16th April 2012
Improving market opportunities for FinXL
FinXL’s revenue continues to grow well after a slow start to the financial year and uncertain economic conditions.
FinXL has been fortunate in being included on a further string of new client panels and anticipates further growth in project opportunities within our core areas of expertise, applications development and support and systems integration, providing improving work volumes as the year progresses.
“Most of the new project work is coming from State and Federal Government as well as a buoyant telecommunications sector,” says Tracy Thomson, FinXL’s MD. “Our team remain focussed on providing high value bids for new project assignments, and we continue to win our fair share of these new opportunities.”
2nd April 2012
FinXL achieves AS/NZS ISO 9001:2000 quality mark
 FinXL has always been dedicated to providing its clients with quality IT professional services by focussing on meeting and exceeding clients’ expectations within the fast evolving world of technology. Having robust and evolving managerial and operational systems / processes in place is an integral part of realising this goal. This is now further enhanced with the confirmation that FinXL’s management system is now accredited to AS/NZS ISO 9001:2000 by NCS International.
FinXL’s MD Tracy Thomson commented that “this quality accreditation represents another important milestone in FinXL’s development as we continue to expand our service reach nationally. With more and more clients availing of our services than ever before, they can be further reassured of our determination to succeed on their behalf in delivering quality high value project outcomes.”
1st December 2011
5 FinXL Mo Bro’s help Team Finite raise almost $6000 for charity!
FinXL’s male contingent stepped forward en masse this year to grow stylish facial hair for the annual Movember fundraiser to raise awareness and money for leading men’s health charities, the Prostate Cancer Foundation of Australia and beyondblue, the national depression support group - both do exceptional work for the Australian male community.
5 hirsute FinXL individuals representing three of FinXL’s six national offices throughout Australia joined 14 others to participate as Team Finite 2011. They endured all the usual names, itching and may have even noticed a few extra white hairs in the process. With the generous help of colleagues, family, friends and valued suppliers, Team Finite 2011 managed to raise in excess of $5760 in donations (an average of $300 / person) setting a new internal Movember fundraising record and gaining a lot of team camaraderie in the process. Team Finite mo bro’s were last out in force in 2009 and plan to be growing hairy upper lips for good causes again in 2013.
31st October 2011
FinXL announce another year of solid progress
FinXL IT Professional Services posted further encouraging annual sales revenues for FYE June 2011 achieved in a declining Australian IT consultancy market as many clients looked to reduce costs and defer major project expenditure in the face of eroding international economic confidence. The company posted very similar revenues to the previous financial year, however did manage to lift operating profit by 5%, and considerably grow the company client base.
Commenting on this result, FinXL’s MD Tracy Thomson said, “the market started to slow down for us in early 2011 and although the current economic climate is difficult, FinXL is continuing to win new client opportunities on the back of our service delivery model which combines proven top performance with great value for money.”
“We do not foresee any let up in market conditions during the next 3-6 month period, however our recent eServices panel wins with VIC and WA Governments should give us access to good additional project opportunities as have been developed with our established NSW Government and Federal Government Departmental clients”.
FinXL is continuing to develop its centres of service excellence within three core markets: Telecommunications; Banking and Finance; and Government (State, Federal and Utilities); through the company’s established network of six national offices across Australia.
23rd June 2011
Finite appears in BRW’s prestigious Best Places to Work list 2011 for 3rd consecutive year!
 The Finite Group has ranked 47th in BRW’s prestigious Best Places to Work list 2011, a catalogue of the 50 best employers nationally, released on June 23rd.
The BRW Best Places to Work Awards are now widely acclaimed in Australia. Based on one of the world’s most comprehensive studies of workplace culture, The Great Place to Work Institute Australia, the quality of this year’s BRW Top 50 Best Places to Work was higher than ever. It was these businesses who broke out from the rest of the pack during challenging times to retain a loyal, happy and engaged workforce.
Finite has been fortunate in receiving this accolade for three consecutive years since the awards started in 2009. Finite is widely recognised as Australia’s leading specialist ICT recruiter, with 6 national offices, a highly professional and motivated workforce and a successful IT Professional Services subsidiary, FinXL. Finite’s clients largely comprise of large Banks and Financial Institutions, Telco’s, Corporates, Utilities, IT Vendors and Federal and State Government Departments.
