Fintech developer takes new office space in London tech innovation centre to support growth plans

Financial services software developer IMX Software (IMX) has announced its relocation to new and larger offices in the Kennington Park area, positioning it conveniently near to London’s financial district and several key clients.

Located close to the famous Oval cricket ground, the new offices will double IMX’s UK office space and position it for growth over the next few years on the back of the 2014 management buyout and investment from financial services consulting partner Holley Holland Ltd.

IMX has increased the size of its UK delivery and support operations following the award of several significant multi-year UK and European software-as-a-service (SaaS) contracts over the past 12 months. It has also increased development and support capacity in Australia and South Africa to support new local projects as well as boost its global infrastructure.

The new London headquarters is situated at Kennington Park Business Centre which contains 11 buildings that date from 1924. Formerly home to the London General Cab Co, this historic building was base to London’s first fleet of 1500 motor-driven taxis. The creation of the original ‘taximeter’ to measure distance and automatically calculate fares is attributed to this first innovative occupant of the site.

Over 90 years later the focus is still on service and innovation and, in addition to its historical character, IMX’s new location provides the modern amenities required by over 160 unique, fast-growing technology and services businesses.

The IMX team look forward to using this vibrant London location as a strategic base to expand their development and support of innovative, agile applications for highly regulated banks, insurance companies and money service businesses around the world.