Press Releases

Collabera enters the 2009 FinTech 100

Collabera Named Among Top 100 Global Providers of Financial Technology

Bangalore - October 29, 2009: Collabera, a leading end-to-end information technology consulting, services and solutions company, announced its ranking on the FinTech 100, an annual international listing of the top 100 global application/service providers to the financial services industry published by American Banker, IDC Financial Insights and Bank Technology News.

"We are extremely proud to have made it to FinTech 100" said Mohan Sekhar, President and COO of Collabera. "Over the past few years Collabera has been delivering enhanced value to financial institutions through a combination of advisory services, prescriptive solutions and collaborative engagement models. Our continued investment in building strong customer partnerships and developing deeper domain led technology services is indeed validated through this recognition."

Financial Services is one of the key verticals served by Collabera. Through its services and solutions Collabera addresses business and technology requirements across retail banking, corporate banking, investment banking, capital markets, financial intermediaries, regulatory and compliance, risk management, payments and insurance.

Collabera has joined an elite group of vendors that stand out among the thousands of financial technology companies around the world for their volume of business/services conducted exclusively for the financial sector. The rankings are based on calendar year-end revenues and the percentage of revenues attributed to financial services quantifiable, verifiable data.

For more information about the rankings, visit www.idc-fi.com

To view the FinTech Special report, visit www.AmericanBanker.com/fintech100

About Collabera

Established in 1991, Collabera is a leading, global, end-to-end information technology consulting, services and solutions company. Collabera focuses on helping businesses "bridge the execution gap" and experience accelerated business performance. Its client-centric philosophy, commitment to service excellence and a Collaborative Engagement Model enables its global 2000 and leading mid-market clients to succeed in today's global digital economy. With over 4000 professionals operating from 19 locations and 3 extended development centers worldwide, Collabera provides onsite, offsite and offshore technology consulting, services and solutions to leading financial services; technology, communications & media; and manufacturing, retail & logistics corporations. The privately held company has offices in the U.S., Europe, and India including three delivery centers.

About American Banker, Bank Technology News and SourceMedia Inc

American Banker, is the banking industry's daily source of information, news, and analysis for executives at banks of all sizes. Founded in 1836, with a current readership of more than 65,000, the publication covers topics including national and global banking issues, mortgages, consumer finance, legislation, investment products, card and payment systems and technology.

Bank Technology News is written for 27,000 banking professionals who identify, recommend, purchase and support the front-, middle- and back-office technology needs across all business units of their financial institutions. Bank Technology News provides critical information and analysis on the relationship between banking strategy and technology execution.

SourceMedia, an Investcorp company, is the pre-emine