Global funds transaction network Calastone has been listed at number 42 in the Sunday Times Hiscox Tech Track 100, published on 7 September.
The Hiscox Tech Track 100 league table ranks Britain's 100 private tech (TMT) companies with the fastest-growing sales over the latest three years.
Tech Track 100 is compiled by Fast Track and published in The Sunday Times each September, with an awards event in November and regional dinners throughout the year.
Julien Hammerson, CEO of Calastone, says: “We are honoured to have been listed in the Tech Track 100 ranking. As a technology firm, we are committed to helping the funds industry reap the cost and risk reduction benefits of interoperable automated transaction processing. Before we introduced our global transaction network, most fund orders were transacted manually, which involved a great deal of cost and was rife with processing error risk.”
Ken Tregidgo, chief strategy officer, says: “Automation has had a huge impact on the industry and since we launched in 2008, we have enabled the industry to reduce the cost of electronic transactions by 60 per cent. We are committed to helping the industry better serve its investors by offering a more efficient and automated approach to funds processing.
“We are committed to collaborating with the global funds industry, helping firms respond to regulatory changes, innovate and take advantage of the international investment opportunities on offer for their investors. Only by listening working closely with our customers can we respond by introducing innovative products and services, all designed to help the fund industry better serve its end investors and meet its ever-evolving regulatory requirements.”
