Nexus FrontierTech Ranked Number 46th Fastest Growing Technology Company in the UK in the 2022 Deloitte Technology Fast 50
Nexus FrontierTech attributes its 856% revenue growth to Nexus’ growing domain expertise in the financial sector and advanced technological capabilities
London, United Kingdom, 18 Nov 2022 — Nexus FrontierTech today announced that it ranked number 46 in the 2022 Deloitte UK Technology Fast 50, a ranking of the 50 fastest-growing technology companies in the UK. Rankings are based on percentage revenue growth over the last four years.
Nexus FrontierTech grew 856% during this period. Nexus FrontierTech’s CEO, Danny Goh, credits Nexus’ growing financial expertise and advanced technological capabilities with the company’s 856% revenue growth over the past four years. He said, “Thanks to multiple contracts and partnerships with various financial institutions, Nexus FrontierTech has developed a powerful AI platform with options for both custom-built or data-ready modules that plug into new operational workflows without disruption. As the platform continues to grow with expansive data sets, we look forward to continuing our excellent progress to become the key AI and data provider for the financial industry.”
Duncan Down, lead partner for the Deloitte UK Technology Fast 50 programme, said: “The exceptional growth of this year’s Fast 50 is a marker of the ongoing strength and resilience of the UK’s technology industry, which continues to thrive despite considerable headwinds.
“Deloitte’s 2022 Fast 50 awards showcase the talent and innovation in the UK’s technology industry today.
“The Deloitte UK Technology Fast 50 awards give businesses the opportunity to be recognised and rewarded for their contributions to the UK technology sector and achievements over the last four years.
“The 50 fastest growing UK technology companies, as ranked by Deloitte, generated around £992mn in total annual revenues in the year 2021/22 and employed more than 16,300 people. The Deloitte UK Technology Fast 50 recorded an average three-year growth rate of 4,568 per cent.”
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