Our rise to the UK Fast 50

What a year it’s been. For every year that passes, every new team member, client and partner, we see the Solidatus vision continue to develop in ways we could only have hoped for when we embarked on this journey almost 11 years ago – 2021 has been the most eventful in our history.

Since 2017, we have grown 932%, which sounds like a fantastical number – because it is. Winding the clocks back to early 2020, we didn’t anticipate that Solidatus would take off the way it did during a global pandemic. We’ve seen some of the most talented and inspiring people in the industry walk through our virtual door in that time, and we’ve succeeded beyond where we thought possible when we left our desks and hunkered down in our new home offices nearly two years ago.

Recent accolades are testament to our achievements. From making the RegTech 100, to winning numerous awards including ‘Most Innovative Data Governance Initiative’ and ‘Best ESG Regulatory Solution’ , to securing our £14 million Series A funding with its backing from Citi and HSBC. It’s humbling to have such a great team and to have led it through such a challenging time.

So, when it was announced that we were the UK’s 41st fastest growing technology company at the 2021 Deloitte UK Technology Fast 50 event, the feeling of pride was no different. This award is a culmination of what we have done and demonstrates the impact we continue to have in transforming data management.

Solidatus Co-CEOs & Co-Founders Philip Miller and Philip Dutton 

The Fast 50 has been running for 24 years, and when we started Solidatus in 2011, winning a such prestigious award, and joining an elite list of trailblazers, seemed like a pipedream. However, that dream came true and we proudly accepted our place alongside the most impressive tech companies in the country. It’s difficult to convey what this recognition means to us as the founders of Solidatus.

The years of hard work and long nights, being the evangelist, the team building, along with forging important, long-lasting relationships have paid off in so many ways. This is one of those ways, and we hope to be included on this list again, as well as others like it, because we plan on continuing to grow at an exceptional rate.

So much has been achieved already, and there’s much more to come, and with the help of our wonderful team, community of innovative partners and clients, we can’t wait to share the next steps in the Solidatus journey.

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LONDON, November 19, 2021 – Solidatus, a leading data management technology firm, has been named as one of the 50 fastest growing technology companies in the UK in Deloitte’s 2021 UK Technology Fast 50 rankings. The winners of one of the UK’s foremost technology awards are selected by Deloitte according to their fiscal year revenue growth from 2017 to 2021. Solidatus grew by 932% during this period.

Since its inception in 2017, Solidatus has empowered organisations with next generation data management, enabling them to accelerate the modernisation of data and achieve a comprehensive understanding of their data landscape. Used to govern, transform, regulate and optimise enterprise data, Solidatus not only helps organisations to automate processes, but also reduce costs and mitigate exposures to risk.

I am extremely proud of what our team has accomplished over the past few years and we’re honoured that Deloitte has recognised this by including Solidatus in its UK Technology Fast 50 rankings,” said Philip Dutton, Co-Founder and Co-CEO at Solidatus. “While the ongoing disruption caused by the global pandemic has been challenging for everyone, at Solidatus we’ve persevered so that we continue building on our success. We are achieving our goal of helping organisations digitally transform through a data-centric and lineage-enabled approach.”

As the amount of complex data points businesses are dealing with on a daily basis continues to grow exponentially, we’re simplifying the process of how they can discover, document, map and manage their data more efficiently,” said Philip Miller, Co-Founder and Co-CEO at Solidatus. “This recognition from Deloitte is a real testament to the dedication of our team that is transforming data management for any industry.”

Earlier this year, Solidatus was recognised by A-Team Insights as the ‘Best ESG Regulatory Solution’ in the RegTech Insight Europe Awards 2021, and as the ‘Most Innovative Data Governance Initiative’ in the A-Team Innovation Awards 2021.

The last year has been the most successful in Solidatus’ history, with the company completing a £14 million Series A funding round in February 2021 that has helped its expansion across Europe, Asia and into the US.

