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TMCNet:  For Six Years Running, Verint Named in IDC FinTech's Top 25 Financial Technology Providers

[November 25, 2019]

For Six Years Running, Verint Named in IDC FinTech's Top 25 Financial Technology Providers

Verint® Systems Inc. (Nasdaq: VRNT), The Customer Engagement Company™, today announced its sixth consecutive annual ranking in the newly published 2019 IDC (News - Alert) FinTech Rankings of Top 25 Enterprise Companies*. Listed by calendar-year revenues for hardware, software and/or services, the Top 25 are enterprise technology providers from around the globe that serve multiple industries, with significant revenue in financial services, but less than one-third of it from financial institutions.

"It's always an honor to be recognized by IDC Financial Insights," said Verint's (News - Alert) Nancy Treaster, senior vice president and general manager of strategic operations. "Inclusion in the IDC FinTech Rankings is confirmation that our solutions continue to be spot-on, helping financial institutions serve their customers across multiple channels, increase efficiencies and achieve compliance in a toughening regulatory environment."

According to IDC Financial Insights, the providers in the listing supply the technological backbone of the financial services industry, an industry in which the research firm forecasts worldwide spending on IT across the globe to exceed $540 billion (USD) by 2022.

"IDC is honored to recognize the technology providers that appear on the 16th annual FinTech Rankings," said Marc DeCastro, research director at IDC Financial Insights. "These are the companies that have shown commitment to the financial services institutions and their appearance on the list is a testament to that dedication."

Today, many leading financial institutions arund the world rely on Verint's cloud-enabled, AI-powered customer engagement solutions to simplify, modernize and automate their operations, helping them improve the customer experience, drive revenue and mitigate fraud and risk.

For more information about the rankings, click here or follow on Twitter (News - Alert) @IDC and look for #IDCFinTechRankings.

About Verint Systems Inc.

Verint® (Nasdaq: VRNT) is a global leader in Actionable Intelligence® solutions with a focus on customer engagement optimization and cyber intelligence. Today, over 10,000 organizations in more than 180 countries-including over 85 percent of the Fortune 100-count on intelligence from Verint solutions to make more informed, effective and timely decisions. Learn more about how we're creating A Smarter World with Actionable Intelligence® at www.verint.com.

*Verint was named to the 2019 IDC FinTech Rankings of Top 25 Enterprise Companies in September 2019.

This press release contains "forward-looking statements," including statements regarding expectations, predictions, views, opportunities, plans, strategies, beliefs, and statements of similar effect relating to Verint Systems Inc. These forward-looking statements are not guarantees of future performance and they are based on management's expectations that involve a number of risks, uncertainties and assumptions, any of which could cause actual results to differ materially from those expressed in or implied by the forward-looking statements. For a detailed discussion of these risk factors, see our Annual Report on Form 10-K for the fiscal year ended January 31, 2019, our Quarterly Report on Form 10-Q for the quarter ended July 31, 2019, and other filings we make with the SEC (News - Alert). The forward-looking statements contained in this press release are made as of the date of this press release and, except as required by law, Verint assumes no obligation to update or revise them or to provide reasons why actual results may differ.

VERINT, ACTIONABLE INTELLIGENCE, THE CUSTOMER ENGAGEMENT COMPANY, NEXT IT, FORESEE, OPINIONLAB, KIRAN ANALYTICS, TERROGENCE, SENSECY, CUSTOMER ENGAGEMENT SOLUTIONS, CYBER INTELLIGENCE SOLUTIONS, EDGEVR, RELIANT, VANTAGE, STAR (News - Alert)-GATE, SUNTECH, and VIGIA are trademarks or registered trademarks of Verint Systems Inc. or its subsidiaries. Other trademarks mentioned are the property of their respective owners.


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