D+H
 | |
| Public | |
| Traded as | TSX: DH |
| Industry | Financial Services |
| Founded | 1875 (as Davis & Henderson) |
| Headquarters | Toronto, Ontario, Canada |
Key people |
Gerrard Schmid (Chief Executive Officer) Karen Weaver (Chief Financial Officer) William Neville (Chief Operating Officer) |
| Products | Banking Technology, payment technology, lending technology, core banking technology |
| Revenue |
 US$1,507 million (2015)[1] |
|
US$424.7 million (2015)[1] | |
 US$84.0 million (2015)[1] | |
Number of employees | 5,500 |
| Website |
www |
D+H is a global payments and lending technology provider serving nearly 8,000 financial institutions, specialty lenders, community banks, credit unions, governments and corporations, including Canada’s largest banks.[2] D+H is headquartered in Toronto, Canada, and has more than 5,500 employees in 15 countries, with annual revenues in excess of $1.5 billion.[1] Following its acquisition of Harland Financial Solutions in 2013, over a third of D+H’s business is based in the US.[3]
D+H is ranked 21st on IDC Financial Insights's Top 100 FinTech Rankings[4] and 25th on American Banker's Top 100 Companies in FinTech.[5]
History
In 1875, D+H was founded as Davis & Henderson, a Canadian manufacturer specializing in bookbinding and printing. By the latter part of the 1890s, Canadian financial institutions began to form a significant portion of D+H’s customer base.
In the 1960s, D+H started to produce printed cheques with Magnetic Ink Character Recognition (MICR) encoding and began printing individually personalized bank cheques. It continued to focus on the cheque business through the 1970s and 1980s.[6]
Following a series of acquisitions starting in 2005, D+H has shifted its business to providing financial technology services globally. However, a third of D+H’s revenue still comes from printing and supplying cheques.[3] In 2016, D+H integrated blockchain distributed ledger technology into its payments platform.[7][8]
D+H went public on the Toronto Stock Exchange in January, 2011.[9] It acquired Mortgagebot[10] and ASSET Inc.[11] in 2011, Avista Solutions[12] in 2012, Harland Financial Solutions[13] and Compushare[12] in 2013, and Fundtech[14] in 2015.
References
- 1 2 3 4 "D+H Announces Fourth Quarter and Full Year 2015 Earnings". D+H. February 23, 2016. Retrieved January 4, 2017.
- ↑ Hasselback, Drew (January 31, 2014). "Investors buy into Davis + Henderson’s transformational deal". Financial Post. Retrieved January 4, 2017.
- 1 2 Bouw, Brenda (January 20, 2014). "Davis + Henderson: A Canadian play on the U.S. recovery". The Globe and Mail. Retrieved January 4, 2017.
- ↑ "IDC Financial Insights FinTech Rankings" (PDF). IDC Financial Insights,. September 7, 2016. Retrieved January 4, 2017.
- ↑ "Top 100 Companies in Fintech". American Banker. 2016. Retrieved January 4, 2017.
- ↑ "Corporate Information". D+H. Retrieved January 4, 2017.
- ↑ Gill, Sarah (February 3, 2016). "D+H adds blockchain capabilities to payments platform". GT News. Retrieved January 4, 2017.
- ↑ Lombardo, Hans (February 5, 2016). "D+H Integrates Multi-Chain, Private Blockchain for Banking Customers". All Coins News. Retrieved January 4, 2017.
- ↑ "Davis + Henderson Income Fund Completes Corporate Conversion". D+H. January 4, 2011. Retrieved January 4, 2017.
- ↑ Gores, Paul (March 24, 2011). "Canadian firm buys Mequon's Mortgagebot for $231.8 million". Journal Sentinel. Retrieved January 4, 2017.
- ↑ "D+H Limited Partnership Completes Acquisition of Asset Inc.". McMillan. January 18, 2011. Retrieved January 4, 2017.
- 1 2 Van Geem, Dave (October 7, 2013). "Checking In on Davis + Henderson". The Motley Fool. Retrieved January 4, 2017.
- ↑ Patel, Zarna (August 16, 2013). "D+H Completes Acquisition of Harland Financial Solutions". Bank Systems & Technology. Retrieved January 4, 2017.
- ↑ De Vynck, Garrit (March 30, 2015). "DH Buys Financial Software Maker Fundtech for $1.25 Billion". Bloomberg. Retrieved January 4, 2017.