Dion Global Solutions (Dion), a leading provider of software solutions to financial markets globally, has announcedannual results for the year ending 31st March 2012.The company reported revenue of Rs1.74bn, a 35% increase over the previous financial year. For the fourth quarter, revenue was Rs633mn, a 22% increase over the previous quarter. The consolidated EBITDA is Rs82mn against Rs165mn inthe previous year.

Ralph Horne, Global CEO & Managing Director, Dion, said, “The Company has seen strong growth across most sectors, which is most encouraging against the back backdrop of the current economic conditions.  Dion has maintained its strategyof continued investment in both products and geographical reach.  Investment has not been restricted to existing products, but will also see the company launch new solutionsaddressing the requirements of OTC pricing, regulation/compliance and international equities settlement in the coming year.  This expanded product set not only positions Dion to address current spending initiatives, but also ensures we are seen as a trusted partner capable of servicing our customers globally.  We anticipate continued strong growth in the coming year as we assimilate and leverage off our recent acquisitions.”

The financial year 2011-12 has been a year of business and product portfolio expansion for Dion. The company has expanded its presence in Europe through the recent acquisitions of Investmaster (now rebranded as Dion), a leading UK based provider of Wealth Management and Stockbroking solutions, and Swissrisk Financial Systems, a provider of trading, workflow and messaging solutions across mainland Europe. Dion has also ventured into the North American market throughan assetacquisition of Toronto based BPS Enterprise, a leading audit solution across Canada and United States.