Software services company unveils new branch to address growing global demand for digitization in the financial services sector
TORONTO, Oct. 16, 2017 /CNW/ -- While news of Brexit swirls, a rapidly expanding Chicago tech company is planning what it's calling a "Brenter."
Devbridge Group, a Chicago-based software design and development company, announced Monday that it will open a new office in London, expanding its European operations into the U.K. The announcement was made at Sibos, the world's premier financial services event.
"There's a market need for Product Thinking—combining user experience with engineering to deliver financial services software to market faster," Aurimas Adomavicius, Devbridge Group president, said. "We feel the best way to meet that need in the U.K. is to be there on the ground. We're calling it a 'Brenter.'"
The announcement comes shortly after Devbridge unveiled its new PowerUp app, the company's proprietary product management tool, which offers unrivaled transparency in software development. Specifically designed for the enterprise Chief Information Officer, PowerUp offers project health reporting in real time, plus 30 key performance indicators that help teams ship digital products to market faster, and on budget.
The U.K. office will focus on servicing the company's growing list of clients and fill the gap for digital product engineering and design in financial services, particularly within the British and European markets.
"We're thrilled to take a foothold in one of the world's greatest cities," Raymond King, Managing Director and head of Devbridge Group's London office, said. "It's an exciting move that will help us better serve our U.K. clients and make great software on a global level."
The new London location will be the company's fifth office. Devbridge Group employs over 300 people in the U.S., Canada, Lithuania, and now the U.K.
Since it was founded in 2008, Devbridge has doubled in size annually, landing on Inc. magazine's Inc. 5000 list of fastest-growing U.S. companies five consecutive times. In June 2017, Devbridge was named to the Crain's Chicago Business Fast 50 list of fastest-growing Chicago companies.
About Devbridge Group
Devbridge Group (www.devbridge.com) is a software design and development company that partners with FORTUNE 1000 enterprises to accelerate digital products to market. Founded on the belief that software shouldn't be mediocre, the company creates superior products that address clients' business challenges through product thinking and agile delivery. Devbridge Group has offices in the United States, Canada, the United Kingdom, and Lithuania.
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SOURCE Devbridge Group