FDM Group
 | |
| Company type | Public |
|---|---|
| LSE: FDM | |
| Industry | IT Services |
| Founded | Brighton, 1991 |
| Headquarters | , United Kingdom |
Key people | Ivan Martin,(Chairman) Rod Flavell,(CEO) |
| Revenue | £189.4 million (2016)[1] |
| £35.4 million (2016)[1] | |
| £26.2 million (2016)[1] | |
Number of employees | 3,170 (2016)[1] |
FDM Group is an international IT services company, headquartered in London, United Kingdom with offices in Leeds, Glasgow, Brighton, New York City, Toronto, Reston, Frankfurt, Hong Kong, and Singapore. It is composed mostly of recent university graduates and ex-military personnel, who are trained in the FDM Group academies before working as consultants for one of FDM Group’s clients, primarily financial institutions and banks around the world. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.
History
FDM was founded as Brighton-based IT services provider Flavell Divett International in 1991, founded by present-day CEO, Rod Flavell. The company focused on IT recruitment until acquiring Mountfield Software in 1995. In 1998 the name changed to FDM Group to reflect this acquisition and the company began hiring, training and placing their own Consultants on-site with their clients.[2]
In April 2005, FDM Group floated on the Alternative Investment Market, raising £3m net for the company.[3] By 2010, the company completed a management buyout to once again bring the company private.[4] In June 2014, FDM again had a floatation, this time valued at £308m on the London Stock Exchange. FDM Group remains publicly traded on the London Stock Exchange today.[5]
In 2015, the company opened new offices in the city centres of Leeds[6] and Glasgow.[7]
Training and initiatives
FDM Group’s model involves recruiting recent university graduates and ex-forces to turn into consultants for their clients. These graduates and ex-forces go through 12-16 weeks of training in one of FDM Group’s academy facilities before signing a two-year contract with the company to work as a consultant. As consultants, the employees work on the site of their clients which include mostly the banking and finance industry.[8]
FDM Group has a Women in IT initiative focused on hiring and inspiring women to pursue jobs in STEM fields. As part of their efforts, they have sponsored the 2013, 2014, 2015 and 2016 everywoman in Technology Awards in London.[9][10]
FDM Group also has an ex-forces initiative, which began in their New York academy as the Veterans Initiative. Through this, they have partnered with the British Forces Resettlement Services[11] and signed the Ministry of Defence Armed Forces Corporate Covenant[12] as well as a US Army Memorandum of Agreement with the Army PaYS Programme.[13] In New York, FDM Group has sponsored the Wall Street Rocks charity concert[14] and marched in the Veterans Day Parade to further support the cause of helping veterans find jobs.[15]
References
- ^ a b c d "FDM Annual Report 2016". Fdmgroup.com. Retrieved 2 June 2017.
- ^ "FDM". Complete University Guide. Retrieved 2 June 2017.
- ^ "FDM Group". Money and Business. 2 October 2005. Retrieved 2 June 2015.
- ^ "How to buy back your business". Real Business. 9 October 2011. Retrieved 2 June 2015.
- ^ "FDM GROUP HLDG share price (FDM)". London Stock Exchange. 20 June 2014. Retrieved 2 June 2017.
- ^ Hello (2 September 2015). "Major IT firm provides jobs boost for Leeds". Yorkshire Evening Post. Retrieved 2 June 2017.
- ^ Scott Wright Deputy Business Editor (26 September 2015). "FDM is latest to sign up at 1 West Regent Street (From HeraldScotland)". Heraldscotland.com. Retrieved 2 June 2017.
{{cite web}}:|author=has generic name (help) - ^ "Computing & IT Careers". FDM Group. Retrieved 2 June 2017.
- ^ Kayleigh Bateman (20 March 2015). "Winners of the 2015 FDM everywoman in Technology Awards announced". Computerweekly.com. Retrieved 2 June 2017.
- ^ Start time: 6:45PM (23 February 2016). "2016 FDM everywoman in Technology Awards". Everywoman. Retrieved 2 June 2017.
{{cite web}}: CS1 maint: numeric names: authors list (link) - ^ "FDM Group Ltd | Company Profile | Forces Resettlement Service". Bfrss.org.uk. Retrieved 2 June 2017.
- ^ "Businesses who have signed the Armed Forces Covenant (company names beginning with E)". GOV.UK. Retrieved 2 June 2017.
- ^ "PaYS Newsletter". Armypays.com. Retrieved 2 June 2017.
- ^ "Wall Streeters Trade Pinstripes for Chords". New York Times. 12 July 2012. Retrieved 2 June 2017.
- ^ "FDM Marches America's Parade - Veterans Day 2013". YouTube. 30 January 2014. Retrieved 2 June 2017.