Solidatus chosen as Microsoft Purview’s data lineage integration partner

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Microsoft names Solidatus as key technology partner in their reimagined data governance experience with Microsoft Purview.

March 27, 2024: This week, Microsoft named Solidatus as its preferred data lineage integration partner as it unveiled a reimagined data governance experience in Microsoft Purview, launching in preview on April 8, 2024. This new software-as-a-service (SaaS) platform provides intuitive business-friendly interaction, seamless integration across data sources, AI-driven efficiency, and actionable insights, empowering their users to enhance their data governance processes.

Microsoft will extend the value of Microsoft Purview for customers through pre-built integrations with a select group of technologies. Solidatus, the world’s leading data lineage solution used by some of the largest, most complex organizations, is proud to be chosen as their technology partner. Data lineage forms the foundation of modern data governance. Without it, complexity results in silos, information mismatches, and limited visibility into data movement across the organization. This dynamic partnership will empower Microsoft Purview’s global customer base to harness Solidatus’ best-in-class data lineage and its unrivalled capabilities in fine grain lineage, visualization and version control, boosting their data governance efforts and fostering stronger, more resilient businesses.

This announcement comes at a pivotal moment with the rise of generative AI, presenting new opportunities for individuals, businesses, and industries alike. Yet, accompanying these opportunities are significant challenges: escalating cyber threats, increasing regulations, expanding data estates, and the demand for actionable data insights.

"Whether applying AI, driving digital transformation, or ensuring regulatory compliance, our best-in-class data lineage enables users to build a living twin of their enterprise metadata, laying the foundation for informed decision-making. Purview customers will gain a unified and actionable view of their governance workflows, empowering them to tackle their most pressing data challenges.”

Philip Dutton, Solidatus CEO

Read Microsoft’s announcement

Find Solidatus on the Azure Marketplace

Explore the future of data governance by booking a demo now.

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For the second successive year, Solidatus has ranked in the FT’s annual list of Europe’s fastest-growing companies.

The 91st place ranking for Solidatus is up 120 places on 2023, putting the organization 14th amongst the fastest growing UK-founded companies on the list. See the full list here.

Making this year’s list, which is ranked in order of revenue growth, is the latest in a succession of accolades for Solidatus over recent months.

In December, the company was recognised at the Banking Tech Awards for our work with HSBC, where we won the prestigious ‘Best Use of Tech in Business Lending’ prize. And just weeks before that, we were announced as winners of the ‘Best Data Governance Solution’ at the A-Team Data Management Insight Awards USA. No surprise, then, that our CEO, Philip Dutton, was recognized as an influential data leader on the DataIQ 100 USA list last year.

But none of the recognition and the awards would be possible without the hard work, dedication and effort of Team Solidatus – and the enduring relationships with our wonderful customers, as we strive daily to deliver innovation and value through our unique approach to data management.

Read more about the all-new Solidatus interface

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Data distress: 71% of senior data leaders in financial services polled on brink of quitting jobs

  • 74% of data leaders who experience workplace stress surveyed have had to take sick days as a result of stress
  • 61% endure 2 – 6 nights of disrupted sleep per week
  • 33% cite ‘too many disparate and siloed data sources’ as the cause of data distress
  • Data distress could be costing the global banking system hundreds of billions of dollars in lost productivity and missed opportunities,” says data management software CEO

27 July 2023, London and Houston: An alarming 71%[1] of senior global data leaders within financial services firms surveyed who experience stress in the workplace are ready to quit their job due to high levels of work-related stress with 87%[2] saying it affects their mental health and well-being, according to new research by data management firm Solidatus.

With 64%[3] experiencing high levels of stress in the workplace, which causes more than two-thirds (61%) to suffer from between two and six nights of disrupted sleep per week, it appears that senior data leaders are in an intense state of anxiety and potentially heading for burnout.

