Boston Technologies named to the Inc. 500 list of America’s fastest growing private companies in 2011
We congratulate George Popescu, Kevin Millien and their team at Boston Technologies for this wonderful accomplishment. Boston Technologies is ranked No. 143 on the 2011 Inc. 500 list, with three year sales growth of 1,944%. George was kind enough to share some insight on their success:
I think we are here because I really believe in allowing our customers to focus on what they do best which is marketing and sales. To allow our customers to focus on sales and marketing we have developed the technology products and services they need. This is how we came up with the Bridge Bridge The bridge or liquidity bridge is an essential component for brokers that are enabling their clients to trade at interbank rates directly via a Prime Broker or a Prime-of-Prime (PoP). While market makers do not require a bridge in order to service its clients, brokers which are sending through orders to a liquidity provider or an electronic execution venue need a bridge to connect their trading platform to the interbank market.Bridges are used extensively in forex trading, specifically for Metat The bridge or liquidity bridge is an essential component for brokers that are enabling their clients to trade at interbank rates directly via a Prime Broker or a Prime-of-Prime (PoP). While market makers do not require a bridge in order to service its clients, brokers which are sending through orders to a liquidity provider or an electronic execution venue need a bridge to connect their trading platform to the interbank market.Bridges are used extensively in forex trading, specifically for Metat Read this Term, the outsourcing of Mt4 platform, VPS offering, and many other products and services.
The latest of our very successful products has been our BT Prime Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term. We first approached our partners to provide liquidity to our customers. They were charging them 120$/million.That forced us to build BT Prime and provide liquidity. The liquidity now stands out: no minimum trade size, same price for all, same outstanding spreads for all and impeccable execution. We do best what we do, our customer do best what they do. And growth is natural in such a context.
What else helped us get here? Well, the real secret is to focus on people. BT wouldn't be able to do anything without our focus on who we employ and how we care about our team. We care about having exceptionally intelligent, really motivated and fast learners. This is paying off. I expect us to continue to double (at least) in revenue for the next few years. So far this year our growth has been 33% per quarter.
More details on the Inc. 500 ranking can be found here
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We congratulate George Popescu, Kevin Millien and their team at Boston Technologies for this wonderful accomplishment. Boston Technologies is ranked No. 143 on the 2011 Inc. 500 list, with three year sales growth of 1,944%. George was kind enough to share some insight on their success:
I think we are here because I really believe in allowing our customers to focus on what they do best which is marketing and sales. To allow our customers to focus on sales and marketing we have developed the technology products and services they need. This is how we came up with the Bridge Bridge The bridge or liquidity bridge is an essential component for brokers that are enabling their clients to trade at interbank rates directly via a Prime Broker or a Prime-of-Prime (PoP). While market makers do not require a bridge in order to service its clients, brokers which are sending through orders to a liquidity provider or an electronic execution venue need a bridge to connect their trading platform to the interbank market.Bridges are used extensively in forex trading, specifically for Metat The bridge or liquidity bridge is an essential component for brokers that are enabling their clients to trade at interbank rates directly via a Prime Broker or a Prime-of-Prime (PoP). While market makers do not require a bridge in order to service its clients, brokers which are sending through orders to a liquidity provider or an electronic execution venue need a bridge to connect their trading platform to the interbank market.Bridges are used extensively in forex trading, specifically for Metat Read this Term, the outsourcing of Mt4 platform, VPS offering, and many other products and services.
The latest of our very successful products has been our BT Prime Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term. We first approached our partners to provide liquidity to our customers. They were charging them 120$/million.That forced us to build BT Prime and provide liquidity. The liquidity now stands out: no minimum trade size, same price for all, same outstanding spreads for all and impeccable execution. We do best what we do, our customer do best what they do. And growth is natural in such a context.
What else helped us get here? Well, the real secret is to focus on people. BT wouldn't be able to do anything without our focus on who we employ and how we care about our team. We care about having exceptionally intelligent, really motivated and fast learners. This is paying off. I expect us to continue to double (at least) in revenue for the next few years. So far this year our growth has been 33% per quarter.
More details on the Inc. 500 ranking can be found here