CME Group, the world's leading and most diverse derivatives marketplace, today announced that is has been selected by IDG's Computerworld as a Best Place to Work in IT honoree for the seventh consecutive year, one of 100 top organizations that challenge their IT employees while providing great benefits and compensation. This recognition is part of the bi-weekly IT publication's 18th annual Best Places to Work in IT survey, which was published in the June 20 issue and online at www.computerworld.com. Once again, CME Group is the only financial exchange company to receive this honor.
Since 1994, Computerworld's annual "Best Places to Work in IT" feature has ranked the top 100 work environments for technology professionals, based on a comprehensive questionnaire regarding company offerings in categories such as benefits, diversity, career development, training and retention.
"Receiving this award would not be possible without our talented IT team and their commitment to providing cutting edge technology across all areas of the business," said CME Group COO and Managing Director, Products and Services Bryan Durkin. "Technology plays a key role in advancing our global business development, and we look forward to continuing to build on our capabilities as we work to reach new markets and clients around the world. We want to thank our employees for their strong focus on meeting our clients' global trading and risk management needs."
"To be among the Best Places to Work in IT, it's not enough to seek out and hire the most talented IT professionals, offer them competitive pay and provide great benefits," said Scot Finnie, editor in chief of Computerworld. "Smart IT people realize that they need to get up to speed on their employer's revenue opportunities. The organizations that made this year's Best Places to Work list are creating a work environment that both trains and encourages IT personnel to pursue business-driven priorities."
Some of the factors that contributed to CME Group's recognition by Computerworld included the following:
- Electronic trading represents approximately 84 percent of CME Group's total volume to date in 2011, versus only 15 percent in 2000. In that same timeframe, average daily total volume has grown from 917,000 to approximately 13.6 million contracts traded;
- CME Globex operates in approximately 100 countries and foreign territories and offers global access to the broadest array of futures and options products across all major asset classes. It is one of the most efficient and robust electronic trading platforms available today, capable of executing customer trades in milliseconds. CME Group's technology team is charged with continuously enhancing the system's speed, reliability and scalability to support ongoing growth and customer demand.
- The company built a world-class data center and co-location facility with an initial customer launch slated for 2012.
- CME Group is partnering with its global strategic partner, BM&FBOVESPA, to jointly develop a new multi-asset class electronic trading platform.