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LPS Named a Top Financial Technology Provider in FinTech 100
Tuesday, November 03, 2009
Mortgage and Real Estate Technology Leader Earns Top-10 Ranking in First Year as an Independent Company
JACKSONVILLE, Fla., Nov. 3 /PRNewswire-FirstCall/ -- Lender Processing Services, Inc. (NYSE: LPS), a leading provider of integrated technology and services to the mortgage and real estate industries, has been ranked among the top 10 technology providers to the financial services industry on the annual FinTech 100 ranking.
The FinTech 100 is an annual international listing of the top 100 hardware, software and service providers to the financial services industry, as ranked by American Banker, Bank Technology News and the research firm IDC Financial Insights. LPS, which celebrated its first year as an independent company this July following a successful spinoff from Fidelity National Information Services (FIS) in 2008, ranked ninth in its debut on the 2009 FinTech 100.
Data for the rankings is gathered from surveys completed by vendors, as well as original research and market analysis conducted by IDC Financial Insights. The list of financial technology companies was produced according to their global revenues - attesting to LPS' stability and importance in the industry.
"We're excited to have earned such a high ranking in the prestigious FinTech 100 during our first year as an independent company," said Jeff Carbiener, president and chief executive officer for LPS. "Being recognized as one of an elite group of industry leaders affirms the confidence and trust that our valued clients have in LPS' continued commitment to delivering superior products, services and data to support their businesses."
For more information about the rankings, visit the FinTech 100 Web site at www.financial-insights.com/fintech. To view the FinTech Special report, visit www.AmericanBanker.com/fintech100.
About Lender Processing Services
Lender Processing Services, Inc. (LPS) is a leading provider of integrated technology and services to the mortgage and real estate industries. LPS offers solutions that span the mortgage continuum, including lead generation, origination, servicing, workflow automation (Desktop) portfolio retention and default, augmented by the company's award-winning customer support and professional services. Approximately 50 percent of all U.S. mortgages by volume are serviced using LPS' Mortgage Servicing Package (MSP). In fact, many of the nation's top servicers rely on MSP, including eight of the top 10 and 14 of the top 20. LPS also offers proprietary mortgage and real estate data and analytics for the mortgage and capital markets industries. For more information about LPS, please visit www.lpsvcs.com.
SOURCE Lender Processing Services, Inc.
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