- Novosibirsk/Moscow, Russia
- Year of the first investment:
- Size of share holding:
- Large minority
CFT is the leading Russian software developer for the financial sector, and one of the top five Russian companies to develop its own software. The company has for some years now enjoyed annual rates of revenue growth well above the market average, at around 30 per cent per year.
CFT is among the leading companies providing software for the investment industries and processing services across Russia and the CIS. Baring Vostok Private Equity Fund III became a shareholder of the company in 2006.
Today’s decision by the Basmanniy Court to prolong the pre-trial detentions of Maxim Vladimirov and Philippe Delpal was unfounded.
Today the Basmanny Court once again prolonged the house arrest of the founder of Baring Vostok Michael Calvey, without any legal basis for the arrest.