Finite’s MD, Tracy Thomson, commented “how gratifying it is to receive this recognition, particularly as so much of this award is based upon staff feedback through the trust survey completed by all employees which measures the company against five benchmarks: credibility, fairness, camaraderie, pride and respect. Having now received this accolade for three years in a row, with more of our employees involved than ever before and with more companies entering each year, it is indeed a great honour for everyone involved in helping to make the Finite Group such a great place to work”.
31st March 2011
FinXL wins appointment to the NSW Government’s OSR Panel
Following a RFT process conducted in February by the NSW Government Office of State Revenue, FinXl has been appointed to the new OSR ICT Services Approved Supplier Panel, which runs for two years through until 6th March 2013. FinXL’s managing director, Tracy Thomson, commented that FinXL was delighted to have this opportunity with OSR and looked forward to continuing to support their ICT systems and development projects going forward.”
18th March 2011
FinXL makes its debut in BRW Magazine’s IT Consultants List 2011
12th November 2010
Finite Group raises $2150 to support people with MS
The Finite Group (which includes FinXL) were pleased to sponsor a small team to take part in the 2010 MS Sydney to the Gong Bike Ride on November 7th to raise funds for people affected by Multiple Sclerosis (MS). MS is the most common disease of the central nervous system and affects more than 20,000 Australians.
The course comprised a scenic 90KM route from Sydney through the Royal National Park and on to Wollongong and took the team just over 4 hours to complete in almost perfect cycling weather. Team Finite 2010 comprised of Lucas Laxale, Joe Ward, Duncan Thomson and guest James Uster, who collectively managed to raise a very respectable $2150 for MS, which included a $300 donation from Finite. Our thanks to all team supporters for their generosity.
Overall event fundraising has reached an exceptional $3.4 million so far - more than any MS Australia event has ever raised - which will fund a wide range of services and support to help minimise the impact of those living with the disease and also fund research to find a cure.
7th October 2010
Further Perth expansion for FinXL
Leading IT professional services provider, FinXL, is pleased to advise that it’s Perth office has now relocated to much larger premises to accommodate the company’s continuing expansion in WA. FinXL’s MD, Tracy Thomson, confirmed that “the WA IT market is extremely busy and FinXL’s business has been expanding quickly in line with increased client demand for our consultancy services. Our new office is still located within St Martin’s Tower, but now has additional meeting rooms, a larger General Office and further enhanced facilities to enable the team to continue its rapid growth since first opening in May 2009.”
The new office details are:
FinXL IT Professional Services
Level 21, St Martin's Tower
44 St Georges Terrace
Perth, WA 6000
Tel: 08 9219 3500
Fax: 08 9219 3599
info@finxl.com.au
11th August 2010
FinXL IT in Record Beating Form
Leading national IT professional services provider, FinXL IT, was pleased to sponsor two runners as part of Team Finite’s record sized team of 12 participants in this year’s 40th Anniversary Sydney City2Surf 14km fun run on Sunday 8th August.
The picturesque route from the CBD up through the Eastern suburbs towards Watson’s Bay and then down again to Bondi attracted a record 80,000 entrants this year making it the largest organised event of its type in the world.
FinXL’s General Manager, Duncan Thomson, noted that “this years ‘Team Finite’ age span ranged from 9 through to 50 years old. It was also a close run race with FinXL’s fastest runner completing the course in a record 60 minutes, only 1 minute behind Finite’s fastest competitor! For the rest of us, there were some very respectable times achieved in what was a beautiful sunny, but chilly winter’s day.”
Team Finite also broke another record and managed to raise almost $4000 for their nominated charity, Children's Cancer Institute Australia for Medical Research, to assist with their important work.
http://www.everydayhero.com.au/team_finite_2010
11th May 2010
FinXL’s parent, Finite IT, wins Deloitte Growth Award
The 2010 NSW/ACT Family Business Australia/Deloitte Growth Award was recently awarded to Finite IT.
The Deloitte Growth Award has been established to recognise and reward the fastest growing private enterprises in NSW and ACT. The award recognises family businesses that have achieved the fastest average turnover growth over the last three years.
FinXL’s parent, Finite, was delighted to receive this prestigious award and recognition at a ceremony in Sydney’s CBD on 29th April.
31st March 2010
FINITE GROUP’S VERY OWN IRONMAN!