Solidatus’ research, conducted in collaboration with market-research firm Censuswide, surveyed 300 senior data leaders across the UK and the US in the financial services sector.

Respondents cite the top three causes of data distress as:

  • too many disparate and siloed sources of data (33%);
  • having to establish the appropriate sources of data for a task in hand (31%); and
  • the risk of fines relating to data governance and regulatory compliance (31%).

Philip Dutton, CEO and Founder of Solidatus, warned that each of these factors compound the others and result in a fundamental breakdown in trust, which drives even higher levels of stress.

He said: “Data has become the lifeblood of organizations, driving innovation and decision-making. However, the exponential growth of data, the atomization of data supply chains, the tsunami of regulation and the ever-increasing rate of change of business processes and systems has created almost unmanageable complexity. The resultant demands and pressures faced by data leaders have given rise to a mounting crisis: data distress. This is particularly acute in financial services, where our research found elevated levels of workplace data stress, which is having a significant impact on mental health. Left unchecked, this could have serious consequences across the organizations that rely on the expertise and leadership of these individuals.”

Impact on job satisfaction and performance

Data distress is taking its toll on the job satisfaction and performance of today’s financial services data leaders  80%[4] said the high level of stress at work impacts their ability to do their job properly, rising to 86%[5] among 25- to 34-year-olds.

79% of respondents who have been at their company for 1-4 years agree[6] that this level of stress makes them want to leave their job, compared to 62% of those who have been in their job for 5+ years. This indicates that the less time you are in a job, the more stress you experience and the greater the urge you have to quit your job.

Tough regulatory requirements contributing to data distress

But despite 83%[7] feeling confident about their company’s ability to collate and report the right data for regulatory requirements, it still takes too much time. Almost a third (32%) of respondents say their team spends four to five hours per week managing data for financial regulations. Nearly three-quarters (73%) believe that up to half their time in this pursuit is wasted through inefficiencies, such as poor systems and data.

As a result, just under half (47%) say ‘lack of data management tools’ is one reason why managing data for financial regulation takes as long as it does and is so stressful. Over a third (34%) state that it’s because ‘our data sets are all in siloed systems’ and 32% believe ‘we don’t have a good view of our full data estate’.

Dutton added: “Lack of data trust, decreasing efficiencies, increases risk and ultimately creates data distress. With such a seismic shift in organizations’ data, and regulatory and change environments, a totally new operating model needs to be deployed, supported by modern data management tools designed to cope with infinitely connected and complex environments within financial organizations. Urgent action is needed to deal with data distress and protect the mental health of the custodians of organizations’ most valuable asset  their data.

“Organizations’ data management foundations and supporting structures need to be replaced to enable simplicity, transparency, and understanding to promote implicit data trust. Only then will data leaders operate in a sustainable environment free from data distress.

“What’s more, if the pressure to go faster continues to induce data distress, with tactical firefighting and fine avoidance being the default, productivity and opportunity discovery will be stifled. With global banking estimated to be worth around $20 trillion per year[8], even as little as a 5% drop in strategic activity due to data distress represents a $1 trillion reduction in value.”

Dannielle Haig is an independent Business Psychologist who coaches senior business leaders.

She said: “In today’s data-driven world, the abundance and chaos of information are having a severe impact on data leaders. The sheer volume, velocity, and variety of datasets available are overwhelming and taking a toll on their mental health and well-being.

“To navigate this data deluge, it is crucial for data leaders to prioritize self-care. By fostering a healthy work-life balance and seeking support with the right tools and techniques – which can increase their capacity to make better decisions that they’re more confident in and to de-risk – they can maintain their mental stability, manage their spiralling datasets and lead with optimism, clarity and resilience.”

