Asseco the winner of the IT@Bank ranking another year in a row
Asseco once again took the first place in the main ranking of the IT@Bank listing prepared by the financial monthly "Bank". The company was also recognized as the "Most Versatile IT Company". High sales and innovative products ensure Asseco a strong position on the market of IT providers for the financial sector. In addition, the title of the "Ambassador of the Electronic Economy" was awarded to Zbigniew Jagiełło, the member of the Supervisory Board of Asseco International, which is responsible for the Asseco Group’s development on the European market.
In the individual categories of the ranking, Asseco Poland ranked 3rd in terms of sales revenues. The company's success was also attributable to very high net profitability (2nd place with 26.6%) and one of the highest ratios of spending on research and development (R&D), which represented as much as 13.4% of the total revenues.
Asseco is also the creator of Asseco BooX (Bank out of the Box) platform. It is Poland's first universal process and technology platform for the sale and maintenance of financial products. It may serve as a nucleus for the development of a new bank as well as for the remodeling or modernization of an existing financial institution. Asseco BooX is available in the subscription model, but can also be operated traditionally - based on the purchase of a license. Operationally, it works in the following models: desktop, cloud or hybrid.
"Interest in using banking systems in the subscription model has grown recently. I believe that this is mainly thanks to the desire to optimize the costs of using technological solutions and the desire to abandon the maintenance of competencies that are not key for banking business. Undoubtedly, an important motivator for the use of cloud solutions are also threats related to cyber security, whose neutralization requires increasingly higher, and thus more expensive, competence," said Zbigniew Pomianek, the Vice President of the Management Board of Asseco Poland.
IT@Bank is an annual ranking of IT and financial sector leaders, organized and published by the "Bank" Financial Monthly Magazine.