Celero Secures Position on FinTech 100 for Sixth Consecutive Year

CALGARY, Nov. 6, 2013 /CNW/ - Celero, a leading provider of IT solutions to financial institutions across Canada, has been named among the top 100 global providers of financial technology. This is the sixth year in a row Celero has been included on the list, moving from the 85th ranking in 2012 to 81st in 2013. The FinTech 100 is an annual international listing of the top vertical technology vendors that derive more than one third of their revenue from this industry as named by American Banker, Bank Technology News and IDC Financial Insights.

"We are honoured to once again be named to this prestigious list," said Bob Reczka, chief executive officer, Celero. "Celebrating our tenth anniversary in 2013, we are proud of the growth we have achieved over the past decade and the dedication and focus of the Celero team to deliver world-class technology solutions to our customers that are reliable, innovative and cost-effective."

Debuting on the FinTech 100 list in 2008, Celero's inclusion on the global ranking illustrates the leading presence of the company in the Canadian financial industry. "Our growth is built on our ability to help financial institutions achieve their business goals," says Reczka. "We work with our customers as partners, helping them get the most out of their technology. Technology is a key differentiator for credit unions and Celero remains focused on ensuring our customers remain relevant, competitive and positioned for growth in the future."

Each fall, American Banker, Bank Technology News and IDC Financial Insights publish a comprehensive Fortune 500-style ranking of the hardware, software and service providers to the financial services industry, known as the FinTech 100. To qualify for the FinTech 100 list, eligible companies must receive at least 33 per cent of their revenue from the sale of technology and services from financial services companies. The ranking of the top vendors is categorized and evaluated based on calendar year-end revenues and the percentage of revenues exclusively attributed to financial services. Data is gathered from surveys completed by vendors, as well as original research and market analysis conducted by IDC Financial Insights.

For more information about the rankings, visit http://www.americanbanker.com/fintech100/

About Celero:

Celero is a leading provider of IT solutions to financial institutions across Canada. Consistently ranked among the world's top financial technology companies on the annual FinTech 100 list, Celero has 240 employees located across Canada. A full-service IT shop, Celero provides complete banking solutions, IT planning, systems integration, hosting, support, maintenance and professional services to meet the unique needs of financial institutions of all sizes and delivers world-class reliability through our Canadian-based data centres, employees and operations. For more information about Celero, visit celero.ca.

SOURCE: Celero Solutions

Jennifer Cageorge, Communications Manager
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