âWe are excited to be recognized on the Inc. 500 list, as it is a tremendous validation of our commitment to partnering with our clients to build and deliver the solutions they need in a manner that is unique to their organization, rather than a one size fits all approachâ said Black Mountain Managing Partner Andy Horwitz. âWeâve experienced significant company growth over the past few years, opening new offices in New York, London and Boston to be closer to our clients in addition to expanding our headquarters in San Diego. We are on track to continue that trend moving forward. The key to our success is our hard working team of talented professionals with extensive industry experience and the product they created, Everest.â
âAt the outset, we recognized a need existed in the marketplace to improve on what is a manual and time consuming processâ said Black Mountain Chief Operating Officer Wayne Elpus. âDue to the complexity and uniqueness of the fixed income asset classes, portfolio managers and traders often track their trading information in sophisticated spreadsheets which are difficult to manage. Trade information flow is commonly based on e-mails and conversations, making automated reporting, sharing of information and corporate compliance challenging over the life cycle of an investment. Everest was developed to solve these issues.â
âEverest allows our clients to create custom workflow processes for their credit pipeline and ongoing monitoring updates and reviews,â said Black Mountain Chief Technology Officer Kevin MacDonald. âEverest enables firms to publish and share critical news and underlying company performance changes as they happen. We integrate with numerous industry standard third party data providers and proprietary Excel models to unleash critical business data that is currently inaccessible and improve analyst bandwidth by automating reports and allowing them to focus on their core competency.â
âIf you want to find out which companies are going to change the world, look at the Inc. 500,â said Inc. Editor Jane Berentson. âThese are the most innovative, dynamic, fast-growth companies in the nation, the ones coming up with solutions to some of our most intractable ills, creating systems that let us conduct business faster and easier, and manufacturing products we soon discover we canât live without. The Inc. 500 list is Inc. magazineâs tribute to American business ingenuity and ambition. For more than 30 years, Inc.âs list has served as evidence of the significant accomplishments of enterprises. And, more than ever, this yearâs list is a testament to the creativity, resilience, and tenacity of Americaâs top entrepreneurs.â
The 2011 Inc. 500 list measures revenue growth from 2007 through 2010. To qualify, companies had to be U.S.-based, privately held, for profit and independent, not subsidiaries or divisions of other companies, with at least $2,000,000 in revenues as of December 31, 2010, and have at least $100,000 in net sales in 2007.