First Derivatives founder Brian Conlon has won the Innovation Founder Award 2015, an honour bestowed by the Northern Ireland Science Park.
Mr Conlon set up the financial software company in 1996 in his mother's home in Newry, and it has since grown into a major plc with earnings of £83.2m and a workforce of over 1,200.
Newry has remained the company's base despite its global growth.
Mr Conlon will receive the gong on October 8 at the NISP Connect INVENT 2015 Awards. The award is given to individuals who have led a knowledge economy business to major success.
Mr Conlon said: "I'm honoured to accept this award on behalf of everyone in Northern Ireland who has helped make First Derivatives a success.
"My company was founded with the idea that the best innovations can come from Northern Ireland, because the most talented people are in this country. I've never doubted that our Newry base has been instrumental in our success.
"We've always focused on being cutting-edge and pushing frontiers in banking and financial services. With a little ingenuity and a lot of hard work, any innovator in Northern Ireland can follow this path."
Julie Ann O'Hare, director of business banking at Bank of Ireland UK, congratulated Mr Conlon. "As one of Northern Ireland's three plc companies we are proud to have been bankers to First Derivatives from its early stages right through to public listing and acquisition strategy.
"Its success story resonates with so many of the core attributes required for creating commercial value and delivering economic growth in Northern Ireland."