The international ranking is selected annually by market research institute IDC Financial Insights and American finance magazines American Banker and Bank Technology News, and honours the world's foremost IT service providers for the financial sector. Businesses are only considered if one third of their revenue is generated by clients in the financial services industry. The top 100 ranking was calculated based on total sales at the end of the business year and the proportion of this accounted for by financial service providers. This was taken as an indication of the status of companies and their importance for the sector. Other criteria included sector specific offers from the IT service providers to their clients, such as core banking applications, online banking and branch systems.

For the second time in succession, GFT was named one of the 50 best IT service providers for the financial sector, confirming its leading position in financial services technology. "Our focus on an optimum combination of sector-specific expertise and technological knowledge has really paid off. We know the market environment of our clients and are able to offer them innovative IT solutions that are tailored to their needs and strengthen their competitiveness. This makes us one of the preferred IT partners in the financial services sector," explains GFT Executive Board member Marika Lulay. "GFT supports financial institutes with outsourcing services that help them cut costs in economically challenging times. In addition, our innovative solutions and technologies help to ensure that our clients can react quickly to demand in a stabilizing market environment and capitalize on growth potential."