“CPM’s inclusion in this ranking is an acknowledgement of our value proposition, which combines experience and business knowledge to provide outstanding performance as an IT provider to the financial services sector, both locally and internationally,” says Maurício Minas, CPM’s Senior Vice-President Finance.

The ranking is categorized and assessed based on the annual invoicing announced by the companies, as well as the percentage of invoicing attributed to financial services. Overall invoicing was a key factor in the assessment, attesting to the stability of the companies and their importance to the industry.

In addition, all the categories included in this list assess the companies’ performance in relation to applications specific to banking operations, such as core banking, branches, ATMs, credit cards, credit transactions, online banking, billing, cash management, treasury, and funds transfers.

Other international recognition

CPM is currently the largest Brazilian IT services company not associated with multinational groups, based on invoicing, according to the IDC study entitled Brazil Semiannual IT Services Tracker 2006. In this same study, CPM was classified as the third largest IT consulting company in Brazil.

In February of this year, it was cited by Neo IT, in conjunction with Global Services, as the second largest IT service provider in Latin America, one of the Top 10 global companies in developing specialized applications and Top 100 global IT providers, solidifying its image among sector leaders globally.

With its eye on the global market, in 2005 CPM expanded its activities overseas, with its focus on nearshore outsourcing. It consolidated its international operations by marketing services and was one of the largest Brazilian exporters of software during the period, with a total of US$18.4 million in new contracts and a growth of 148% in the global market as compared to 2004.