-ENDS-

Notes to Editor

To find out more about the Solidatus ‘Data Distress’ report, please download it here: https://www.solidatus.com/resources/whitepapers/data-distress-is-the-data-office-on-the-brink-of-breakdown/

The research was conducted by Censuswide from 19.05.2023 – 26.05.2023. An online survey reached 308 Senior Data Leaders (CDOs etc.) in the financial services sector, aged 18+, across the UK and USA. Censuswide abides by and employs members of the Market Research Society which is based on the ESOMAR principles.

About Solidatus

Solidatus is an innovative data management solution that empowers organizations to connect and visualize their data relationships, simplifying how they identify, access, and understand them. With a sustainable data foundation in place, data-rich enterprises can meet regulatory requirements, drive digital transformation, capture business insights, and make better, less risky and more informed data-driven decisions. We provide solutions to several key areas of endeavor, including governance and regulatory compliance; data risk and controls; business integration; environment, social, governance (ESG); and data sharing. Our clients and investors include top-tier global financial services brands such as Citi and HSBC, healthcare, and retail organizations as well as government institutions.

www.solidatus.com

Media Contact:
E-mail: solidatus@babelpr.com
Telephone: +44 (0) 20 7434 5550

[1] 71% combines “Strongly agree” and “Somewhat agree”

[2] 87% combines “Significantly impacts” and “Somewhat impacts”

[3] 64% combines “Always high” and “Sometimes high”

[4] 80% combines “Significantly impacts” and “Somewhat impacts”

[5] 86% combines “Significantly impacts” and “Somewhat impacts”

[6] Agree combines “Strongly agree” and “Somewhat agree”

[7] 83% combines “Very confident” and “Somewhat confident”

[8] In September 2021, Investopedia said that “Market estimates project that by the end of 2021, the financial services market is likely to reach $22.5 trillion,” in an article entitled Financial Services: Sizing the Sector in the Global Economy. See also McKinsey’s Global Banking Annual Review, published December 2022.

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By Philip Dutton, CEO & Founder

I’m delighted that Solidatus – the UK’s leading data management software company – has made it to position 212 in the FT 1000: Europe’s Fastest Growing Companies 2023 list, as announced by the Financial Times in the UK yesterday.

Delighted, as I say, but not surprised; the three years to the end of 2021, the period for which the FT reviewed companies’ financials, saw intense and focused activity from what was a very small team for much of that time. There were just 21 of us in 2018, but we grew in staff numbers and revenue despite Covid and the tough conditions of the market in which we operate in Europe and beyond.

But what does this mean? Like Solidatus itself, it’s all about context.

Growing is easy when you’re small. But sustaining growth when you’ve hit the €100,000 mark – the first item on the FT’s list of qualification criteria – is the hurdle that, sadly, flaws most start-ups.

But it doesn’t stop there. To earn our place, we also had to generate revenue of at least €1.5 million in 2021 (a figure we exceeded by more than €3 million), and demonstrate that our revenue growth between 2018 and 2021 was primarily organic, which it was.

But here’s some more context, and it’s the stat of which I’m most proud: we were among only 223 companies that also enjoyed a compound annual growth rate of more than 100% during this period. This is a testament to my colleagues’ hard work and the faith our growing body of customers has shown in Solidatus, and it puts us on a pedestal alongside the likes of Kahoot!, PensionBee and many other enterprises that could soon be household names.

Of course, we can’t double every year indefinitely. Grains of rice on chess boards illustrate this point better than I ever could. But I feel confident that we’ll continue on an upward trajectory, and look forward to celebrating this with those of you who join us on this journey.

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By Philip Dutton, CEO & Founder

This was first published as a LinkedIn Pulse piece entitled:

I'm a Global Citizen but London will always be my home away from home

During one of my regular trips to London last month, ITV asked me to speak to them about the role London and the UK has played in the success of my technology company, Solidatus. You can see me at the start of this News at 10 clip.

I was naturally excited to share why London was so important to me and Solidatus, a software company I co-founded and I am now the CEO of. London was my home for over 20 years and with that it has given me opportunities that I would have never otherwise had.

