SAN FRANCISCO, CA — (Marketwire) — 01/02/12 — , a leading global provider of (PFM) solutions, was named a winner of the Red Herring-s 2011 Top 100 Global Award, a prestigious recognition honoring the year-s most audacious and far reaching private technology companies and entrepreneurs from across the globe.
“We are excited to be selected by Red Herring for this prestigious award,” said Edward Chang, CEO of Strands. “We believe our PFM solutions are making an impact for our clients and their customers. Online banking users are improving their financial lives while banks are increasing their knowledge of and engagement with their customers.”
Red Herring-s list has become a mark of distinction for identifying promising companies and entrepreneurs. Red Herring editors were among the first to recognize that companies such as Google, Skype, Baidu, Salesforce.com, YouTube, eBay and many others would change the way we live and work.
Red Herring-s editorial staff evaluated the companies on both quantitative and qualitative criteria, such as financial performance, technology innovation, management quality, strategy, and market penetration. This assessment of potential is complemented by a review of the track record and standing of startups relative to their sector peers, allowing Red Herring to see past the “buzz” and make the list an invaluable instrument of discovery and advocacy for the greatest business opportunities from around the world.
Strands Finance is a leading global provider of web and mobile Personal Finance Management (PFM) solutions to leading financial institutions such as Bank of Montreal (Canada), ING (Netherlands) and BBVA (Spain). Strands- award winning technology is delivered through a scalable and highly customizable application, Strands PFM. Strands PFM gives banks the ability to gain new customer insights, further engage customers, acquire new customers, and improve cross-selling. Strands Finance is headquartered in San Francisco and has offices in the U.S. and Spain.
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