Celero Ranks in the Top 100 of the Prestigious 2021 IDC FinTech Rankings


September 13, 2021IDC Financial Insights has published its annual FinTech Ranking, and Celero is pleased to announce it has made the list, ranking as one of the top hardware, software and service providers in the global financial services industry in 2020.

“We are pleased to be included in this list among some of the most innovative financial IT vendors in the world. This is the fifth consecutive year we’ve ranked in the Top 100 of the IDC FinTech Rankings, and this achievement demonstrates the continued commitment of our clients, partners and employees in driving innovation and operational excellence within the Canadian credit union system,” says Richard Hannah, CEO, Celero.

As a research and consulting services organization, IDC Financial Insights annually publishes IDC FinTech Rankings – a list of the top 100 global IT vendors. This year, Celero is positioned in the 91st spot of the rankings, among innovative financial services brands from around the world.

Global standard list of  fintech providers
The Fortune 500-style 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. 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 be $590 billion (USD) by 2025.

“IDC is honored to recognize the technology providers that appear on the 18th annual IDC FinTech Rankings,” said Marc DeCastro, Research Director at IDC Financial Insights. “These are the companies that have shown commitment to the financial services industry and their appearance on the list is a testament to that dedication.”

To thrive in a digital economy, financial services organizations must embrace innovative and integrate cutting edge-technology effectively to enhance the customer experience and achieve operational excellence. Celero and the other 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.

IDC Financial Insights publishes a comprehensive report about the year’s findings that is available to view or download here.

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.

About Celero

Celero is a leading provider of digital technology and integration solutions to credit unions and financial institutions across Canada. Clients trust Celero’s proven track record delivering innovative banking technologies, digital and payment solutions, cloud computing, outsourcing, IT, and advisory services.

Celero offers reliability and security through its world-class hosted banking system and data centre operations. With key partnerships across the globe, Celero also brings the scale and extensive capabilities of multinational technology companies and the focused expertise of fintech startups. For more information, visit celero.ca.