Belfast-based data quality software provider Datactics has officially opened the doors to its second Belfast office situated at One Lanyon Quay, following significant growth in its business and supported by a recently-closed investment round of over £1.2m.
The office opening has come at just the right time for a firm whose workforce has more than doubled in the past year in response to growing customer demand, currently employing nearly 50 employees from across thirteen different nationalities. Special guests at the office opening included pupils from Rosetta Primary School, itself a globally diverse school, and where many Datactics employees have been engaged in a thriving education partnership helping children with English, math and coding skills.
Formally opening the office was Suzanne Wylie, CEO of Belfast City Council. In her remarks, Suzanne commented on how she had been greatly encouraged at how Belfast had supported the growth of indigenous technology firms like Datactics alongside global banking and technology giants.
Stuart Harvey, CEO of Datactics, said that the transformation of Belfast over his lifetime into a thriving hub of technology, combined with access to key human resources through the main universities as well as the Open University, was a key reason for continuing to develop Datactics’ Belfast base of operations.
Datactics specialises in profiling, scoring, cleaning and reforming data, which allows its partners and customers from across the financial sector and in government departments to maintain more accurate and standardised data. Its easy to use self-service data quality platform plays an active role in driving up standards of data quality across the organisation through adoption of industry-leading data standards such as the Data Capability Assessment Model (DCAM) from the Enterprise Data Management Council.
Datactics is proud of its cutting-edge capabilities and user friendliness which have led the firm to its current success, efficiency and year-on-year growth.
The firm is recognised as a ‘go-to supplier’ by many local and international customers from multiple financial firms and government bodies, as result of its global ambitions and innovative technology.
In 2018, Datactics received an investment of £1.2m provided by Par Equity (the Edinburgh investment fund) alongside the Kernel Capital (The Bank of Ireland, Kernel Capital Growth Fund NI).
The investment was used to support and accelerate the further development plans of the firm, including the opening of the new office in Belfast, alongside setting up of new offices in New York and Milan.
Datactics has spent much of 2018/19 in recruiting new staff across every department, to support its growth across international customers and partners, positioned throughout the UK, EU and the US.
The new team, enhanced business expertise and resources have greatly contributed to Datactics professional recognition in 2019.
This year, Datactics have been accredited by ‘Investors In People’ and shortlisted in the Belfast Telegraph IT Awards as the ‘Best Place to Work in IT’, as well as winning the Bobsguide award for ‘Best Regulatory Reporting Implementation’ with Danske Bank.
The firm is shortlisted for RegTech Insight Awards 2019, for the ‘Best Data Management Solution for Regulatory Compliance’ and the ‘Best Data Solution for KYC’. As well as recently celebrating their partnership with the local ‘Rosetta Primary School’, awarded with the ‘Education Partnership Award’ in the ‘BITC Responsible Business Awards 2019’.
The firm’s future plans include further refinement of its products and services, alongside Research & Development in Artificial Intelligence and Machine Learning, and to continue expanding its sales and marketing activities.