Graham Underwood, Managing Director of GFT UK, commented â2008 has seen an increase in revenues for us and we recruited to the point where weâve outgrown our current offices. Although itâs hard to find anyone in the City who isnât predicting difficult times in the short term, weâre taking a longer view and expect to see growth over the next five yearsâ.
Commentators have anticipated that, as a result of the turbulence and volatility in the financial service sector this year, there will be an increase in business in specific sectors; notably that which is driven by the regulator, as well as mergers and acquisitions.
Graham Underwood again, âpart of our expansion is about being well-placed to take advantage of the business available; be that assisting clients in complying with regulations or streamlining the technology following a merger or acquisition. The teams in London, Frankfurt, New York, Barcelona and Sáº§o Paulo encapsulate GFTâs near and farshore outsourcing offering. Globally networked across the business we are also able, through this combination of locations, to both support activity worldwide and develop local marketsâ.
Despite difficult economic times, GFTâs confident expansion strategy in New York, Sáº§o Paulo and now London, demonstrates the companyâs continued commitment to becoming, not just an international business, but a truly global company.