For more information please contact:
Media enquiries Paragon PR ∙ solidatus@paragonpr.com ∙ +1 973-255-7153
Website www.solidatus.com ∙ LinkedIn ∙ Twitter @Solidatus_com

About Solidatus
Solidatus is an innovative data management technology company, empowering organizations to unlock the true business value behind their data. Its lineage-first technology enables organizations to connect and visualize data relationships across the enterprise, simplifying how they identify, access and understand them. Launched in 2017, Solidatus is the chosen data management tool for both the regulators and the regulated. Its clients and investors include top-tier global financial services brands such as Citi and HSBC, healthcare and retail organizations as well as government institutions. Solidatus has offices in the United Kingdom, the United States and Singapore. For more information, visit www.solidatus.com.

About Deloitte
In this press release, references to “Deloitte” are references to one or more of Deloitte Touche Tohmatsu Limited (“DTTL”) a UK private company limited by guarantee, and its network of member firms, each of which is a legally separate and independent entity. Please see deloitte.com/about for a detailed description of the legal structure of DTTL and its member firms.

Deloitte LLP is a subsidiary of Deloitte NSE LLP, which is a member firm of DTTL, and is among the UK’s leading professional services firms.

The information contained in this press release is correct at the time of going to press.

For more information, please visit www.deloitte.co.uk

About the Deloitte UK Technology Fast 50
The Deloitte UK Technology Fast 50 is one of the UK’s foremost technology awards programmes. Now in its 24th year, it is a ranking of the country’s 50 fastest-growing technology companies, based on revenue growth over the last four years. The UK Fast 50 awards are all about growth driven by leading intellectual property and are a celebration of innovation and entrepreneurship. Previous winners have come from across the UK, are both large and small, and included some of the most dynamic players in all areas of technology, from IoT to biotech, digital media technology to life sciences, fintech to software and clean energy to telecommunications.
For more information visit www.fast50.co.uk

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“ESG is a data sourcing and governance challenge, requiring transparency and clear links to company objectives to drive it successfully. Investing in mapping and understanding data flows – and relating them to ESG priorities – will help companies make a positive impact.” – John Tobin, Data Architect and ESG specialist at Solidatus on the issues surrounding ESG and implementing a successful data strategy.

Because ESG data is dispersed and complex with little to no standardisation, many organisations are struggling to know exactly how to implement ESG initiatives and governance requirements – not only to meet the criteria of potential investors, but to make a positive impact environmentally and socially.  

Solidatus irons out these complexities and provides clarity for businesses to set out their ESG goals, with a clear, linear view of how these important goals will be achieved. This is why we have been recognised by A-Team Insights as the ‘Best ESG Regulatory Solution’ at the RegTech Insight Europe Awards 2021. 

These prestigious awards recognise innovation in highlighting RegTech solutions that have successfully improved firms’ ability to effectively respond to the evolving and ever complex regulatory requirements across the global financial services industry.

RegTech Insight Europe Awards Winners Report

We are elated to have won this award, having taken a huge leap into the world of ESG in order to understand how it works, its benefits and how we can apply our learnings and thought leadership to better serve our clients as they start out on their ESG journey.

The Solidatus solution maps disclosures, ‘standards’ and regulations to the people with responsibility for them, as well as to company priorities and the data required to fulfil them. This presents a unified, end-to-end view, both for setting out how a company will deliver on their ESG aims and tracking progress on filling data gaps.

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Solidatus has been named as one of the Most Influential FinTech Companies of 2021 by Harrington Starr’s The Financial Technologist. 

The Most Influential FinTech Companies list features the brightest and most dynamic companies in the industry, and is particularly poignant as we see and hear from businesses that have not only survived the pandemic, but come through stronger, bigger and even better than they were before.

After being named on this prestigious list, Solidatus Co-Founder Philip Miller caught up with Harrington Starr CEO Toby Babb for an episode of FinTech Focus TV where they talk through what Solidatus has been up to over the past year, how we have navigated through the pandemic during a time of massive growth and expansion for the business, and how we chose our new investors through the recent Series A fund raise.

Philip gives an exclusive look at the factors behind our success – from the importance of investors, to developing an incredible product – he sheds light on how we have capitalised on the opportunities arising in the FinTech space, as well as what is next for Solidatus.

Head over to FinTech Focus TV to watch the interview:

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