FinTech Global, a specialised financial research company, has released the latest edition of its DataTech50 ranking.

The list identifies the biggest and best companies transforming data management within the financial services industry. Its goal is to provide senior decision makers with the information they need to find the most innovative companies in a crowded marketplace.

The power of data has been understood for decades; however, many financial institutions are still held back by legacy systems that cause data silos. This not only impacts the speed of teams, but it can also create discrepancies between departments, repetitive data collection processes and an inability to generate detailed insights. Not only does it impact their current capabilities, but also their future output by limiting the adoption of newer technologies like AI.

While improving data structures might not seem as important as adopting AI-powered tools, it is just as important. A recent report from Gartner claims that by 2027 60% of organisations will fail to realise the anticipated value of their AI tools due to poor data governance.

Finalists on DataTech50 list were handpicked by a panel of analysts and industry experts who analysed a list of over 400 companies provided by FinTech Global. Companies were chosen based on their innovative use of technology to address data challenges plaguing the financial services landscape.

FinTech Global director Richard Sachar said, “Instead of having a unified data lake, many firms still have disjointed data networks. Financial institutions have a huge wealth of data that is often not being used to its full potential, they need to find tools that can help them turn that data into a competitive advantage.

“The DataTech50 list is not just about helping financial services find the shiniest tools in the industry, it is designed to help identify the perfect partners who can prepare them for 2025 and beyond.”

A full list of the DataTech50 for 2025, which includes leader Sustainable Platform, as well as information about each company is available to download for free at www.DataTech50.com