MCT Earns Medallion Award for Workplace Excellence
SAN DIEGO, Calif., January 6, 2012 – MCT Trading, Inc. (MCT), a leader in hedging and risk management services, announced that it has been named a 2011 Medallion winner for the annual Workplace Excellence Awards held by the San Diego Society for Human Resource Management (SD SHRM). Each year, the SD SHRM honors local companies having exceptional HR practices that become instrumental to their success and profitability.
MCT received Medallion recognition in the small company category of less than 149 employees, specifically for its commitment to staff retention. Companies in each category move through several rounds of an application process whereby a panel of judges ultimately evaluates and scores their workplace excellence practices.
“Since day one, MCT has focused heavily on investing in our employees by creating an innovative and open environment where they are both challenged and feel valued,” said Curtis Richins, president of MCT. “We strongly believe the culture MCT has developed directly translates into the superior service our customers receive, and it’s an honor to be recognized with the San Diego SHRM Medallion award.”
Founded in 2001, MCT boasts nearly a 100% retention rate for both its employees and customers. In 2011, MCT expanded its San Diego-based headquarters and its San Francisco office, and opened new offices in Philadelphia and North Carolina. The company was named to Inc. 5000’s 2011 fastest-growing private companies list with a rank of 39 in the financial services category and an overall rank of 776. MCT has an impressive three-year sales growth rate of 405% and it consecutively doubled annual corporate revenue in 2010, and again in 2011. The company recently celebrated its ten year anniversary.
About MCT Trading
MCT Trading, Inc. is a risk management and advisory services company providing independent analysis, training, hedging strategy and loan sale execution support to clients engaged in the secondary mortgage market. Founded in San Diego, CA in May 2001, the company has expanded to include field sales and support offices in Philadelphia, PA; Dallas, TX;Charlotte, NC; and San Francisco, CA. MCT is recognized as a leading provider of mortgage pipeline hedging service and currently supports more than 70 clients on the HALO (Hedging And Loan sales Optimization) Program. For more information, please visit mct-trading.com or call (619) 543-5111.
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