Quantifi Accelerates Global Growth in 2018 with New Client Wins

January 18, 2019
  • 62% growth in new business
  • 96% retention rate
  • Double digit increase in recurring revenue & global headcount
  • Expands into new offices in UK & Australia to support growth

New York and London, 18th January, 2019 — Quantifi, a provider of risk, analytics and trading solutions, today announced it has had one of its strongest years to date in 2018, with growth of 62% in new business. Growth was further boosted by a significant increase in recurring revenue.

This growth was driven by major client acquisitions including a prominent global investment manager, one of the world’s leading agribusinesses, as well as expanded usage from its existing client base, including leading European banks.  Quantifi also received recognition in a number of significant industry awards.  In January, it was named Best Pricing & Analytics Product at the Risk.net Market Technology Awards, and in June received the prestigious Red Herring Top 100 North America award.

 


 “In an increasingly competitive and complex global environment, our clients are looking to become more agile and efficient. To maintain future growth it is important we continue investing in new technology to help deliver higher performance, reduce the time and cost of deployment, and provide clients with a critical competitive advantage”

Rohan Douglas, CEO, Quantifi


 

To support its growth strategy, Quantifi has invested in expanding and strengthening its client service and development teams. In 2018, Quantifi made significant investment in product innovation, releasing a number of new features and enhancements to asset coverage, functionality and usability.  Quantifi also maintained its strategic focus on technology investment and is in the process of transforming its technology stack to true cloud, extending the use of open source components, and leveraging Big Data and AI technologies.

“2018 was a landmark year for Quantifi, with strong revenue growth, high retention rate, numerous industry awards, and notable global client wins”, comments Rohan Douglas, CEO, Quantifi. “In an increasingly competitive and complex global environment, our clients are looking to become more agile and efficient.  To maintain future growth it is important we continue investing in new technology to help deliver higher performance, reduce the time and cost of deployment, and provide clients with a critical competitive advantage.”