This year’s Ironman Australia Triathlon took place on Sunday March 28th 2010 at Port Macquarie, NSW. Approximately 1,500 competitors of ages 18-75, were competing from over 30 countries and every State and Territory in Australia. This gruelling challenge consists of a 3.8km swim, 180.2km bike and a 42.2km run and competitors have only 17 hours to finish the race, with cut off times also applying to each segment of the race. Participating this year for the first time was the Finite Group’s very own Joe Ward, who managed to complete the event in an amazing 13 hours and 16 minutes.
Well done Joe on a fantastic result and despite your sunburnt “scabby head” – we are all very proud to have a genuine Finite Group Ironman on board!
 
23rd June 2009
FinXL secures GITC V5 accreditation with QLD Gov
FinXL IT Professional Services was recently accepted as a Queensland Government GITC V5 accredited supplier for ICT professional services. The Government Information Technology Contracting Framework (GITC V5) is the cornerstone of Government procurement for ICT products and services in Queensland and is the second State Government endorsement for FinXL, following the recent accreditation as an approved panel supplier to NSW Government’s Contract 2020.
“This represents a further important new opportunity to be able to service Queensland Government customers for the first time, having been supplying our services successfully to commercial clients in Queensland for several years”, says FinXL’s MD, Tracy Thomson. “We believe that FinXL has a great value proposition to offer Queensland Government and our team are very excited to start responding to new ICT professional services enquiries”.
FinXL was established in 2003 and has grown rapidly ever since carrying our project assignments in 6 States and achieving IT Consultancy sales revenues of over $90M for FYE June 08.
18th May 2009
FinXL Opens New Perth Office
Despite the current economic downturn, leading IT vendor FinXL IT Professional Services is forging ahead with its expansion plans with the opening of its new Perth office. Located within the very heart of the Perth CBD in St Martins Tower, FinXL is confident the WA market offers new long term business opportunities.
We are being asked “Why are you opening a new office in the midst of a downturn?” says FinXL’s Managing Director, Tracy Thomson. “Although the IT consultancy market is definitely subdued, we believe this is a great time to source an experienced local team and to start marketing our capabilities. We are also fortunate to have had a team of Consultant’s working within WA on client assignments for several years and also many of our large national clients have Perth based operations. These should position FinXL well when things pick up again.”
FinXL IT Professional Services - Perth
Level 26, St Martin's Tower
44 St Georges Terrace
Perth, WA 6000
Tel: 08 9219 3500
Fax: 08 9219 3599
14th May 2009
FinXL wins NSW Government ICT Services Panel Place
 FinXL IT Professional Services was recently accepted under EOI 0800542 for provision of ICT Services to whole of NSW Government (1 March 2009 to 28 February 2012). This groundbreaking new contract represents the largest ICT services contract ever released in the NSW public sector and is the first major win for FinXL to supply services to Government.
“We have been waiting for this important opportunity to be able to service NSW Government customers for many years and were delighted to have been included on the new panel”, says FinXL’s MD, Tracy Thomson. “The innovative NSW Government ePortal that’s been designed for ordering and the new interactive features should offer some significant advantages to buyers going forward. We believe that FinXL has a great value proposition to offer NSW Government and our team are very eager to start responding to RFQ enquiries”.
FinXL met each of the quality, price and service requirements and with this “pre-approval”, it will make it very easy for NSW State Government departments to procure ICT services from FinXL going forward.
FinXL was established in 2003 and has grown rapidly ever since carrying our project assignments in 6 States and achieving IT Consultancy sales revenues of over $90M for FYE June 08.
February 2009
FinXL revenues still growing despite market downturn
Sydney, 24th February 2009 – FinXL IT Professional Services are pleased to advise that sales revenues continued to rise by 20% during the 6 months to 31st December 08 to over $50M, in an increasingly difficult Australian IT consultancy market. Commenting on the result, FinXL’s MD Tracy Thomson said, “although the economic downturn is having a dampening effect on most industry sectors, there are still opportunities out there for niche IT consultancies such as FinXL that are prepared to search them out. Competition has never been fiercer, margins remain under pressure, however the strength of our ongoing client relationships and our unique value-added services has led to a significant number of new professional services opportunities for FinXL”.
“We do not foresee any let up in market conditions during the next 3-6 month period. FinXL’s main focus continues to be on strengthening our consultancy team and our ability to offer very competitive IT services in the current “cost cutting” environment to support internal resources that are coming under increasing pressure”.
FinXL will also be opening a new Perth, WA, office shortly as a strong vote of confidence that the WA IT market will pick up again in the not too distant future.
