Wednesday, April 11, 2018View Showroom
LONDON, UNITED KINGDOM and SIOUX FALLS, SD, USA, April 3, 2018 - The ATM Industry Association (ATMIA) and Tremont Capital Group, one of the nation’s leading consulting firms specializing in the ATM industry, have announced the completion of an analysis of the number of Independent ATM Deployer (“IAD”) ATMs operating in the Americas1.
The proprietary analysis, led by Tremont Capital Group CEO Sam M. Ditzion, a top ATM industry consultant, used data compiled from confidential interviews and surveys of nearly three dozen ATM operators, processors and other experts in Canada, United States, and Latin America. Financial institution ATMs are not included in the analysis, other than as included in an “ATM Bank Branding” 2 or “ATM Outsourcing” 3 arrangements with an IAD.
“Sam has unearthed some fascinating facts in a groundbreaking study,” commented Mike Lee, CEO of ATMIA. “We wanted to find out what the opportunities are for outsourcing and for new IAD markets in various regional marketplaces.”
“While the IAD industry in Canada and the United States is quite mature, the Latin American IAD sector is less developed due to regulatory, structural, economic, and security complexities in certain countries,” said Sam M. Ditzion, CEO of Tremont Capital Group. “The biggest growth opportunity in 2018 and beyond for highly regarded IADs is ATM Outsourcing, as it allows financial institutions to maximize operating efficiencies and potentially improve their bottom lines.”
Summary of Tremont Capital Group’s Findings for the ATMIA study:
ABOUT ATMIA www.atmia.com
ATMIA is the leading non-profit trade association representing the entire global ATM industry. ATMIA serves more than 10,700 members from over 650 participating companies in 67 countries spanning the whole ATM ecosphere, including financial institutions, independent ATM deployers, equipment manufacturers, processors and a plethora of ATM service and value-added solution providers. ATMIA provides education, advocacy and connections to help its members keep abreast of industry news and developments; increase knowledge and professionalism; improve operational efficiencies; understand and influence regulatory processes; participate in the local, regional and global ATM community; and forge new relationships to advance their businesses. Founded in 1997, ATMIA has active chapters in the United States, Canada, Europe, Latin America, Asia-Pacific, Asia, Africa, India and the Middle East focusing on the unique needs and issues of each region. For more information, please visit atmia.com. Follow us on LinkedIn, Twitter or YouTube.
ABOUT TREMONT CAPITAL GROUP, INC.
Tremont Capital Group is the nation’s leading provider of business strategy consulting, valuation, and merger & acquisition advisory services to the ATM and related industries. To learn more about the services provided by Tremont Capital Group, please visit www.tremontcapitalgroup.com or call 617-482-8866.