SANTA CLARA, Calif., Sept. 13, 2022
SANTA CLARA, Calif., Sept. 13, 2022 – Tavant – 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 year in a row. The IDC FinTech Ranking categorizes and evaluates the top global providers of financial technology based on calendar year revenues from financial institutions for hardware, software, and/or services in a Fortune 500-style ranking. 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 590 billion dollars 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. Additionally, the IDC FinTech Rankings serve as a critical tool for financial institutions and companies to use during strategic planning and to review 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 enhance the customer experience and achieve operational excellence. Tavant and the vendors featured on the IDC FinTech Rankings represent those providers committed to helping financial institutions successfully execute their digital transformation initiatives for the betterment of their customers around the world.
Hassan Rashid, CRO, Tavant, said, “At Tavant, we believe that our combination of deep industry knowledge and superior software and services are key enablers to driving innovation, and we are immensely proud to be recognized once again by IDC Financial Insights as a leading and trusted partner for our customers. This is the fourth year that Tavant has ranked on the prestigious IDC FinTech list, which reaffirms 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 to ensure our customers are equipped to compete and succeed in today’s rapidly evolving environment.”
As a leading Fintech software and solutions provider for more than 20 years, Tavant proactively anticipates customer needs and adjusts accordingly to provide the right configurable solutions. Rapidly gaining market share, Tavant’s expanding customer base originates one out of every three mortgage loans in the United States.
Tavant’s VΞLOX product suite, which now includes Touchless LendingTM, maximizes data-driven decision-making to solve even the most complex lender and borrower challenges.
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Media Contact:
Adrie Morales
678-781-7227
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