technology in the industry and the emergence of innovative solutions from new players. In addition, IDC FinTech rankings serve as a critical tool for financial institutions and companies to use during strategic planning and to consider when considering new investments in third-party solutions.
To thrive in a digital economy, financial services organizations must embrace innovation and integrate innovative technology effectively to improve customer experience and achieve operational excellence. Tavant and the vendors featured in the IDC FinTech Rankings represent those vendors committed to helping financial institutions execute their digital transformation initiatives to improve their customers worldwide.
Hassan Rashid, CRO, Tavant, said: “At Tavant, we believe that our combination of deep industry knowledge and superior software and services are the key enablers for driving innovation, and we are incredibly proud to be recognized once again by IDC Financial Insights as a leading and trusted partner for our clients.This is the fourth year Tavant has ranked on the prestigious IDC FinTech list, confirming our strong commitment to serving the financial and mortgage industries using a data-driven approach to decision-making, cutting-edge technology and unique expert insights for to ensure our customers are equipped to compete and succeed in today’s rapidly evolving environment.”
As a leading provider of Fintech software and solutions for more than 20 years, Tavant proactively anticipates customer needs and adjusts accordingly to provide the right configurable solutions. Tavant’s growing customer base is rapidly gaining market share and has one in three mortgages in the US.
Tavant’s VΞLOX product suite, which now includes Touchless Lending™, maximizes data-driven decision making to solve even the most complex lender and borrower challenges.
For more information on the rankings, IDC Financial Insights publishes a comprehensive report on this year’s findings which is available to view HERE. Visit and follow on Twitter @IDC and look for #IDCFinTechRankings.
Headquartered in Santa Clara, California, Tavant is a digital products and solutions company that delivers effective results to its customers across North America, Europe and Asia Pacific. The company was founded in 2000, and employs over 3,000 people and is a recognized top employer. Tavant is creating an AI-powered intelligent lending business by rethinking customer experiences, increasing operational efficiency and improving collaboration.
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