February 2008
Continuing Excellent Growth for the Finite Group
The Finite Group has posted another exceptional set of results for the period Jul – December 2007:
Group Turnover (including FinXL IT Professional Services) for six months to December 07 increased to $110M (up from $73M for the same period in 2006 – an increase of over 50%).
Year on year: Group Contracting / Consultancy revenues grew at 52%; Finite Perm revenues (including executive recruitment) grew by nearly 30%.
Commenting on the continuing very strong Group performance, Managing Director, Tracy Thomson, confirmed that:
“The Finite Group is very well placed to benefit from the exceptional organic growth opportunities still available within the buoyant IT marketplace throughout Australia (and increasingly the Asia Pacific). Despite the well reported “Skills Shortages” we are still managing to source and place high quality IT personnel in record numbers on the back of increasing demand in virtually every sector.
Notwithstanding the recent Federal Government election and traditional seasonal lull in December, demand has picked up rapidly again in January and we forecast that revenues will continue to grow on the back of continuing high demand, particularly within the Financial Services, Telco, Government and IT Vendor sectors.
Our ongoing investment in ‘our people’, ‘our offices’ and ‘our systems and infrastructure’ are also continuing to attract high calibre consultants and support personnel looking to join the Group.”
November 2007
Finite Group's Managing Director, Tracy Thomson, Entrepreneur of the Year National Category Winner 2007!
 Some of Australia’s finest business leaders and entrepreneurs were publicly recognised at the National Entrepreneur Of The Year award ceremony held in Melbourne’s Crown Casino ballroom last night. The five category winners from around Australia have come through from an original group of 83 regional finalists and represent the best of the best in entrepreneurial talent in Australia at the moment. Collectively, these entrepreneurs are providing jobs to over 10,000 people and are generating annual revenues in excess of $3 billion.
We are delighted to confirm that the Finite Group’s (which includes FinXL) Managing Director, Tracy Thomson, became the Entrepreneur of the Year 2007 National Category Winner for “Services including Financial, Business & Property”.
Tracy commented that “this was another fantastic national achievement for Finite following on from our earlier regional win in August, and could not have been possible without the support of such a talented and highly motivated team behind me. It’s also great to see the recruitment industry back on top within the Services category and recognition for the very important role our industry plays in supporting business and government on a daily basis.”
Further information on the Entrepreneur of The Year Awards program is available on the Ernst & Young website www.ey.com/au/eoy
October 2007
Finite Group back in the BRW Fast 100
FinXL’s parent, the Finite Group, are back in the BRW Magazine’s Fast 100 list of fastest growing Australian SME’s with an even better position than 2006, moving up from 87th to 76th place! The list is based on average % revenue growth taken over the last 3 consecutive years to June 07, with Finite scoring a very respectable 59%.Reported group revenues were $160.9M for FYE June 07. Finite had the largest turnover of any of the featured SME’s in this year’s list.
“The 100 fastest–growing companies battled skills shortages, a restrictive investment capital environment, increased red tape and compliance costs, and onerous taxation regimes to produce a collective turnover of $1.68 billion” – BRW Magazine.
August 2007
FinXL MD wins “Entrepreneur of the Year” Award
 FinXL’s MD, Tracy Thomson, was very honoured to receive recognition as the “Entrepreneur of The Year” Eastern Region winner in the Services Category at a black tie awards ceremony held in Sydney on August 16th. FinXL is part of the Finite Group. Tracy will now go forward to the national finals which will be announced on November 29th in Melbourne. There will also be one overall Australian Entrepreneur winner that will be selected to participate in the international finals that will take place in Monaco in 2008. The Awards program is run annually by Ernst & Young around the globe and co-sponsored in Australia by Qantas and Westpac.
July 2007
Finite Group Managing Director and Founder, Tracy Thomson, named Finalist in the 2007 Entrepreneur Of The Year Awards
Finite Group Managing Director and Founder, Tracy Thomson, named Finalist in the 2007 Entrepreneur Of The Year Awards
FinXL IT Professional Services is pleased to announce that Managing Director, Tracy Thomson, has been named a Regional Finalist in the 2007 Entrepreneur Of The Year awards. Tracy joins other leading entrepreneurs from across Australia who will compete for the ultimate prize of being named 2007 Entrepreneur Of The Year.
Tracy Thomson set up Finite from scratch in December 1998 establishing a new boutique recruitment agency in Sydney’s CBD specialising within the IT Financial Services sector, hence the name Finite. With considerable tenacity, a home-grown Access database and her entrepreneurial spirit, she backed herself and managed to persuade some impressive blue-chip organisations to give her that all important first opportunity to supply and prove her worth.
