NEW YORK and AUSTIN, Texas, Dec. 3, 2012 (GLOBE NEWSWIRE) -- Broadway Technology, LLC, a leader in high-performance trading solutions for top-tier global banks and hedge funds, announced today that it was named a winner of Red Herring's Top Global 100 Private Companies award, recognizing the year's most innovative and fastest growing companies from North America, Europe and Asia.
Tyler Moeller, CEO of Broadway Technology, said, "Broadway is honored to be chosen as one of the top 100 global companies by Red Herring. This is an enormous validation of our hard work, our business model and our amazing corporate culture. We strive to be the most innovative, results-driven, customer focused company in the trading technology industry, and we've been working for years to solve the industry's most challenging problems while achieving 100% customer success. We're tremendously proud to be recognized for our accomplishments."
"Choosing the companies with the strongest potential was by no means a small feat," said Alex Vieux, Publisher and CEO of Red Herring. "We believe Broadway Technology embodies the vision, drive and innovation that define a successful entrepreneurial venture. Broadway Technology should be proud of its accomplishment, as the competition was the strongest it has ever been."
Red Herring's Top 100 Global list has become a mark of distinction for identifying promising new companies and entrepreneurs. Red Herring editors were among the first to recognize that companies such as Facebook, Twitter, Google, Yahoo, Skype, Salesforce.com, YouTube, and eBay would change the way we live and work.
Red Herring's editorial staff evaluated more than a thousand companies on both quantitative and qualitative criteria, such as financial performance, technology innovation, management quality, strategy, and market penetration. This assessment of potential is complemented by a review of the track record and standing of companies relative to their peers, allowing Red Herring to see past the "buzz" and make the list a valuable instrument of discovery and advocacy for the most promising new business models from around the world.
About Broadway Technology
Broadway Technology is a leader in high-performance financial trading solutions and consulting services for top-tier global banks and hedge funds. Broadway's software manages hundreds of billions of dollars in transactions daily worldwide for premier financial institutions. Founded in 2003 by experts in computer science, high frequency algorithmic trading and enterprise software, Broadway has been profitable every year since its inception, with revenues having grown more than 50% annually since 2008. The company has employees in five countries with headquarters located in New York and Austin. To learn more about Broadway, visit us at: www.broadwaytechnology.com or contact us at: firstname.lastname@example.org / tel: 646.912.6450.
CONTACT: Media Contact: Mary Chung Broadway Technology email@example.com 646-977-7867Source: Broadway Technology