Day: August 6, 2007

Whilst there has been much talk, I believe Abbey is the second company to offer a supply chain finance solution in the UK after GMAC Commercial Finance, which uses Deskom. Between the two propositions, I believe Abbey has the best chance of making an impact. I have not heard or seen much publicity of Deskom and GMAC’s joined proposition recently and wonder its degree of actual success beyond the marketing hype. Let’s review the team responsible for delivering the expected results for the Santander Group.  Marcus Hughes, Financial Supply Chain Solutions, Abbey UK Corporate Banking Marcus is a specialist in financial supply chain…

  Congratulations to Causeway Technologies for becoming the No. 1 software house in the UK Construction industry with the acquisition of Elstree Computing Ltd (ECL). According to Phil Brown, Causeway has achieved No. 1 position in three fronts, these being: headcount (circa 130), revenues (pro-forma £13m) and customers (over 2000). With this acquisition, the split in terms of acquisitions vs. organic growth is circa 50:50. When Phil and I met in early Jan 07, I learnt the revenue targets the company was trying to achieve. By the rate the company is growing, thanks to Phil Brown and Peter Nagle, it is hard…