Tech Track 100

Asset managers such as Aviva and BNY Mellon use this firm’s financial software to streamline client reports and communications. Two technology specialists left their jobs at a large, City asset manager to found the business in 2003, and last year Vermillion raised £2.5m from a consortium led by Maven Capital. Under chief executive Marcus Noble, 55, and boosted by new regulations that favour automated reporting processes, sales grew to £5.6m in 2014. The firm has bases in London, Edinburgh and Boston in America, and last September it opened an office in Singapore to target the financial centres in the Asia Pacific.

This profile reflects the company at time of publication and does not reflect any changes that may have subsequently occurred. Fast Track and its sponsors do not endorse, guarantee or recommend investment in any of the companies.

Company details
ActivityFinancial software developer
LocationCentral London
Average 3 year sales growth48.41%
Latest sales £000s*5,569

If applicable:

* supplied by company † annualised figure