smartTrade is elected as a winner of Red Herring Top 100 Europe 2013

smartTrade is elected as a winner of Red Herring Top 100 Europe 2013

Red Herring announced its Top 100 award winners, selecting smartTrade in the financial technology area for its innovation and technology.
Red Herring’s Top 100 Europe list has become a mark of distinction for identifying promising new companies and entrepreneurs. Red Herring’s editors were among the first to recognize that companies such as Facebook, Twitter, Google, Yahoo, Skype, Salesforce.com, YouTube, and eBay would change the way we live and work.

Alex Vieux, publisher and CEO of Red Herring says “No sector has endorsed globalization more adamantly than financial industries which face 24 hour trading and where information technology and analytics play a pivotal role. smartTrade has made cloud trading a ubiquitous phenomenon and is rolling out a new generation of solutions, driven by a stable and first tier management team. Its market success and its technology are intrinsically connected. Thus we decided to grant the company the Red Herring Europe Top 100 Award.”

Red Herring’s editorial staff evaluated the companies on both quantitative and qualitative criteria, such as financial performance, technological innovation, management quality, and overall business strategy and market penetration. This assessment was complemented by a review of the track records and standings of similar startups in the same verticals, allowing Red Herring to see past the “buzz” and make the list a valuable instrument of discovery and advocacy for the most promising new business models in Europe.

Harry Gozlan, Founder and Chairman of smartTrade Technology, says “Although smartTrade has now grown beyond the stage of a startup, it is a great honor to receive the Red Herring Europe Top 100 award. It represents an important intermediary success in our long run toward financial technology excellence. ”

David Vincent, Chief Executive Officer and CTO of smartTrade, says “Since its creation, smartTrade has been constantly focused on innovation and excellence. This award is a fantastic recognition by the industry of all the efforts that we have made to become a leader in finance technology. This would not have happened without the support of our clients that we want to thank also for their constant trust throughout those years.”