Around this time last year, I moved with my family to Houston, Texas to support the global growth of the business. So being asked to comment on London’s desire to be the next Silicon Valley led me to think about this personal tale of two cities, each crucial to Solidatus in their own way.

My move coincided with the opening of our North American headquarters; I knew that on-the-ground presence and commitment were key to further expand this critical market. Why Texas? Not just for the BBQ, but for many of the same reasons London has been so pivotal in our success; both are:

  • Connected cities: growing tech ecosystems, access to the most complex data organizations, business-friendly time zones and direct flights to global business centres.
  • Talented cities: global melting pots of cultures and diversity, and highly educated, driven, innovative and experienced workforces.
  • Friendly cities: ecosystems that support and encourage those who call them home, in environments that enable truly world-class experiences.

Our incubation within the London tech ecosystem – which still thrives today and will continue for many years to come – enabled us to bring a world-class product to market and have it immediately resonate with the audience it was designed for: we deliver a data management solution that enables organizations to discover, connect and visualize their data relationships to improve data governance practices. This not only ensures compliance but enables businesses to make trusted data-driven decisions. Solidatus is increasingly in high demand because complex and data-rich organizations want to find a better way to manage their data and deliver value to the business. Just like exponential data growth, there is exponential growth of businesses looking for the data edge.

The banking and financial services sectors have been quick and early adopters of our software, with some of the largest banks becoming enterprise customers and strategic investors. The US and UK lead the way when it comes to financial services, so starting the company in the UK was by far one of our best decisions.

We have been able to leverage the diverse and very skilful developer community, while attracting experienced talent from some of the largest organizations. We then further leveraged London when we went to raise our Series A funding in 2020/21, having a smorgasbord selection of firms at our fingertips.

So, when ITV News came knocking at our door seeking comment from a tech leader on Jeremy Hunt’s announcement that day, I was quick share my experience and views. The UK Chancellor announced that he wants to grow the nation’s economy on four pillars – Enterprise, Education, Employment and Everywhere. This plan aims to make the UK the next Silicon Valley and turn it into a hub for technology innovation. To me, this wasn’t new news; it’s a cause that I will continually back based on the roots we have built in London and the support it has given us to grow Solidatus.

As a ‘Global Citizen’, I was fortunate enough to be born and raised till the age of 12 in Papua New Guinea. This allowed me to run free and explore till the end of days all the magic it had to offer. Daily, I learned from my entrepreneurial parents who worked together to support our family and an underserved community. Brisbane in Australia was my next home, where I was able to develop my studies and learn the importance of dedication, leadership and teamwork through playing elite-level rugby. To this day, I have forged some of the best friendships and leading examples of camaraderie. After completing my undergraduate and postgraduate degrees in information technology, I quickly developed the travel bug, and the UK was target number one.

I spent the next 20 years in London, immersing myself in everything it had to offer and capitalizing on the ability to enrich myself in business and travel opportunities. Working and living in such a fast-paced and highly competitive environment was challenging yet rewarding. It was the birthplace of Solidatus, and I was also fortunate enough to meet my wife and start a family there. The US is now my fourth home, and it would not have been possible without the strong foundation Solidatus has built in the UK. We are now a truly global organization and will leverage the success and support to continually deliver value and ensure we have a truly global impact.

Here’s the news clip. If you stick with it to the end, you’ll also see how a CEO can win not just in business but at table football.

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  • Session to address rapid growth in data industry and role of Solidatus in BNY Mellon transformation
  • ‘How data blueprints deliver sustainable business value – with Solidatus & BNY Mellon’ is scheduled for August 22nd in Orlando, Florida, at 6:15 pm EDT
  • News follows recent appointment of Philip Dutton as Solidatus’ CEO and establishment of North American HQ to satisfy 2x sales growth in the past 12 month

London, UK and Houston, TX 18 August 2022: Solidatus, a leading data management technology firm, announced that CEO and Co-Founder Philip Dutton will be co-presenting a session with Eric Hirschhorn, Chief Data Officer at Bank of New York Mellon, at Gartner Data and Analytics Summit in Orlando, Florida. The presentation will highlight how the Solidatus solution is transforming data management at the world’s largest custodian bank, which manages $43 trillion of client assets.

