We have put together our highlights for 2020 to end this season in a positive note! Have a look below:

Data Management Insight Award 2020

RegTech 100

Goodacre Systems In The City Awards

Waters Technology: Women in Technology & Data Awards – Diversity and Inclusion

Deloitte Technology Fast50 2020

We are looking forward to unfold what 2021 is set to bring, happy holiday season from all of us at Datactics!

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New York, Amsterdam, London, Belfast, December 4^th 2020

Datactics has won the Data Quality Analysis Tool award from A-Team Group for the second year running, closing out a successful 2020 for the Belfast-based software firm which added three major Tier 1 financial clients in New York, Amsterdam and London. 

Stuart Harvey, CEO at Datactics, was delighted to win the title:

We see this award as a thumbs up for the technology and the team. We are seeing strong growth in a demand for self-service technology in relation to data quality. This approach means that broken data is rapidly identified and returned to data stewards for review or automatic remediation. Datactics is now a crucial part of our clients’ data automation workflow and showing a strong return on investment.

Angela Wilbraham, CEO of the A-Team Group, who hosted the Data Management Insight Awards 2020, commented:

Our awards recognise leading providers of data management solutions, services and consultancy to capital markets and Datactics has proven themselves to be worthy winners of this prestigious title. We congratulate Datactics winning the Best Quality Analysis Tool in recognition for the continuing excellence in the data management space.

The final word goes to Kieran Seaward, Head of Sales at Datactics:

We’re delighted to be ending the year on a high. We’ve met the challenge of 2020 head on, securing three major clients in Europe, the UK and the USA on some of their biggest data management programmes to date. As we shared at the recent Data Management Summit, one real-world success story was demonstrated by a client of ours in the UK.

Using our platform, their non-technical data specialists were able to reduce the time taken to build and deploy a data quality solution from three weeks to under three hours, greatly speeding up their scenario planning as part of COVID-19 preparations. We’d love to thank all at A-Team and the judging panel for their hard work and look forward to working with them next year.”

About Datactics

Datactics specialises in self-service data quality and matching software designed for non-technical business users in financial services firms. The platform helps to eliminate roadblocks common in data management where firms are overly reliant on IT to interpret and hard-code rules into core systems. Solutions ensure compliance with data-driven financial regulations; deliver a true “single customer view”; and increase the accuracy, and reduce the cost, of AML & KYC functions.

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• A panel discussing exploring the challenges associated with getting data into the hands of those that need it and will explore approaches to data governance and data quality issues, to make the process of using and sharing data, as frictionless as possible.

• A Keynote session looking at ‘a data-driven re-start’ that will cover the impact of COVID-19 on shifting business priorities and focussing on how existing data management processes and data architectures have changed – as well as problems encountered along the way 

Check out the full agenda at DMS Virtual USA and register your place by clicking on the image below:

Taking place on 29th and 30th September with daily live keynotes, live speaker chat, Q&As sessions and pre-recorded content available; the Data Management Summit USA Virtual will explore how sell side and buy side financial institutions are navigating the global crisis and adapting their data strategies to manage in today’s new normal environment.

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We took part in this year’s Global RegTech Summit, hosted by  RegTech Analyst and FinTech Global.

This year’s event is bringing valuable presentations to the table with the calibre of the speakers and the presenters.

Bad data can’t wait for IT. Business demands on data are increasing and traditional tools and processes can’t keep up.

Datactics Self-Service Data Quality platform empowers business users to self-serve for high-quality data, saving time, reducing costs and increasing profitability.

At the Global Regtech Summit, you can learn about the latest innovations in regulatory technology from the comfort of your home. Hear debates and presentations from RegTech leaders and innovators leading the shift to digital.
Understand how the compliance and risk management industries are responding to the challenges caused by the pandemic
Find out how to deal with the regulatory challenges caused by remote communication. At the Global Regtech Summit, you can see the latest innovation in customer onboarding and communications monitoring. Identify new commercial opportunities for your organisation

Network with over 1,500 execs from financial institutions, entrepreneurs and investors. Engage with senior-level leaders working in innovation, compliance, risk management, technology, digital and customer experience. Join an international gathering without breaking social distancing rules. Ask your questions via interactive Q&As, polls and chats during all sessions. Arrange video and conference meetings via our interactive event app available for 30 days after the event

For more details about the Summit, click here.

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Fresh from landing back in Belfast, Matt Flenley takes some time to reflect on the five major things he thinks about Europe’s self-proclaimed largest fintech event…

1. Money 20/20 needs more banks to engage fintechs at the event, and for app usage to be a must

ING and Santander had a big brand presence at the event, although more as a showcase of a funky cafe/bar (ING) and a print-your-face-on-a-coffee boutique (Santander) than being open to fintechs coming up and pitching / asking questions. Rabobank had a stand in the centre of the main hall and were probably the easiest to approach. ABN Amro were tucked away and seemed to be mostly featuring a VR kiosk. Overall, the feeling was that Money 20/20 needs more banks involved in the story to be a credible space for fintechs to take the time to sponsor or attend, and definitely – from speaking to fellow fintech & regtech delegates – if you work at a bank and want to attend Money 20/20, using the app to meet firms surely has to be the point of having an event app.

2. Banks love an API

We heard multiple times from multiple stages how much banks want API-everything. This makes sense – microservices for specific fine-tuned requirements that they can access easily and readily. But it’s also very bank-centric; given fintechs specialise in parts of the journey banks either can’t do or find it hard to do, it would seem sensible for them to be actively scouting out events like this to discover which services are going to liberate their back offices and deliver proper customer benefits at reduced cost.

3. The future of data is… not something banks are that interested in?

Judging by the all-fintech panel talking about how to monetise data on the third day of the event, banks are either completely confident they’ve got the future value of data totally covered or they’re still some way from figuring it out. Or, maybe (and this leads to point 4), perhaps they aren’t engaging with Money 20/20 as much as they used to…

4. Does Money 20/20 have it covered?

There’s a definite sense that the Amsterdam event is less well-attended than its Vegas version. Now, personally speaking I like the laid-back, roomy nature of the Rai as an event venue (it’s by far and away the best venue for food, and for getting the step count up!) but does this mean the event was under-sold given how busy the Vegas one is by comparison? Maybe fewer banks are attending, and fewer firms too, which is a concern for future events.

5. Sideshows are great fun but do they need to be so big?

The Street Takeover and Welcome Party are definitely great social events, and really well-supported and resourced, but in an age where banks are more and more under pressure to be efficient beasts, with high degrees of automation, does the scale of this kind of event put banks off from being associated with it?

Overall conclusion…

We did meet some really brilliant people we’d not usually encounter, in an environment which was laid-back and mostly free from worry about the day job! We benefited from this year’s event, whether through social media, visiting our client in the Netherlands, or taking part in video content wherever we could (thanks to Invest Northern Ireland for our part in the RTW Payments Race, and Fintech Finance for a vox-pop video). There’s definitely still enough in it for us to consider going in 2020, to use this as a marketing & promotional exercise, accessing a vast global platform that helps expand our reach, but – sorry sales team, you’re probably best staying at home!

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