- Quantifi Named to Deloitte's Technology Fast 50 for New York, New Jersey, and Connecticut
- Attributes innovative products and cutting-edge tools to exponential revenue growth
London and New York (28th October 2008) - Quantifi, a leading provider of analytics and risk management solutions to the global credit markets, has been named to Deloitte's prestigious Technology Fast 50 Program for New York, New Jersey, and Connecticut, a ranking of the 50 fastest growing technology, media, telecommunications, and life sciences companies in the area by Deloitte LLP, one of the nation’s leading professional services organizations. Rankings are based on the percentage revenue growth over five years from 2003–2007.
Rohan Douglas, CEO of Quantifi, credits the firm’s expertise in financial modelling and cutting-edge technology infrastructure with the company's over 1000 percent revenue growth from 2003–2007. Douglas says, “Our clients have come to rely on Quantifi’s market standard, independent, reliable and accurate models and risk management tools, especially in today’s rapidly changing financial market landscape. Our ability to provide innovative solutions is key to our success.”
Since the firm’s inception, Quantifi has brought a number of innovations to the global credit markets, including the Quantifi Correlated Recovery (QCR) Model, a model that incorporates correlated stochastic recovery within the market standard Gaussian copula framework, enabling users to price and calibrate reliably even in times of extreme market volatility.
"We applaud the successes of Quantifi and acknowledge it as one of the very few to accomplish such a fast growth rate over the past five years."
Kevin Buckley, Technology Fast 50 Program Director, Deloitte Services LPm
“Deloitte’s New York, New Jersey, Connecticut Technology Fast 50 companies have shown the strength, vision and tenacity to succeed in today’s very competitive technology environment,” said Kevin Buckley, Technology Fast 50 Program Director, Deloitte Services LP. “We applaud the successes of Quantifi and acknowledge it as one of the very few to accomplish such a fast growth rate over the past five years.”
To qualify for the Technology Fast 50, companies must have had operating revenues of at least $50,000 in 2003 and $5,000,000 in 2007, be headquartered in New York, New Jersey, or Connecticut, and be a company that owns proprietary technology or proprietary intellectual property that contributes to a significant portion of the company's operating revenues; or devotes a significant proportion of revenues to the research and development of technology. Using other companies' technology or intellectual property in a unique way does not qualify.
As used in this document, “Deloitte” means Deloitte LLP. Please see www.deloitte.com/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries.