SMARTS Wins Top Export Award
Thursday, 29 October 2009 10:00
SMARTS, the global leader in security market surveillance systems and services last night was awarded NSW’s top export business award, the 2009 Premier's NSW Exporter of the Year Award. In addition to winning the information and communications technology category, the Premier’s Award was presented to SMARTS in recognition of its outstanding contribution to NSW and Australian export income.
SMARTS Group is a private Australian company set up in 1994 with the aim of building and deploying technology and services to enhance the integrity of world securities markets. Today it is the unrivalled market leader with 40 national exchange and regulatory customers as well as 50+ broking clients from 35 countries. In 2008/09 SMARTS generated approximately AUD25 million in revenue with around 95% from export markets.
SMARTS customers are the leading exchanges and broking houses worldwide including the London Stock Exchange, NYSE Euronext, NASDAQ OMX, the worlds largest exchange conglomerates, as well as the majority of equities exchanges in the Asia/Pacific. Broking clients include most of the large multinational names.
“We are delighted to win this prestigious business award which recognises our success as an Australian and NSW exporter. This award provides valuable recognition for an outstanding team of highly talented and skilled developers, analysts, business development professionals and project managers who work very hard across many time zones to contribute to security market integrity,” said SMARTS Group Chairman, Dr Mike Aitken.
Despite the Global Financial Crisis, SMARTS revenues and exports have grown significantly. “The Global Financial Crisis is actually presenting SMARTS with additional sales opportunities. It is now widely recognised that improved regulation and monitoring is required as part of a series of measures to avert future financial crises. As such SMARTS market surveillance solutions are fast becoming a vital element to helping rebuild the trust in the capital markets,” said Dr Aitken.
“We are very proud of our export success. It is immensely satisfying that as a relatively small Australian company we have achieved the status of key technology infrastructure provider – in the biggest market there is in the world, the international capital market,” concluded Dr Aitken.