Bringing you news, views and analysis since 2013

35544

Perfect Channel rebrands as NovaFori

RELATED TOPICS​

Perfect Channel Limited has announced a new name for the company – NovaFori – and a rebrand. Following 41 per cent revenue growth in 2020 and a strong pipeline of new business, the company’s momentum is accelerating, while the name change reflects its commercial mission.

Perfect Channel Limited has announced a new name for the company – NovaFori – and a rebrand. Following 41 per cent revenue growth in 2020 and a strong pipeline of new business, the company’s momentum is accelerating, while the name change reflects its commercial mission.

The NovaFori name represents the company’s commitment to develop new markets, as analogue to digital transformation gathers pace across all global industries.
 
Existing clients include Christie’s, CarNext, Global Dairy Trade, Hilco and LeasePlan, and the focus going forward includes financial services, and real economy businesses with an emphasis on commodities, logistics and procurement.
 
The new management’s philosophy includes an innovative product strategy to move more quickly to market, and ambitious plans for scaling the business. Leading this exciting new chapter of the company is CEO Garry Jones, who joined the business in January 2020, following 35 years of experience working in finance and applied technology. 
 
NovaFori recently announced the appointment of John Lee as Chief Information Officer, previously CIO at PayPoint PLC, Director of Systems Development at NYSE Euronext Market Solutions, and Group CTO at the London Metal Exchange. NovaFori has made 15 new hires since November 2020 to meet increasing digital technology demand from existing clients and expected initiation of projects from new prospects.
  
NovaFori builds world-class B2B marketplace platforms for companies to grow revenue and broaden distribution channels whilst optimising costs. The company has successfully deployed its technology platform across a wide range of industries and has a proven track record in delivering digital marketplaces and innovative auction technology overlaid with data science.
 
Garry Jones, CEO of NovaFori, says: “Our rebrand marks a pivotal milestone in the company’s history, and gives us confidence in a bright future with significantly expanded business opportunities.”
 
“Our client pipeline is broader than ever. We are currently engaged in a new round of growth funding, which will allow us to further expand our capabilities to invest in the creation of exciting new digital platforms with industry partners in markets where digital disruption will have the most impact.”

Latest News

Hedge funds posted mixed declines in October, with sharp drops in Technology and AI-related equities..
The UK is poised to become one of the world’s next generation of fintech leaders,..
Universal Investment has announced the acquisition of Cadarn Capital, a fund distribution and investor relations..

Related Articles

European investors continue to the lead the charge for sustainable investing, ploughing USD9.4 billion into funds in the third quarter of 2026...
European investors continue to the lead the charge for sustainable investing, ploughing USD9.4 billion into funds in the third quarter..
Asset managers gave a muted response to the UK Budget from Chancellor of the Exchequer John Healey this week, with one describing it as a “non-event”...
Asset managers gave a muted response to the UK Budget from Chancellor of the Exchequer John Healey this week, with..
It is tough out there for asset managers and it is about to get tougher, according to research from PwC...
It is tough out there for asset managers and it is about to get tougher, according to research from PwC...
Asset managers ever more reliant on artificial intelligence (AI) to support their investment decisions are becoming more vulnerable to weaker data that informs the technology...
Asset managers ever more reliant on artificial intelligence (AI) to support their investment decisions are becoming more vulnerable to weaker..
Subscribe to the Institutional Asset Manager newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by