From a group of 15,000 publicly listed companies in Asia-Pacific with revenues between $5 million and $1 billion, 873 companies were short listed and finally the top 200 companies finalized. Only 52 companies from the last year’s list have re-qualified this year, as meeting and exceeding the criterion becomes very competitive. The requirements are very stringent and include both long term and short term performance. For instance, five years average return on equity and three years consistent growth in revenues and earnings ensure the long term performance, while financial indicators of immediate past fiscal year focus on the short term. Companies engaged in Information Technology represent 25% of the top 200 companies.
Commenting on this recognition, Raj Jain, Chairman & Managing Director, RS Software India Ltd said, “Our continued focus on building leadership as a domain focused provider to the global clientele is enabling us to be amongst the high performing organizations from India. To be recognized in the top 1.3% of the companies listed in the entire Asia Pacific region, and to be amongst only 19 companies from India on this list is indeed a testimony to our commitment to be an investment of choice by all our stakeholders. The global electronic payments industry has grown 10,000% during the last four decades, and is fast approaching $ 1 trillion. Combined with this fact, is that globally 85% of retail payments are still made with paper money – cash and cheques. This domain focus is creating a huge opportunity for RS Software, and gives reasons to be optimistic about our future”.
About RS Software:
RS Software India Ltd., is a vertically integrated technology solution provider to the electronic payments industry, with focus on building domain leadership from India. The Company operates in four continents, with its US headquartered in Silicon Valley, offices in United Kingdom, Singapore and Corporate headquarters in Kolkata, India. RS Software has been in business for the last two decades providing solutions to Payment Networks, Processors, Acquirers, Issuers, ISOs and other major players in the electronic payments domain.
RS Software integrates knowledge management, innovation and specialised methodologies with 20 years of an exclusive focus on payments to deliver the best-in-class services to a client list that includes the world's leading payments brands. The company is engaged in offering both vertical and horizontal services customized for the payments industry. With 85% of retail payments still being made with paper money, the company is ideally positioned to build and maintain the core systems infrastructure for the Electronic Payments Industry. The Company is using a spectrum of development tools and methodologies including SSAD/OOAD, classic/relaxed waterfall, classic/relaxed spiral, RUP and agile. RS Software’s knowledge management system, RS School of Payments™ and RS Payments Lab form the foundation of its Global Execution Methodology™ that offers distinct value to all stakeholders of the Payments Industry.
RS Software has built solutions for the introduction of new standards such as EMV and emerging payment areas like mobile and contactless payments, while enhancing the ability of its clients to manage their legacy systems. The domain focus makes RS Software a partner of choice for its customers, and an employer of choice for its employees.http://www.rssoftware.com