FinArch awarded for impressive growth

17 April 2008

Financial Architects (FinArch), international provider of a Finance Resource Planning (FRP) platform for the finance industry, today announced that, for the 5th consecutive year, the company has been awarded the ‘Trends Gazelle’ as a fast growing company in the region. Trends Gazellen companies noted a fast growth in the last 4 years at the level of revenue, personnel and cash flow.

“We are honoured and proud to be awarded, once again, by an independent jury the title of Trends’ Gazelle, for the 5th year in a row,” says FinArch CEO, Dirk De Beule. “This award belongs to the entire team: our customer focus, our sense for creative entrepreneurship that exploits our outstanding technological abilities and flexibility of the entire team, together with the good relations with clients and other stakeholders, have made FinArch grow fast. This award honours the great work we have all done and encourages us to continue on this road”.

With this fifth consecutive title of Trends Gazelle and last year’s award of most Promising Entrepreneur of Belgium 2007, organised by Ernst & Young, FinArch confirms its position as the expertise and technology leader for financial management software. Since its inception in 1997, Financial Architects nv has built an undisputed international reputation for delivering high-value-added products based on highly acclaimed, cutting-edge technologies. The company’s strong global position results from its offering of a dedicated and combined solution of different but converging disciplines in the area of advanced accounting techniques, faster and more detailed reporting, risk calculators and compliance.

The ongoing success in delivering financial and risk management solutions has paved the way for uninterrupted growth. A promising outlook for the future stimulates FinArch to continue to invest in R&D and in its personnel. Further product developments are envisaged to address a growing demand, worldwide, in advanced financial management and finance transformation platforms.

With its flagship Financial Studio, FinArch is positioned by Gartner, Inc. in the leaders’ quadrant in the Magic Quadrant for Basel II software applications. The company’s focus coupled with a solution that can be scaled to meet broader corporate performance management, has thus been recognised by the global financial markets.

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