“We think this conference is a great opportunity to expand on what is meant by ‘data blueprints’. It’s an important concept that underpins what Solidatus brings to its users,” said Dutton. “I’m delighted to be joined by a visionary from a globally significant bank who’ll be able to show how our theory has become his reality. I’ll discuss the conceptual ‘what you can do’; Eric will be showing ‘what we – or they – are doing’.”

“Data is key to everything we do at BNY Mellon. Ensuring we have proper data governance is essential to how we operate. Solidatus is helping us extend and integrate the metadata repositories we use to maintain our market leading data complex. I am looking forward to discussing the challenges in our industry around this space and how Solidatus is helping BNY Mellon drive better data outcomes,” said Hirschhorn.

Solidatus’ growing global footprint led to opening the company’s new US headquarters in Houston, Texas, to expedite Solidatus’ ambitious expansion plans in North America. Launched in London in 2017, the firm’s initial focus was on helping make data easier to work with for businesses in the UK/EMEA. Since then, the company has become entrenched in four of the top 10 Global Systemically Important Banks (G-SIBs). Dutton was appointed CEO earlier this month, having been Co-CEO since Solidatus’ inception.

Dutton and Hirschhorn are scheduled to speak at Gartner Data and Analytics Summit on August 22nd at 6:15 pm EDT during ‘How data blueprints deliver sustainable business value – with Solidatus & BNY Mellon’. For further information, those in attendance at the summit can visit Solidatus at booth 217, where Dutton and his team can field your questions.

– Ends – 

For more information please contact:

Solidatus press office
press@solidatus.com

Website
www.solidatus.com

About the Gartner Data & Analytics Summit
The Gartner Data & Analytics Summit provides insights for data and analytics leaders to enable a data-and-analytics-centric culture within their organizations by tying strategy to business outcomes and promoting the adoption of technologies, such as artificial intelligence (AI), while creating a resilient culture that accelerates change and where data literacy, digital trust, governance and data-driven critical thinking are pervasive.

GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved.

About Solidatus
Solidatus is an innovative data management solution that empowers organizations to connect and visualize their data relationships, simplifying how they identify, access and understand them. With a sustainable data foundation in place, data-rich enterprises can meet regulatory requirements, drive digital transformation, capture business insights and make better, less risky and more informed data-driven decisions. Solidatus’ powerful metadata management technology is seen as a critical development in data management software – one that matches the complex needs of modern business. 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.

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Appointments: CEO and Global Head of Sales
Establishes North American HQ to satisfy 2x sales growth in past 12 months
London, UK and Houston, TX, 10 August 2022: Solidatus, a leading data management technology firm, has appointed Co-Founder Philip Dutton as CEO. The move positions the firm to better meet the escalating demand from major global businesses for smarter, more innovative ways to unlock the full potential of their enterprise data. As part of a broad-based re-organization, Solidatus has established its US headquarters in Houston, Texas, where Dutton is now based. They are pleased to have hired Sheldon Feinland to run global sales out of New York. Fellow Co-Founder Philip Miller is in a new role, that of Chief Innovation Officer.

Launched in London in 2017, the firm’s initial focus was on helping make data easier to work with for businesses in the UK/EMEA, where they became entrenched in four of the top 10 Global Systemically Important Banks (G-SIBs). Solidatus’ growing global footprint, spearheaded by significant demand from US-headquartered enterprises, drove the need to establish a stronger North American presence. Headquartered in Texas with leadership in New York and North Carolina, Solidatus is well positioned to continue expanding its service and on-the-ground support to mid-to-large data-rich and highly regulated businesses. Now employing more than 110 people and growing, Solidatus expects to triple its US presence in the next year.

