A technology firm heavily involved in the financial advisory sector has been named the fastest growing financial and technology services company headquartered outside London.

True Potential has been ranked top in the 2014 Deloitte Technology Fast 50.
The firm estimates it provides technology and business support services to over 22 per cent of the UK adviser market and financial advisory services for private individuals.
The ranking of the 50 fastest-growing technology companies in the UK are based on percentage revenue growth over the last five years. True Potential grew 837 per cent during this period.

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David Frith, corporate finance partner at Deloitte in Newcastle, said: "The Deloitte Technology Fast 50 gives great profile to technology companies and is internationally recognised as being one of the most important business awards in the sector.
"It is an opportunity for technology businesses to gain recognition for their successes and achievements and this year's ranking highlights the importance of being innovative and finding a niche product or service to succeed."
True Potential managing partner David Harrison said: "Being ranked as the fastest growing financial and technology services company outside London in the 2014 Deloitte Technology Fast 50 rounds off what has been an exceptional year for True Potential."
This year it launched its impulseSave® technology, which allows savers to make micro-payments into investments from as little as £1 at the touch of a button. The service is available on True Potential's Wealth Platform, used by financial advisers and their clients across the UK, and as part of True Potential Investor, a self-directed investment service, which can be accessed online and via mobile devices.
It won the Aberdeen UK Platform Awards 2014 Leading Innovation Award.
The True Potential group of companies increased turnover to £20.8m in the first half of 2014 – a rise of 87 per cent against the same period in 2013 (£11.1m). January-June delivered £4.9m pre-tax profit for the group, a 104 per cent increase on H1 2013.

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