Loads of Transactions and Heaps of Volume in 2010
It’s been several weeks since my last blog post, and I can assure you, I haven’t been on vacation. We’ve been busy planning and are excited about our 2011 plans.
When Sam and I first founded this company, we had a vision to build a scalable platform that would support the daily post-trade transactions of capital markets firms. This past year brought unprecedented growth to the Firm58 platform with the addition of new bulge bracket customers, global exchanges, and leading broker-dealers. We’re very proud of this growth.
In 2010, we increased the number of transactions processed by 184% and trade volume processed through our platform was up 138% over the previous year. That’s fast growth and we’re ready for it.
This coming year, we plan to expand the capacity of our platform further and add many innovative new features. One of the key benefits of Software as a Service is that we work to continually improve and enhance it. Our customers, over time, reap the benefits of this constantly evolving software.
Firm58 remains committed to outpacing and out-innovating legacy systems and manual processes in 2011 and beyond. Visit our press page to read more about our growth and watch this space for news about our platform and solutions.