The Finite Group continues to grow rapidly now trading under two companies and three distinct brands: Finite IT Recruitment Solutions; FinXEC IT Executive Recruitment; and FinXL IT Professional Services; with Group revenues exceeding $160M for FYE 06/07, up by a staggering 50% on the previous year’s performance.
“Tracy Thomson” is always first to acknowledge that this success could not have been achieved by her alone and places her ability “to attract similar like minded individuals with compatible skill sets” as a key factor in developing the Finite Group into the dynamic and industry leading national enterprise that it is today.
Tracy Thomson will join her fellow finalists representing the Eastern States (NSW & ACT) at the regional awards ceremony on Thursday 16 August at the Four Seasons, Sydney, where the names of those progressing to the national competition will be announced. Finite appears to be the only recruiter represented amongst this year’s finalists.
Notes to Editors:
Key dates:
Eastern Region award ceremony, Sydney – August 16, 2007
National award ceremony, Melbourne – November 29, 2007
Launched in the United States in 1986, and in Australia in 2001, Entrepreneur of the Year is the first and only truly global award of its kind that celebrates entrepreneurs who build and lead successful businesses. In Australia the program is co-sponsored by Westpac and Qantas, and is supported by AusIndustry and Austrade. For further information, or to access the online EOY press pack, please visit the EOY web site at: www.ey.com/au/entrepreneur_of_the_year
March
2005
New opportunities bring further
sales growth for FinXL
FinXL continues to make impressive headway with IT consultancy
sales recorded of $6.4M for the six-month period to end
Dec 2004. Growth in all regions, including recent solid
inroads in ACT, and further new clients has enabled FinXL
to continue its expansion with over 120 consultants on assignment
in four states.
July 2004
FinXL delivers solid growth in first
year annual results
FinXL Professional Services P/L recorded an impressive
first year results with income of $2M achieved within 9
months and a very positive outlook for future sales growth.
During this initial period, consultancy personnel on assignment
from the company exceeded 50 for the first time with operations
spreading rapidly to Victoria and Queensland in addition
to New South Wales, where it all started. Managing Director,
Tracy Thomson, spoke highly of the team for the excellent
sales performance achieved and indicated that 2005 would
see sales spreading into other industry sectors and Canberra
for the first time.
September 2003
FinXL Commences Trading
Following the signing of a new vendor agreement with a
major Telco, FinXL commenced trading with its very first
consultancy assignment on 25th September. This was very
quickly followed by a second agreement with a further initial
assignment on 29th September with another major Telco, paving
the way for further substantial opportunity in this reinvigorated
up and coming sector. FinXL’s Managing Director, Tracy
Thomson, commented that “FinXL had enormous potential
to add value within tight IT budgets with clear advantages
over traditional IT consultancy sourcing methodology.”
May 2003 -
“A Start is Born”- FinXL
IT Professional Services takes shape.
Having identified a genuine gap in the market within the
Australian Telecommunications industry, Finite Recruitment
agree to the creation of an innovative new IT professional
services arm for the Finite group, offering IT Consultancy
resources with very transparent client benefits. The new
company, FinXL Professional Services P/L trading as FinXL
IT Professional Services is registered in May 2003 and preparations
are full steam ahead for its launch.
Ends-
ABOUT THE FINITE GROUP
Finite IT Recruitment Solutions is a leading independent Australian specialist IT recruitment company which was founded in 1998 and is head-quartered in Sydney.
Finite delivers quality ICT resources to its clients at all levels across Australia. With offices in Sydney, Melbourne, Brisbane and Canberra, Finite provide ICT contract, permanent and executive recruitment services and have an extensive and qualified database of top IT talent within the Finance, Telco, Commercial , ICT Vendor and Government sectors.
Finite’s sister company, FinXL IT Professional Services, also offers specialist ICT consultancy services to a growing number of leading Telco’s, Banks and Insurers, on demand.
Finite’s Managing Director, Tracy Thomson, was national winner of the Ernst & Young run “Entrepreneur of the Year” award 2007, in the Services category. For further information, please visit the EOY web site at: www.ey.com/au/entrepreneur_of_the_year
For further information please contact:
DUNCAN THOMSON
GENERAL MANAGER, FINITE IT RECRUITMENT SOLUTIONS
T: (02) 8243 6868 W: www.finite.com.au
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