50 Best Workplaces to watch 2017
There is a huge transformation taking place in all the sectors of the economy with technology being the leading force. The finance, which is the backbone of every economy, is also part of the transformation and plays a very important role in leading it. Technology not only leads the transformation but also empowers it.
Widespread technological automation is blurring the dividing line between finance and technology and, ultimately, there is a widespread consolidation of all the sectors in the economy. Today, there are innovative companies out there that are making the best use of this digital and technological transformation. TheMarketsTrust is one such company that is providing next-generation products for the financial industry. But, itâ€™s not just technology that empowers TheMarketsTrust, but also the understanding of Behavioral Finance. Behavioral finance proposes psychology-based theories to explain stock market anomalies such as severe rise or fall in stock price.
After researching the financial crises, Evangelos Papadopoulos, the CEO of TheMarketsTrust, began to understand what was wrong with the Financial Community and the existing systems. The answer that he found was Behavioral Finance was being ignored and many systems had turned a blind eye to it. This was how he began to integrate Quantitative and Behavioral finance into a single product. The product had to be able to cope with Big Data as well. This led to the formation of TheMarketsTrust.
TheMarketsTrust is an innovative integrated solutions company with a customer-centric approach. With expert consulting and solutions integration, TheMarketsTrust creates original solutions and delivers unique products. The technology proficiency and financial expertise are delivered by the in-house research and development team.
Developing Market Trust
TheMarketsTrust works on its mission, which is to become a prominent technology data-driven Credit Bureau that will reduce systemic risks by creating in real time accurate ratings and sending early alerts to the markets and different stakeholders.
In fact, the company kick-started its first project keeping this mission in mind. It chose a niche market and developed an automated system that was able to rate any financial institution in real time and in a non-intrusive way. The project was a big hit and even received a European award.
Today, the company has found its place in the Regtech environment, where its biggest opportunities are coming from the emerging markets from Africa and Asia. However, there are always challenges that a company faces, especially when itâ€™s a startup. â€œBeing a startup is very difficult and looks like to climb the Everest,â€ says Papadopoulos. One of the biggest challenges that he faced was balancing and coping with family life. Papadopoulos advices that it is important to know the first customer in the finance industry and it may take months. But the hardest part is the funding, which is another Mountain climb.
However, TheMarketsTrust has its best assets which played a pivotal role in its success story. The money and time invested from committed friends and family have boosted the companyâ€™s structure. Additionally, the team with very strong Research Center has helped TheMarketsTrust to leverage its innovation and development effort. Also, the support from three majors Institutions/partners has helped the company with early feedbacks.
But thatâ€™s not all. The huge recognition from peers has helped to create the brand of TheMarketsTrust. This has further placed the company in top 100 companies of the world. Another big factor that has contributed to the success is its Cloud Technology. With the cloud technology available as single commodities, the company was able to integrate open source component that accelerated the market time.
TheMarketsTrust does not only design great products with solid architecture but also molds employees in their careers. Interestingly, all the employees are entitled to at least 10 days every year to attend online training or attend any social events. Since most of the employees are senior and come with experience, the company entrusts autonomy in work-related decisions to them.
Being a flat organizational structure, there is an ease in communication and exchange of information. This eases any conflict and removes stress among colleagues. Therefore, every Friday afternoon, the employees are given an outlet for sharing observations and ideas in an informal way and as a way to let off any stress.
The demand for the companyâ€™s solutions is growing. There are already 7 POCâ€™s lined up to be executed the coming year. A couple of years from now, TheMarketsTrust assured that it will be present in 5 continents where its solutions will ease the financial inclusion for at least one million corporate organizations.
Awards and Recognitions
Over the years, TheMarketsTrust has received numerous awards and has been recognized for its brilliant service. The company was awarded the Innovfin SME Guarantee by the European Investment Bank. More recently, TheMarketsTrust was awarded Microsoft Bizspark, which is a global program that helps software startups succeed. The company was recognized by Global RegTech Review and was placed in the Global RegTech 100 List. Earlier this year, it was recognized by Accenture Fintech Innovation Lab in London as well as by the Ibehub accelerator where it received the Silver award.
Meet the Genius of TheMarketsTrust
Evangelos Papadopoulos is the CEO of TheMarketsTrust. He has a PLD 14 from Harvard Business School and is an IT Architect. He has over 20 years of experience aligning IT to the business strategy for large complex organizations. He is passionate about technology, especially AI, Neuronal Networks and the implementation of the application running on High Performant Computer. During the last 14 years, he has designed and implemented critical components using real-time technologies for several major financial Institutions.
â€œThe demand for our solution is growing and we are proud of our achievement.â€