October 19, 2011
Primatics Financial Ranked Number 421 Fastest Growing
Company in North America on Deloitte's 2011 Technology Fast 500TM
McLean, VA, October 19, 2011 — Primatics Financial today announced it ranked 421 on Deloitte's Technology Fast 500TM, ranking of the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. Primatics Financial grew 178 percent during this period. Primatics Financial's chief executive officer, Peter Fitzsimmons, credits best-in-class technology and strong domain expertise with the company's 178% revenue growth. He said, "we are honored to be recognized by Deloitte in their Technology Fast 500 award. Our ranking comes at an exciting time for Primatics as we offer unparalleled software and services to our banking clients from middle market regional banks, to Tier 1, national banks". "Primatics, like all 2011 Technology Fast 500™ companies, have excelled in fostering innovation and channeling it into spectacular growth -- against the backdrop of one of the most challenging economies in history," said Eric Openshaw, vice chairman and U.S. technology, media and telecommunications leader, Deloitte LLP. "Deloitte recognizes Primatics for its remarkable accomplishment." "We are pleased to honor Primatics as a 2011 Technology Fast 500 company," said Mark Jensen, managing partner, technology and venture capital services, Deloitte & Touche LLP. "As one of the fastest growing tech companies in North America, Primatics has demonstrated excellence in technological innovation, entrepreneurship and rapid growth."
About Deloitte's 2011 Technology Fast 500TM
Technology Fast 500, which was conducted by Deloitte & Touche LLP, a subsidiary of Deloitte LLP, provides a ranking of the fastest growing technology, media, telecommunications, life sciences and clean technology companies – 5 both public and private - in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2006 to 2010. In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company's operating revenues. Companies must have base-year operating revenues of at least $50,000 USD or CD, and current-year operating revenues of at least $5 million USD or CD. Additionally, companies must be in business for a minimum of five years, and be headquartered within North America.
About Primatics Financial
Primatics is a market leader providing enterprise-grade software solutions and advisory services that address the complex regulatory, compliance and fair value needs of financial institutions. While financial institutions have always faced a myriad of regulatory and accounting compliance scrutiny, as a result of the financial crisis and other macro market drivers, these trends and pressures have increased dramatically and have fundamentally increased the need for automation. Primatics is widely considered the "go-to" firm, due to its innovative software platform, loan accounting and valuation expertise, and highly experienced and agile product development team.
Primatics' clients range from small community banks to very large financial institutions, demonstrating the versatility of our software and services to add value across the market spectrum. While Evolv supports financial institutions during all economic environments, Primatics has adapted to address the strong demand for complex M&A accounting and credit risk capabilities related to FAS 141R/SOP 03-3. Additionally, Primatics has bolstered its overall suite with robust loan valuation and cash flow modeling capabilities.
In addition to its software products, Primatics offers a full range of professional and outsourced services through a world-class team of experts that specializes in banking operations, loan accounting and processing, regulatory compliance, and systems development / implementation.
For more information about Primatics, call 703.342.0040 or visit www.primaticsfinancial.com.
October 19, 2011
Primatics Financial Ranked Number 421 Fastest Growing
Company in North America on Deloitte's 2011 Technology Fast 500TM
McLean, VA, October 19, 2011 — Primatics Financial today announced it ranked 421...
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August 23, 2011
Primatics Financial LLC Ranks No. 1,269 on the 2010 Inc. 5,000 With Three-Year Sales Growth of 229%
Inc. today ranked Primatics Financial LLC #1,269 on its annual ranking of the 5000...
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