Adaptive included on prestigious Sunday Times fastest growing UK tech companies list
- 09.09.2019 09:42 am
Adaptive, a consultancy delivering real-time trading technology, today announced that it has ranked 82 in the 19th Annual Sunday Times Hiscox Tech Track 100 league table. Tech Track comprises the top 100 private tech, media and telecoms (TMT) companies in Britain that have displayed the biggest commitment to research innovation and product development.
The ranking represents Adaptive’s dramatic organic growth - experiencing over 24% year-on-year increase in revenue and employee numbers. This trend has continued in the first half of 2019, with a record number of new projects. The growth, driven by a relentless focus on research and innovation, cements Adaptive’s reputation for delivering innovative bespoke trading systems to clients.
Commenting on the ranking, Matt Barrett, CEO of Adaptive said: “Our passion for delivering high value and complex work to global electronic trading firms is key to our ranking. Our approach enables us to quickly earn our clients’ trust. Consequently, we are frequently asked to deliver additional projects across a client’s enterprise. Because clients trust us, most of our new business comes from referrals and word of mouth.”
Barret continued, “The work we do for banks, brokers, hedge funds, asset managers, fintechs and venues is by nature bespoke and innovative. Our clients come to us specifically because there are no products on the market that work for them. We spend the time to understand their needs, and then apply our technical delivery skills to build precisely the system they need. Developing such novel systems demands research and innovation, as we are breaking new ground, pushing technology limitations, and combining new and existing technologies together in innovative ways—all while delivering flexible, highly resilient systems. I believe that this is the primary reason for our continued success.”