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ITRS Wins Prestigious HSBC ‘Excellence In Innovation’ Award

Date 01/04/2010

ITRS Group plc, the leading global provider of predictive, real-time, proactive systems and application management products to the world’s financial community, were announced as the overall national winners for ‘Excellence in Innovation’ of the International Trade Awards 2009 for commitment to export, sponsored and presented by HSBC Bank Plc. The board members of ITRS, as the London region winners, were invited to a luncheon at the House of Lords hosted by Lord Hesketh, where they were chosen as the national winners of this very prestigious award.

Ian Campbell OBE, Chairman of the judges said: “ITRS has shown true ‘Excellence in Innovation’ coupled with a clear commitment to international expansion. 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 continued: “Their vital role in keeping the banks’ computers running, and preventing fatal breakdowns of automated systems, in 600 locations worldwide and with clients that include eight of top ten global investment banks provides clear evidence of the success of their technological innovation. 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 coupled with the dedication to selling a superlative product.”

Stuart Nivison, Head of Trade and Supply Chain, Europe, HSBC, added: “ITRS stood out as clear winners and are an outstanding example of UK technological success overseas in a highly competitive sector.  Their customer base is second to none and is a great example for other UK businesses of what can be achieved by targeting the global and not just the local market.”

Stephen Bates, CEO of ITRS Group Plc, said: “It’s quite humbling to be chosen from amongst a peer group that represents the great things that this country is achieving – winning the award is taking time to sink in. Clearly, we are delighted that Ian Campbell OBE, Chairman of the judges, and his team chose ITRS as winners of the ‘Excellence in Innovation’ award; it is very prestigious and will feature prominently in our offices. The award has become part of ITRS’s history and our challenge is to ensure that this success is replicated in the future. In order to achieve this we will need to continue to focus on clients, products and staff.”

ITRS, a leading provider of specialist management and predictive analysis technology, 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.

ITRS has been chosen from amongst all the regional winners, who were announced in December 2009, and the ceremony and presentation were held at the House of Lords at the end of March.