The Group was founded in late 1974 by Richard Wolfe, then an idealistic young software developer and his partner, Colin Clarke with whom he worked for many years and who shared the same ideals. It has maintained both its independence and its character throughout the years that have followed. And all of the Group companies enjoy long and mutually productive relationships with their clients.

As the company has grown, so it has moved into three specialized business areas – with software solutions for property management, reinsurance broking, and financial messaging – and in each of these areas it has developed mission critical systems on which clients are able to base their businesses.

The companies that comprise the Trace Group are primarily business specialists, focused on each of these sectors. But they are technology specialists too, as mission critical solutions cannot survive without ‘best of breed’ software. Constant evolution and investment in innovation is why the Trace Group continues to thrive after more than 40 years since its foundation.


Leading supplier of business-critical software to insurance and reinsurance brokers.


Leading provider of advanced messaging solutions, helping major financial institutions to communicate complex business information.


Supplies several of the best known property management packages in the UK.


The Trace Group is wholly owned and run by its employees. Its status as an independent, employee-owned company was assured in 2007, when Richard Wolfe used his own shareholding to help fund the contested but ultimately successful management buyout.


Prior to that, the Trace Group had a listing on the London Stock Exchange main market. Trace was the first company ever to move from public ownership to employee share ownership, achieved without the need for any external finance.

It remains completely in control of its own destiny.