Rule Financial Announces Revenue Growth and New Hires

Rule Financial, a business and IT consultancy for investment banks, has announced global expansion and the recruitment of further banking specialists and technical experts in addition to a revenue growth of 25%.

The growth has been spurred by investment banks seeking assistance in meeting stringent regulatory guidelines such as Dodd-Frank and EMIR.

Market demand for nearshore development has seen revenues generated from development in Poland trebling between 2012 and 2013, driving the requirement for a second development centre in the city of Poznań. In the first quarter of 2013 the company expanded its New York office and opened a second U.S. office in Boston to cater for the growing demand from buy-side firms. With the opening of these two new offices and further jobs created across its five other locations, the company has seen its global headcount rise to nearly 600.

Rule Financial has also recently expanded the team with several new hires based in its London headquarters. Derek Perry and Emily Cates joined as specialists in operational processing and design, Neil Hookway joined as a specialist in treasury markets and change management, with Graham Wood completing the list of new hires, joining as a specialist in operational risk.