Millennium Growth

Millennium IT (MIT) that established a niche for it self in the area of capital market enabling software says they will offer a new product soon that will link revenues to transactions of their clients.






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Millennium IT (MIT) that established a niche for it self in the area of capital market enabling software says they will offer a new product soon that will link revenues to transactions of their clients. So far Millennium has been selling proprietary software that doesn’t generate returns ones sold.

I stated the interview by asking Millennium IT CEO Tony Weerasinghe if the company can maintain growth with its business model of selling niche proprietary software to exchanges.

Shamindra Kulamannage: Do you think the MIT can maintain growth with its business model of selling niche proprietary software to exchanges.
Tony Weerasinghe: I think we have made a great success of branding our proprietary software and the market has started accepting it. In the recent past we have acquired some very large customers- top tier customers- because of the technology and the product’s maturity, they saw it can help them in their business.

The largest customer in the fixed income in the