TwoFour Announces Solid 2011 Growth

New York, London & Boston – March 21, 2012 – TwoFour, a specialist provider of global real-time financial software solutions and a trusted consultancy to the world’s premier financial institutions today announced significant growth across both its consultancy and product groups over the past year. TwoFour has recently opened a new office, relocated its headquarters and NYC office to larger spaces, grown its workforce in both Europe and the United States, expanded client accounts and launched a new product, TwoFour Foundation.

In Q4 of 2011, TwoFour announced the opening of a new Boston office and numerous hires in development, sales, and client services. TwoFour is maintaining the momentum for 2012 by kicking off the year with the launch of the Consulting practice in the UK. Well established in the U.S., TwoFour will now provide consulting expertise to a host of London-based clients while increasing services to its existing U.S.-based clients with a regional presence. Industry veteran Ian Hillier-Brook, has been appointed as the TwoFour UK Consulting Sales Director. In addition, Chris Burgess and John Forbes recently joined the London office as Regional Sales Managers of TwoFour’s software solutions. In Boston, Steven Bosze has been brought onboard to head up Consulting Sales to meet increased demand from financial institutions in the U.S.

TwoFour recently announced the launch of the TwoFour Foundation, a robust .Net and C#-based development framework to “jump-start” the development of business transaction processing systems across any industry while reducing costs and risk, time-to-market and increasing stability and maintainability. TwoFour Foundation introduces TwoFour to a broad range of new clients, and has already been leveraged in the financial services, healthcare, and customer relationship management verticals.

“In 2011 we achieved great traction – both in our global presence and our product offerings – making it a milestone year for TwoFour. We are thrilled to maintain our trend of annual growth by bringing our Consulting practice to Europe, adding new experience to our teams and offering new solutions,” said Steve Davis, CEO of TwoFour. “Announcing this strong and sustainable growth is a testament to the true value we deliver to our clients and we will continue to invest in our people and technology. We are pleased to show progressive and measured overall growth across our enterprise.”

TwoFour has achieved solid growth since its inception, and its solutions are used by banks, broker dealers, FCMs, asset managers and other financial institutions of all sizes on a global scale.

About TwoFour Systems
TwoFour offers highly scalable and flexible workflow-based transaction processing software solutions for FX and treasury cash management. All TwoFour products enable real-time transaction management – around the clock and are used by leading financial services organizations to improve speed and agility, enable better decision-making, reduce risk and drive down costs. Designed for quick implementation and integration, TwoFour’s solutions leverage the latest technologies, including C# and Microsoft’s .NET framework, to ensure the highest levels of scalability and flexibility. For more information, please visit the ‘Software Solutions’ section at www.TwoFour.com.

About TwoFour Consulting
TwoFour Consulting provides comprehensive application development and operations optimization services using its deep financial services domain expertise and technology leadership. Complemented by the company’s in-house development capabilities, TwoFour Consulting enables firms to reduce risk and drive down costs. Its experienced staff help firms develop and optimize technology and meet stringent regulatory demands. TwoFour Consulting delivers trusted, tailored advice enabling clients to stay ahead of a rapidly evolving global market. For more information, please visit the ‘Consulting’ section on TwoFour’s website at www.TwoFour.com.

About TwoFour Foundation
TwoFour Foundation is a rapid development solution that offers a robust .Net and C#-based core architecture that can serve as a foundation to facilitate and accelerate the building, delivery and implementation of any new system across any industry. TwoFour Foundation acts as a development catalyst, boosting and improving numerous stages of the development process, allowing start-up development projects to leverage proven system components that are at the heart of mature software applications and allowing developers to focus on building functionality that is essential and unique to the specific business. Foundation has been leveraged in the financial services, healthcare, and customer relationship management verticals. For more information, please visit the ‘TwoFour Foundation’ section at www.TwoFour.com.