Positive start to 2009 for fintech stocks

Gainers

Fair Isaac led the gainers, finishing the first Friday of the year up 17.19% on the week before Christmas at $17.25. Just before the holiday break the company announced the a new product release designed specifically to help lending institutions profitably manage the growing volume of delinquencies they face. 

Other companies to see significant rises include:

• Online Resources, up 14.39% to $4.69
• Iress Market Technology , up 11.52% to A$5.13
• ACI Worldwide, up 10.60% to $16.07
• Orc Software, up 10.15% to Skr73.25
    
  

Losers

• Gresham, down 10.47% to 38.5p
• Fundtech, down 9% to  $7.18
• Longtop Financial Technologies, down 6.54% to $15.28
• Actuate, down 5.9% to  $3.19
• Financial Technologies, down 5.39% to Rs514.60

Index comparison

Methodology
More information on the Finextra50 Financial Technology Index methodology and constituent stocks can be found here.