Rebranded software firm doubles turnover to £1m

Feb 28 2008 by Sion Barry, Western Mail

A CARDIFF software solutions and technology provider is expanding on the back of strong business growth.

The last 12 months has seen accelerated growth for Cardiff Onsho.

Established in 2004, the company builds and implements secure products on platforms according to clients’ specifications – including bespoke software and business consultancy.

Onsho consultants have particular experience in the financial services industry, including technology expertise in the areas of collateral management, broker clearance, global custody, consumer credit and retail banking.

In addition, the rapidly expanding team has developed complex technology solutions across a diverse range of industries using the very latest IT and project management techniques.

The experience of the team’s specialist consultants has seen it undertaking work for clients, which includes a leading global financial services firm where it provides bespoke software solutions and business analyst support for a variety of international applications.

Managing director of Onsho Ashley Bell said, “Over the last 12 months we have achieved excellent results with turnover increasing by over 100% to almost £1m.

“This has seen the company expand its workforce further, with the recent appointment of two new technology consultants and a financial controller to assist in alleviating the day-to-day pressures of running the business.”

As part of a major strategic review undertaken by the company in 2007, Onsho has under- taken a branding exercise with Cardiff agency Stepping Stones Marketing Solutions.

This initiative has seen the company strengthen its communications message as one of the leading bespoke software solutions companies to both the UK financial services sector and SME companies across Wales and the South West of England.

The review was supported by funding received from the Welsh Assembly Government through the Department of Enterprise, Innovation and Networks.

Mr Bell said, “The strategic review has highlighted opportunities that exist for Onsho both regionally, nationally and internationally, especially as we are now finding that many organisations are bringing much of their IT and technology support back to the UK, because of problems experienced offshore.

“We are already benefiting from plans put into place as a result of the review and this includes the dynamic re-branding of the company which strongly communicates our core services and principles.”

One of the major target markets for Onsho is the further supply of bespoke software solutions to SME companies in Wales.

Mr Bell confirmed that the prospects for the future growth of Onsho were positive.

He added, “Our extensive experience of working with major international clients provides prospective clients in Wales with an excellent opportunity to receive exceptional technology support at the most competitive rates.”

Further information about the company can be found at www.onsho.co.uk.