- Global capital market technology company LPA
Group joins prestigious FinTech rankings
- Annual ranking highlights top 100 global
providers of financial technology.
London,
September 13, 2021
LPA Group (“LPA”), the global capital
market technology provider, announced it has joined the 2021 IDC FinTech
Rankings.
The
18th 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
2020 calendar year revenues attributed to financial institutions. This is the
first year LPA has appeared on the prestigious list, joining at #93. To view
the list in its entirety, please visit here.
“LPA’s
inclusion in the 2021 IDC FinTech Rankings is reflective of our leading
position as a global, rapidly-growing provider of powerful technology and
solutions that transform and digitalize players in the financial ecosystem. We
are building the future for FinTech, RegTech, and CapTech, whilst transforming
the financial services industry,” said Peter Schurau, CEO at LPA. “Our
inclusion is testament to the skill, grit and hard work of over 400 of our
employees operating globally from fifteen locations, and we are thrilled to be
part of this prestigious marker of financial technology businesses.”
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 honoured 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.”
IDC
Financial Insights publishes a comprehensive report about the year's findings
that is available to view or download here.
About
LPA Group
LPA is one of the
world’s leading developers and consultants for technology-based capital market
solutions (CapTech) for banks, insurance companies and fund providers. The core
business of the multi-award-winning group is Capmatix, a software framework to
automate workflows and documentation for financial instruments, structured
products and OTC derivatives. LPA helps financial services companies in their
capital market activities with; digital transformation, lowering the fixed cost
base and automating their necessary advisory and regulatory documentation
processes, thereby increasing efficiency, competitiveness and maintaining full
compliance. In addition to Capmatix, other solutions include; Modelity
(document generation and pricing calculations), acarda (regulatory reporting),
Captano (FX, FI and MM Trading Platform) plus full consulting support and other
AI driven solutions. LPA global coverage
is managed from its headquarters in Frankfurt and at twelve other international
locations including Tel Aviv, London, Zürich, New York, Paris, Barcelona,
Luxemburg and Singapore, over 400 technology and capital market experts are
employed by LPA supporting a portfolio of international clients.