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BRICKENDON ANNOUNCES RECORD QUARTER

BRICKENDON ANNOUNCES RECORD QUARTER

The challenger financial management and technology consultancy announces 60% year-on-year sales increase in revenue, achieving substantial growth in an ever-shrinking market [1]

Brickendon, the award-winning financial management and technology consultancy, is projecting revenue growth of almost 320% by the end of the year, despite challenging market conditions.[2]

The financial services sector is shrinking, with reduced profits announced at many global banks[3] while the contractor market has slowed to its lowest level in seven years.[4] Supporting financial services to respond to macro-economic and sector challenges, Brickendon is transforming the sector through its innovative and tailored solutions that inspire efficiency and competitiveness. As a result, Brickendon is experiencing incredible growth, achieving record sales revenue over the last three months, a 60% increase from 2016.[5] Building on this success, Brickendon is on track to target group-wide sales of £30m by the end of the year[6] and has set ambitious objectives, including growing its employee numbers to 1,000 by 2023.[7]

In its seventh year, Brickendon has a lot to celebrate – over the last twelve months, the challenger consultancy experienced company-wide growth, including:

  • Increasing consultant numbers to over 100
  • Growing the business into new areas, cumulating in its first acquisition
  • Expanding internationally, including opening its first US office in New York

Founded by Christopher Burke in 2010, Brickendon is renowned for evolving the traditional consultancy model. With over 20 clients, including global banks, hedge funds and energy trading companies, Brickendon’s experts specialise across five practice areas – strategy, risk & regulation, data, quality & testing and digital. Employing domain experts with over 10 years’ respective experience in specialist sectors, Brickendon is built on providing lasting, cutting-edge solutions designed to improve profitability, efficiency, competitiveness and innovation across the financial services sector. As a result, its solutions have received industry-wide recognition – including winning at the coveted European Software Testing Awards.

“It’s no surprise that the financial services sector has evolved significantly, as a result of new rules and changes to the political and economic landscape. However, at Brickendon, we’re supporting these companies to overcome issues and challenges, not just happening now but in the future – from location optimisation to regulation and many more,” says Christopher Burke, CEO of Brickendon. “We’re now taking Brickendon to the next level of its growth, by strategically assessing acquisition targets, further international expansion and investing in our employee development. Our staff and working culture are at the heart of our success and future growth – at Brickendon we are passionate about driving meaningful change across the industry.”

[1] Based on results from Q1, 2016 vs Q4, 2017

[2] From January 2016 – December 2017

[3]BBC News, 4 May 2017

[4] Based on Brickendon research

[5] Based on results from Q1, 2016 vs Q1, 2017

[6] Based on Q1, 2017 results

[7] Correct as of May 2017

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