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Industry news

City consultancy flourishes despite market turmoil


20 September 2010 London
Reporter: Justin Lawson

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Image: Shutterstock
Rule Financial, has announced that it has once again achieved a ranking in the prestigious Sunday Times Microsoft Tech Track 100; a listing of Britain's fastest growing private technology companies. Rule received this accolade for the third successive year with a compound growth rate of 39%, demonstrating consistent performance and growth across the full economic cycle.

The competition comes at a time when the full repercussions of the economic recession are being felt across the financial sector. In this austere environment, only the most dynamic, customer centric consulting and technology firms have been able to sustain consistent growth.

This year, Rule Financial maintained its position in the rankings, despite strong competition from other emerging technical specialists operating in less troubled markets; demonstrating the enduring confidence placed in the business by its key clients, who have helped it to flourish despite the tough economic environment.

Dr. Chris Potts, CEO of Rule Financial comments: "Being in the Top 100 for the third consecutive year is testament to the fact that you can succeed in a tough economic environment if you have the best calibre people, are nimble and can react to the needs of the sector in which you work. As a business that understands technology, banking and, just as importantly, people, it's great to get recognition for our hard work, and I'd like to thank everybody who works for us and with us."

Founded in 1997 by a group of senior banking professionals, Rule Financial has carved out a niche in the consultancy market by providing global banks with consultants and IT specialists to deliver often very complex strategic projects to meet demanding client requirements. These projects provide clients with greater cost-efficiencies, productivity and improved risk management, helping them to extract maximum value from their investments in IT systems.

Dr. Chris Potts continues: "Rule Financial has been well placed to adapt to the changing market thanks to our ability to offer an end-to-end service (that covers everything from consultancy to implementation) and our insistence on recruiting professionals who are considered experts in their field."
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