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Predictive banking technology wins export award for ITRS

Winner ITRS with sponsors HSBC

London: ITRS Group plc has been announced as the London regional winners of the International Trade Awards 2009 sponsored by HSBC Bank Plc, for commitment to export. The board members of ITRS were presented with the award during a ceremony at HSBC World Headquarters in Canary Wharf. ITRS will now be put forward, with the winners of the other UK regions, for the International Trade Company of the Year.

With offices in London, New York and Hong Kong, ITRS is the leading global provider of real-time proactive systems and application management products to the world’s financial community.

Ian Campbell OBE, Chairman of the judges, said: “ITRS are an exceptional, innovative and thoroughly international business. Their provision of vital technological protection to the software and systems of major financial institutions has made them into a global leader in their field.”

He continues: “Their rapid and sustained growth, both domestically with international financial bodies and worldwide, is testament to first-class product research and design and significant investment in both money and people in dedicated overseas management structures. Clearly, having a world-beating product helps – but you still have to get out there and sell it to succeed.”

Stephen Bates, ITRS CEO, commented: “I am truly delighted that ITRS has achieved this accolade. It is the result of years of hard work, innovation and client focus; our challenge as an organisation is to maintain these core values.”

Installed in 600 locations worldwide and with clients that include eight of the top ten global investment banks, ITRS is a leading provider of specialist management and predictive analysis technology. The company supplies financial institutions with an optimised enterprise management framework, enabling clients to acquire the crucial, real-time system performance metrics they need to predict disruptive events and automatically execute the appropriate steps to either limit or completely avoid service disruption. World markets are increasingly automating trading activities and ITRS is at the forefront of this emerging discipline, helping clients maintain business continuity and maximising profit opportunities.

Stuart Nivison, HSBC Head of Trade and Supply Chain, Europe said: "HSBC is delighted to support these important awards. Importers and exporters make a significant contribution to the UK economy and we feel it is important that we recognise their hard work and celebrate their success. ITRS stood out as clear winners in this round and their success overseas in such a highly competitive sector shows just how competitive UK technology can be. I hope their success encourages other UK businesses to look internationally as well as domestically for new business opportunities."

Today’s award is for companies based in London and ITRS will now automatically go through to the national awards ceremony to be held at the House of Lords in March 2010.

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Additional photos are available on request

Editorial contact
Alla Lapidus
Moonlight Media Ltd.
Tel: +44 (0) 20 7250 4770
Email: alla@moonlightmedia.co.uk

The awards are organised by www.internationaltrade.co.uk and managed by FBT Media.

Contact
Lucy Hull
Tel. 0845 5000 328
Email: Lucy@freshbusinessthinking.com

InternationalTrade.co.uk is part of the overall network of leading international trade titles to the UK market:

www.InternationalTrade.co.uk

International Trade is the leading independent provider of country, industry and management analysis for exporters and importers. For 70 years we have delivered vital business intelligence to influential decision-makers around the world. Our independence makes us a trusted and valuable resource for international companies, financial institutions and government agencies.

HSBC Holdings plc

HSBC Holdings plc serves over 130 million customers worldwide through 9,500 offices in 86 countries and territories in Europe, the Asia-Pacific region, the Americas, the Middle East and Africa. With assets of some US$2,527 billion at 31 December 2008, HSBC is one of the world's largest banking and financial services organisations. HSBC is marketed worldwide as 'The world's local bank'.

About ITRS

ITRS was established in 1997 and is a leading provider of proactive real-time performance management and monitoring systems for global financial institutions.

ITRS develops and supports real-time performance management and monitoring systems designed specifically to address the operational control aspects of the applications and services required to run financial institutions. This helps them to reduce service disruption and ensures that critical operational processes are completed as planned, minimising reputation and trading risk.

ITRS has offices in London, New York and Hong Kong supporting clients, including brokers, exchanges, hedge funds and banks. ITRS has over 600 installations worldwide and a client base which includes 50 financial institutions and eight of the top ten global investment banks. For more information visit www.itrsgroup.com