FinArch is one of the fastest growing companies in Belgium

Ghent, Belgium - 6 June 2012

Financial Architects (FinArch), international market leader in integrated finance, risk and performance solutions for the financial services industry, have announced that it was selected as one of the Trends magazine’s ‘Gazelles 2012’ in East Flanders, Belgium. With this award, organised by the Belgian business magazine Trends, FinArch is recognised as one of the fastest growing large companies of the past 6 years in the region.

The Trends Gazelles are fast-growing companies which boost a region's competitive ability and help to improve the entrepreneurial climate. Trends Gazelles are typically companies that embody competitive entrepreneurship, demonstrate innovation, and which contribute significantly to a region's economic dynamism. Only the fastest growing companies in the period 2006-2010 in terms of turnover, growth of workforce and cash flow, can become a Trends Gazelle.

This nomination is in recognition of FinArch’s remarkable drive for technological innovation, entrepreneurship and rapid growth. FinArch has already received this award six times; but as a result of this sustained growth was this year promoted to the category of “large enterprises” and ranked in a remarkable 4th place, the best newcomer.

Dirk De Beule, FinArch’s Managing Director, commented: “We are very proud to again receive this prestigious award, now in the category of large enterprises. The past 15 years have been marked by constant growth, in terms of our solution offering, our clients and our personnel. We can really attribute this achievement to a strong team effort, to our products’ high quality, and to our expanding and loyal client base with whom we develop long term win-win relationships.” De Beule added: “This award is a great reflection of our approach, capability and above all our people. Without their support and each individual’s talent, we would not be able to achieve these positive results.”

This year, FinArch is celebrating its 15 years in business. With its flagship Financial Studio, FinArch is considered the Market Leader for integrated Risk & Finance in the financial services industry. The convergence between risk and finance functionality clearly underpins the continuing demand for its solutions. Deployed by some of the largest international banks in the world, Financial Studio is thus rapidly becoming the solution of choice for many banks world-wide who need to effect strategic financial transformation in a component based, low risk and business driven manner.

The prizes for the East Flanders ‘Trends Gazelles 2012' were awarded on May 30, 2012 in Ghent, Belgium.

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