White Clarke Group secures major software award

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Automotive, consumer and equipment finance technology firm White Clarke Group has been named the best performing company in banking and insurance software at a key industry awards ceremony.

It secured the honour at the Megabuyte50 awards, an annual event held to mark the launch of an independent ranking of the UK’s best-performing, privately-owned technology companies.

The awards recognise individual excellence across a number of different performance categories to co-incide with the listing.

In addition to the award, White Clarke Group was placed second in the 2017 ranking, rising from 47th place in 2016.

Rankings are compiled using Megabuyte’s proprietary Megabuyte Scorecard methodology, which scores companies against seven key growth-related financial KPIs.

In a statement, Megabuyte said: “White Clarke Group’s momentum in delivering large scale implementations in the European auto finance market, alongside strong SaaS progress in the US asset finance market, has driven strong growth, particularly in its latest year, yielding it an impressive rise in the Scorecard rankings.

“Alongside this, White Clarke Group has shifted focus to growing recurring revenue streams, which now account for half the top line, providing a more stable footing for further expansion and investment into its core CALMS product.”

White Clarke Group is a global organisation employing around 600 people, with offices in the USA, UK, Canada, Australia, Austria, Germany, India and China.

Its clients include GM Financial, Toyota Financial Services, Volkswagen Financial Services, Daimler Financial Services, Ford Credit, BMW Financial Services, John Deere Financial and Hitachi Capital.

Brendan Gleeson, group CEO at White Clarke Group, said: “We are delighted to win the Megabuyte50 Award 2017 for ‘Best Performer — Banking & Insurance Software’.

“Our vision is to be the supplier of choice for auto, consumer and equipment finance companies globally. To be considered the best performing company in our category is a testament to the hard teamwork and great product we have developed over the last few years.”

Ed White, group chairman, who attended the Megabuyte50 awards, said: “It was an honor to pick up this award and to be recognised as one of the fastest growing companies in the UK. In 1992 when the company was founded it was just few of us working from a small office in Milton Keynes. Today, with over 600 employees and offices all around the world we work with our blue-chip client base to deliver our industry leading technology platform.”