2


businessupdate News…


Conveyancing specialist is lookingto expand


Conveyancing company Convey Law is planning to expand to help them build on their past success. Newport-based Convey Law, a


specialist conveyancing practice, completed more than of 5,000 property transactions in 2011, putting it among the top ten conveyancing practices in the country, in accordance with Land Registry figures, for providing legal property services for residential transactions. This unprecedented growth comes


despite the housing market being hard hit by the recession and the number of property transactions nationwide falling by 50 per cent since their record high of 2007.


Lloyd Davies, managing director of


Convey Law, said: “While many businesses have struggled in the recession we have continued to build on our traditional relationships with estate agents and mortgage consultants as well as diversifying our marketing and increasing our internet presence. “Thanks to the success of this


approach, we now find ourselves in the unique position of looking for additional team members.” Convey Law is looking for both conveyancers and paralegals to join their successful conveyancing practice with aview to continuing to meet the high standards expected by clients. Mr Davies said: “Our staff are


extremely important to us and our success is closely tied into the dedication and skill of our team. “We have along track record of


promoting people from within and every person within our team is given the upmost support to succeed. “Our ultimate goal is to make


Convey Law agreat company that both our staff and clients are proud to be associated with.” Convey Law is an Investors in People accredited company.


businessingwent.co.uk for more on local business


Contact... Check out


Editorial


Jo Barnes Editor of Business Update Tel: 01633 777240 e-mail:


jo.barnes@gwent- wales.co.uk


Advertising Graham Harris


Senior Field Sales Executive Tel:01633 777135 e-mail: graham.harris@gwent- wales.co.uk


Newport-based Monmouthshire Building Society has been named as arunner-up in the ‘Best Regional Building Society’ award category at the Mortgage Finance Gazette Awards in London. The awards acknowledge the achievements of people and organisations within the UK mortgage lending industry. Last year it was awarded the


title of ‘Best Regional Building Society 2011’ which is presented to the mutual lender which offered the most consistently competitive mortgage rates over the past year.


Andrew Lewis In 2012, MBS was honoured


in the same category as runner- up, demonstrating that for two consecutive years it has been recognised for the quality of its lending and the overall competitiveness of its mortgage product range. Andrew Lewis, chief


executive of the society, said: “A key part of the society’s business ethos has been to boost aspirations for home ownership within the local communities in which we operate. As aregional building


society, we aim to be avibrant and supportive contributor to both the local economy, and our


Tuesday March 6, 2012 Societynamedoneof thebest–again


local customer base.” He said: “This second accolade from the


Mortgage Finance Gazette Awards further boosts the society’sreputation for the ongoing quality of our lending and mortgage products. “Our regional excellence is the foundation


upon which we will continue to build our reputation further afield, across the whole of England and Wales, through our own branch network and mortgage intermediary platforms.” The Newport-based mutual society


announced another excellent set of annual results, in which its assets grew to arecord £742m, up from £692m the previous year. In the 12 months to April 30, 2011, the


society experienced growth of 7.2 per cent, while profit after tax exceeded £2.4m.


Onlinegamingfirmaims to letyouplay at trading N


ewport-born businessman has launched an online social gaming business providing fantasy and simulated financial trading games. TraderPeople is the brainchild of IT


and finance expert Jonathan Rose and his business partner Chris Hobcroft. The pair have worked together for ten years in London’s financial district at investment company Blenheim Chalcot. The company creates unique, online virtual


trading games aimed at avariety of gamers, from inquisitive novices through to experienced traders. The first two games to be launched are Traderversity (www.traderversity.com), atrading game designed specifically for students, and TraderPlay (www.traderplay.com), asimilar game but accessible to all. Jonathan was born at Coldra House (now the


Celtic Manor Hotel), spent his early years in Rogerstone, Newport, and went on to study at Imperial College London. Traderversity is the world’sfirst free-to-play


financial trading game with real-time prices, aimed exclusively at theUKstudent sector, bringingawhole new interactive dimension to online trading games. Jonathan said: “From our own experiences


we identified aneed in the market for anew dimension to trading games. “There are some similar offerings out there


but we wanted to createamore interactive gaming system, which was as life-like and dynamic as possible. “Other trading games can be slow and bit unresponsive based but ours is different in that it shows the players real-time dynamic prices and shows the value of their virtual portfolios to the nearest second. “Between us, we have worked with Blenheim


Chalcot for 10 years, and in January 2011 we noticed that that alot of our friends and colleagues were interested in finding out more about the global economy and trading, but had no way of learning, without engaging in anMBA or acourse on Finance. “The turbulence in the global economy had


Jonathan Rose


brought this to the front of peoples’ minds, but to many of them, alot of it remained acomplete mystery. By September we had abeta version being trialed and in December we launched Traderversity and TraderPlay.Wetested the games on friends, family, work colleagues, and refined the systems before going live. Feedback was very positive and many welcomed the idea of learning about thefinancial trading scene. “We are planning to launch mobile apps and


develop the games to give users the ability to set up their own tournaments against friends.


“We’re also looking at developing an in-game


chat function to make our games fully interactive as well as international versions for global gamers. We’re also looking to introduce some new trading games based around sporting events –sosports fans… watch this space! “We have set ourselves ambitious targets and


hope to reach 50,000 gamers on our platform by the end of 2012. We’re keen to grow the game development side of the business and welcome enquiries from companies looking to launch their own trading games.”


Follow us on Twitter: @SWABusiness


Page 1  |  Page 2  |  Page 3  |  Page 4  |  Page 5  |  Page 6  |  Page 7  |  Page 8