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History

Gissing Software Ltd is a leading supplier of software and services to the financial industry and was founded in 1991. Gissing Software counts some of the world's biggest financial institutions among its clients. Its products are a byword in the industry for performance and reliability.

Gissing Software has extensive knowledge of the technology associated with real time trading needs. It focuses its sales and products on that industry niche, emphasising connectivity for and between market data vendors (Reuters, Bloomberg for instance), merchant banks and brokerage houses.

The company is privately owned and operates from its head office in Bromley, Kent (UK) and its office in New York.

Timeline

1991 Gissing Consulting was founded as a bespoke software services company, specialising in software for contribution of market data to multiple data vendors
2000 Mighter Limited, a distribution company that focused largely on selling hardware products to firms in the Financial Centres of the UK, USA and Europe, became a reseller of Gissing Consulting products. Within a year, this collaboration proved highly successful, with Mighter selling Gissing Consulting's core product to ten new clients.
2002 Mighter Gissing Software Limited was formed from a merger of Gissing Consulting and the software distribution business of Mighter Ltd. Mighter Ltd continues to have an independent existence. The merger brought together the complementary strengths of both companies: the sales and marketing abilities of Mighter, and the software development abilities of Gissing Consulting.
2004 With a fourfold increase in its portfolio of software solutions and increasing sales success, the company re-branded as Gissing Software in mid 2004. This gives a more focussed message and accentuates its heritage and relentless software evolution since 1991.
2005 Gissing strengthens its management team with the appointment of Steve Kerigan, Mike Hill and Peter McKenna. Peter takes over as Sales Director from Mike Murton, who leaves the Company to return to running the hardware business of Mighter Limited, with Gissing Software concentrating on its highly regarded software solutions for data routing and transformation.
2006 Gissing joins SIIA/FISD and begins participation in the MiFID Joint Working Group. Exhibits at SIA in New York (on Microsoft booth) and releases first product based on the FAST Protocol. Renews Microsoft Certified partner status and joins Oracle partner network. Amicable departure of Peter McKenna who takes role of Marketing Director at a publicly quoted banking software company. Richard Gissing speaks at C5 MiFID Forum in London.
2007 Gissing becomes a founding member of the Open MiFID Alliance (OMA). Exhibits at SIFMA (formerly SIA) in New York on its own booth. Wins first buy-side clients (Malbec Partners, Fidelity Investments Limited). Partners with ITRS to provide a remote monitoring capability for Gissing ConteX MCS. Releases beta-test version of Gissing ConteX MCS 4.0. Agrees to be acquired by Thomson Reuters.
2008 On January 19th 2008 Thomson R euters completed its previously announced acquisition of Gissing Group Ltd. Gissing is now a wholly-owned subsidiary of Thomson Reuters, operating as an autonomous unit within Reuters. Gissing remains headquartered in its offices in Bromley, and all contact details, including client support, are unchanged.