Endava acquires Testing4Finance
IT services company, Endava, has acquired Testing4Finance Limited, provider of specialist testing services to Financial Institutions. The acquisition of Testing4Finance creates new opportunities for Endava by enriching its financial services testing practice and by adding a number of major investment banks and other financial institutions to its customer base.
Mark Firth, former Director of Testing4Finance and Endava’s Head of Testing Services, commented “The Testing4Finance team have joined Endava to build a world class, independent, testing organisation. We will achieve this by blending Testing4Finance’s test management experience and financial markets domain expertise with Endava’s world class testing capability based in Romania and Moldova, enabling us to deliver high quality, competitively priced testing solutions to our clients.”
John Cotterell, CEO of Endava, commenting on the acquisition, said, “Endava’s strategic objective is to become the first choice for independent testing services for Financial Institutions. I am therefore delighted to confirm the completion of this acquisition as it places Endava in a strong position to address the growing demand for testing services.”
Endava is a well-established IT Services company, with nearly 1000 full time employees working across its European development centres, London headquarters and further offices in the US. Formed in 2000, Endava is uniquely placed within the IT services sector as it employs an optimum blend of onshore consultancy, project management and nearshore IT service delivery.
The company focuses on the banking, financial services, telecommunications, media, sports, entertainment and professional services sectors and can design, implement and manage secure, high-volume, business-critical systems and digital services. Endava services a wide range of big-brand customer across these sectors.
In 2010, Endava was listed at No 17 in The Sunday Times Tech Track 100, as well as featuring in the Guardians Tech Media Invest Top 100 as one of the UK’s most innovative companies. Endava is also listed as a Global Services 100 provider in addition to being named as an emerging leader in Europe. The company also ranked in the NMA awards as the No1 technical agency and has achieved rankings in the Deloitte Technology Fast 500 EMEA 2010 program.