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Industry news

Record 2013 for Rule Financial


05 June 2014 London
Reporter: Stephen Durham

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Image: Shutterstock
Rule Financial has posted record annual revenues of £48.2 million.

The year-on-year growth of 23 percent has been driven by a surge in demand amongst sellside and buyside firms for business and IT change projects to comply with the raft of global regulations impacting capital markets.

Capital markets firms are predicted to invest $110 billion in IT in 2014, with North America accounting for almost half of that amount, according to IDC Financial Insights.

With the expansion of new global offices, the company has also seen headcount increase during 2013, growing by 33 percent to the current figure of over 800 employees worldwide.

Kristie Weatherford has joined to lead the user experience (UX) team in North America while, in London, Miguel Graca has joined as a UX design and architecture specialist.

Rule Financial has also made further additions to its business consulting team. Recent new additions include Amit Kohli, Richi Dhillon, Natalia Kozlovich and Tim Kimber.
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