Fixnetix Ranked Number Two Fastest Growing Technology Company on the Deloitte Technology Fast 500 EMEA 2011
Financial markets managed services provider rises to the top; supports industry risk control
25 November, 2011 – London, UK – Fixnetix today announced that it ranked Number Two on the Deloitte Technology Fast 500 EMEA 2011, a ranking of the 500 fastest growing technology companies in EMEA. Rankings are based on percentage revenue growth over five years. The company is a financial technology company (fintech,) and is an outsourced managed service provider for market data, trading and risk control to leading banks, hedge funds and proprietary trading worldwide. Less than a month ago, Fixnetix won first place for the 2011 Deloitte UK Technology Fast 50 and placed fourth in the 11th annual Sunday Times Microsoft Tech Track 100 league table which ranks Britain’s one hundred privately-owned technology, media and telecoms (TMT) companies with the fastest-growing sales over the last three years.
Paul Ellis, Chief Operating Officer of Fixnetix attributes the success of the company to people and innovation. “We are so pleased to be ranked as one of Europe’s leading technology companies and are fully committed to delivering the best market data, trading and risk control systems to our global customer base,” says Mr. Ellis. “Financial technology services and products are constantly evolving in response to demand and regulatory requirements; innovation is our life blood. We hire industry experts who are all able to anticipate the needs of the marketplace and they respond in tandem.”
“Making the Deloitte Technology Fast 500 EMEA ranking is a testament to a company’s commitment to technology,” David Halstead, Deloitte United Kingdom and partner in charge of the Deloitte Technology Fast 500 EMEA programme. “With its 24557% growth rate over five years, Fixnetix has proven that its leadership has the vision and determination to grow in difficult conditions.”
Fixnetix provides outsourced managed services across multiple asset classes for ultra-low latency trading, market data, hosting, infrastructure connectivity and risk management solutions to leading global banks, hedge funds and proprietary trading groups. The company is in 33 co-location and proximity hosting centres across Europe and the US and offers both raw and ultra-low latency normalised market data as well as low latency trading for member firms and sponsored trading access to over 78+ markets. Recently, Fixnetix announced a real-time low latency filter, iX-eCute, an FPGA (Field Programmable Gate Array,) to solve the eternal industry conundrum of pre-trade risk, compliance and ultra-low latency execution. iX-eCute opens the marketplace to all participants with no detrimental impact on trading performance with the necessary risk controls. iX-eCute enforces pre-market risks at nanosecond time frames whilst preventing impact on latencies that historically have slowed down more traditional trading systems and models. Unlike other solutions, the iX-eCute microchip has near zero impact on latency for governing the required checks directed by the recent SEC Rule 15c3-5 and anticipated declarations from other regulatory governing bodies.
More information: www.fixnetix.com/our-company/contact-us.html
About Deloitte Technology Fast 500 EMEA
The Deloitte Technology Fast 500 EMEA is the region’s most objective industry-ranking standard to focus on the technology field and recognizes technology companies that have achieved the fastest rates of revenue growth in Europe, the Middle East and Africa during the past five years. Combining technological innovation, entrepreneurship and rapid growth, Fast 500 companies – large, small, public and private – span a variety of industry sectors, and are leaders in hardware, software, telecom, semiconductors, internet, media, life sciences and emerging areas, such as clean technology.
The programme is supported by the Deloitte Technology Fast 50 initiatives, which rank high growth technology companies by location or specifically defined geographic area and is run by the Deloitte Touche Tohmatsu Limited’s Technology, Media & Telecommunications (TMT) global industry group. Co-sponsors include Taylor Wessing, a leading International law firm with a focus on the industries of tomorrow, and Fidelity Growth Partners Europe, a venture and growth capital investor which backs entrepreneur with aspiration for greatness in the IT and clean technology sectors across Europe.
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