Fast-growing financial services consultancy Catalyst Development Ltd has announced a record year. Between April 2017 and March 2018 [FY18], Catalyst substantially grew its investment base, services, markets, clients, staff and profitability. Since October 2017 alone, Catalyst has achieved a record increase in organic growth and client delivery, tripled its staff numbers, acquired a market-leading asset and wealth consultancy with an offshore base in Jersey and been named as one of the UK’s top 50 Best WorkplacesTM. Today, the firm is announcing the opening of a new nearshore consultancy hub in Vilnius, in partnership with Invest Lithuania, to allow it to further scale its services to clients across all European financial centres, a Catalyst Development press release states.
Vilnius new office town from Green Hall Photo
© © Ludo Segers @ The Lithuania Tribune

Catalyst CEO Andrew Middleton comments “we continue to grow strongly in pursuit of our ambition to be the pre-eminent, independent financial services consultancy in Europe, providing specialism at scale in business, technology and regulatory change. We now offer a broad range of skills and competencies from a resource pool approaching 150 people. Our aim is to continue to grow the scope and scale of our resources and deliver effective change and lasting benefits across the full footprint of our multi-national clients.”

Catalyst Managing Director Stephen Loosley adds “the opening of our new nearshore hub is an important component of our goal to serve all European financial centres in larger, specialist teams and to continue to broaden the skills available to our clients on competitive terms. Working with Invest Lithuania, we have been able to hire high quality staff from a pool of impressive resources to deliver additional value to our international client base. This is a strong model we intend to roll out further and we look further to announcing further extensions to our reach and capability in the near future.”

Catalyst Development Ltd is an independent financial services consultancy, specialising in regulatory driven change, organisational improvement, technology, business and talent development for investment banks, clearing houses and exchanges, institutional investors, asset and wealth managers. Established in 1994 and headquartered in the City of London, Catalyst works worldwide with bases in Jersey and Lithuania and a longstanding presence in Japan.

Leave a comment
or for anonymous commenting click here
By posting, you agree to terms
Read comments Read comments

Number of passengers travelling from Vilnius Airport by public transport has increased almost four times

Naturally the airport in Vilnius is the centre of intensive movement to and from which thousands of...

Lithuania will be a key player in shaping the future of blockchain in Europe and the world

Blockchain will transform digital services and Europe. It is acknowledged that Europe missed out on...

Oro Navigacija starts rebranding of its image by changing its logo

While undergoing the process of modernisation, the strategic company Oro Navigacija, whose mission is...

Nine percent increase in flight number in Lithuanian airspace

During ten months of this year, air traffic controllers handled 227.5 thousand flights in Lithuanian...

Survey: every eighth person in Lithuania has private health insurance

The results of a survey conducted in Lithuania showed that every eighth person has been ensured by...