LatentZero Named By Sunday Times Survey as One of the UK's Fastest Growing Technology Companies
London, 8th October 2004 - LatentZero, one of the world's leading providers of buy-side front office technology for the global asset management industry, is one of Britain's fastest growing technology companies, according to the Sunday Times Tech Track 100 survey, which was published this week.
LatentZero took 76th position in the survey, the highest ranking of any profitable financial software development company included in the top 100.
"We are delighted that we are being recognised as one of Britain's brightest technology companies. It is a testament to the strength of our technology and the commitment and expertise of our people," said Richard Jones, Managing Director of LatentZero. "However, we see ourselves as a global company and we want to maintain the number one spot in our market."
LatentZero's revenues have increased at over 100 per cent year over year since it was founded in London in 1999. In addition to its new Frankfurt office, it has headquarters in London and Boston, sites in New York and Paris, and a presence in Hong Kong and Singapore.
LatentZero is a global technology firm that specializes in developing complete front-office solutions for the buy-side community. LatentZero's suite of products, known collectively as Capstone, is used by six of the world's top 10 asset management organisations. More than 2,500 portfolio mangers, traders and compliance officers worldwide rely on Capstone to manage assets in excess of $5.3 trillion.
Capstone is comprised of three products which can be implemented either separately or together as a complete solution. The Capstone components are: Tesseract, a decision support and order generation application; Minerva for order management and trading; and Sentinel for pre and post trade compliance management.
LatentZero's technology is built to meet precise business needs. The technical architecture which underpins all the Capstone products works seamlessly with any other front, middle or back-office technology. It provides a 24x7 high performance solution that is scaleable, flexible and easily integrated with legacy systems.