Software house achieves annual sales growth of 286%, making it the fastest
growing software company in the table
1 October 2003 - Trayport Limited, the specialist electronic trading software house, has been named Britain's second fastest growing technology company in The Sunday Times ARM Tech Track 100. The company saw annual sales of its flagship product, Global Vision, grow by 286% between 2000-2002, and is both the fastest growing software company and profitable technology company in the table.
In just two years Trayport has seen sales rise from Â£207,000 in 2000 to Â£3,087,000 in 2002, enabling the company to leap twelve places up the Tech Track 100 table up from 14th place in 2002.
Global Vision is an acclaimed trading and transaction platform that is built to meet the needs of companies trading or looking to trade electronically in fast-moving markets, evolving markets or any number of markets simultaneously. The platform's high performance and low cost of ownership is a powerful alternative to traditional, single-market solutions, and there are now around 3,500 trading screens around the world using Global Vision.
The solution is the defacto standard for commodities and energy trading in EMEA. Customers, include ICAP, APB, GFI, TFS, Prebon, Spectron, globalCOAL, and LINK, many of which are currently rolling out the multi-asset version of the software. Trayport is also in the process of implementing solutions within several of the largest European energy traders and exchanges. The company is now moving into wider financial markets such as interest rate swaps, freight and credit derivatives.
"We are delighted to be ranked so highly in this year's Tech Track 100," says Edmund Hor, Managing Director of Trayport. "It's been another fantastic year for the company and we are excited at the prospect of entering other markets over the next twelve months. Software is our passion and we believe anything is possible. We are trying to create the world's most functionally-rich and flexible trading platforms so that our customers can develop electronic markets faster and more profitably than anyone else."