Tracesmart Foresees Records Level of Growth
Released
on: August 21, 2008, 5:45 am
Press
Release Author: Tracesmart
Corporate
Industry:
Internet
& Online
Press
Release Summary: Fourth year of trading set to be best ever for
Tracesmart
Press
Release Body: Tracesmart,
foremost suppliers of data cleansing,
people tracing and mortality screening services, are anticipating
a record annual turnover having just celebrated the 4th birthday
of the launch of their online services. The Cardiff based firm
recently received extensive coverage in national and local press
for the role their tracing agents
played in helping some of the UK's largest financial institutions
to trace people as part of asset reunification exercises - it
is this and their anti-money laundering services which have prompted
the foreseen financial growth.The
company has doubled its staff size in the last year - each of
Tracesmart's departments has recruited new staff as the influx
of service requisitions has increased and as such the company
has had to expand its premises. Demand for the company's range
of services has dramatically increased turnover and Tracesmart Corporate project growth
in the region of 50%.
Explaining the projected increase
in turnover, Michael Trezise, Managing Director for Tracesmart,
commented, "Thanks to the efforts of all staff and continuous
development of our services, we have experienced a great deal
of success in the ID verification sector with our Smart ID Plus
anti-money
laundering service performing strongly in legal and financial
markets. We have also secured significant unclaimed assets
contracts which have proved fruitful - not only in monetary value
but also from a promotional perspective as we have received a
high volume of exposure in the national press and online. Whilst
we look set to smash last year's growth we are already firmly
focusing on the forthcoming financial year, with the intention
of setting another record."
Turnover
and company size are not the only areas of growth Tracesmart have
experienced over the last year - they have increased the number
of records they hold through heavy investment in large amounts
of fresh data. This new data has prompted the development of new
services which have allowed increased penetration into multiple
markets. Commenting on these developments Paul Weathersby, Tracesmart's
Technical Director, noted, "Myself and my team have worked hard
over the last year to improve and build upon our service offering.
We have also further developed our internal systems for ease of
use and to improve efficiency. Together these changes have allowed
us to stay ahead of our competitors by offering superior service
delivery to our customers."
Confirmed figures will be announced
in early September, following the end of Tracesmart's financial
year.
Notes to editors
- Tracesmart was formed in 1999 and supply
a diverse range of consumer data cleansing, identification
and tracing tools to a wide variety of industries. Their client
base ranges from SME to Blue Chip, who are allrecipients of
bespoke solutions, built around their specific needs.
- Michael Trezise is the founder and Managing
Director of Tracesmart. With over 25 years tracing and fraud
analysis experience his unrivalled knowledge provides the
company with a distinct competitive advantage.
- Paul Weathersby is the driving force behind
the development and production of Tracesmart's suite of web-based
services, and manages and directs their experienced IT team.
Web Site: http://www.tracesmartcorporate.co.uk/
Contact
Details:
Press enquiries:
- Adam Smith
- Marketing Manager
- Direct Line: 02920 474 120
- Mobile: 07976 637 091
- E-mail: adam@tracesmart.co.uk
- Tracesmart Ltd
- 2 Sovereign Quay
- Havannah Street
- Cardiff
- CF10 5SF
- Photos available on request
2012
