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30th November 2006 - London

Performa reaches final of Funds European Back Office IT Company of the Year Awards

Performa heads towards the end of 2006 with not only being a last four finalist in the Funds Europe Magazine Back Office IT Company of the year award, but with a special acknowledgement from Funds Europe reflecting Performa's achievements over the last year.

Funds Europe magazine is distributed to over 9,000 executives from leading financial services firms across Europe. Performa reached the last four of the 2006 European Back Office IT Company award based on the efforts Performa has made to grow operational efficiency in the investment management industry.

The judges at the Funds Europe Awards 2006 felt a special commendation should also go to Performa. Over the year, Performa steadily grew its business with revenues up 20% on the previous year, facilitating an operating profit margin of 30%.

Commenting on the awards, Performa's CEO, Anthony Howland said, "It is a tribute to the team at Performa that this continued success is recognised externally by prestigious industry bodies. The foundations of our successful growth are our people, their relationships with our clients and the quality of our product suite".

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