“It is an honor to have been appointed to lead Solidatus at this exciting time. Solidatus serves visionary organizations that desire streamlined access and clarity of their data to build smarter and more profitable businesses. That’s everyone from Fortune 500 companies that have an unmanageably complex data landscape to start-ups and scale-ups that want to optimize their data practices from the get-go. There is no greater concentration of these organizations than in the US,” said Dutton.

“With hard work, we see 300% year-on-year growth in North America to be well within our grasp,” said Sheldon Feinland, Vice President, Global Sales. “We’re focused on creating unique solutions that untangle the messy world of data. This way data becomes easier to work with and we can maximize the potential of the organizations that house it.”

With an eye to the future, and staying ahead of the curve, Philip Miller will be focused on enhancing the Solidatus offering to make clients’ data even easier to understand and more valuable. “I look forward to rapidly innovating the product roadmap and helping to advance the ingenuity that has always been the power plant behind Solidatus’ growth. We are at a point in the company’s progress and diversification across industries when new ideas are at an all-time premium. Now is absolutely the best time to take on this important new role,” said Miller.

In 2021, the company raised $19.2m in a Series A funding round led by Albion VC with participation from strategic investors Citi and HSBC. The funds are helping to fast-track the firm’s global expansion in the US as well as continuing to deliver best-in-class data management capabilities to more industry verticals. With the successful launch of the US HQ and addition of new customers in financial services, healthcare, insurance, retail, manufacturing and government, the company is on target to enjoy another record-breaking year. It has also won six industry awards this year, including “Best Sell-Side Data Management Solution” from Waters Technology.

– Ends –

For more information please contact:
Tom Murphy
Tom@paragonpr.com
+1 973 647 9421

Website
www.solidatus.com

About Solidatus
Solidatus is an innovative data management solution that empowers organizations to connect and visualize their data relationships, simplifying how they identify, access and understand them. With a sustainable data foundation in place, data-rich enterprises can meet regulatory requirements, drive digital transformation, capture business insights and make better, less risky and more informed data-driven decisions. Solidatus’ powerful metadata management technology is seen as a critical development in data management software – one that matches the complex needs of modern business.

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.

Cyclic voting, based on who gave whom the top score of douze points, is an interesting one to explore, as illustrated by the transition lines here for the years 2013, 2014 and 2015:

Rapid growth darkened

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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“We have all now seen the impact technology has on the way lawyers work, and the vital role its use will play in the future of law firms. Technology is no longer a fringe consideration for lawyers.” - Shruti Ajitsaria, Head of Fuse at Allen & Overy. 

Fuse – global law firm Allen & Overy’s collaborative tech innovation hub – was launched in 2017. It was designed to support collaboration between its lawyers, clients and tech companies as an opportunity to work together in developing and implementing change across the digital landscape of law. Since its launch, it has hosted 26 Cohort members and seen over 10,000 external and 10,000 internal visitors. 

Fuse Cohort 5 follows on from last year’s which saw the debut of FinTech companies into the stream. Solidatus is delighted to announce its inclusion this year joining an incredible Cohort of unique organisations that will be developing and piloting their products. 

Solidatus and other members of the Cohort “will have unrivalled access to the expertise of A&O lawyers, technologists and our global client base as they together deliver practical solutions to the challenges faced by companies, financial institutions and law firms today”,  says Head of Fuse, Shruti Ajitsaria.

Solidatus Co-CEO and Co-Founder Philip Dutton comments, “Fuse, Allen & Overy’s collaborative tech innovation hub, is a programme we have watched with keen interest in recent years. After being nominated by our shared client, Citi, for this year’s cohort, we are delighted to have been chosen as a FinTech Resident. Data is growing and evolving exponentially, and we are thrilled by the opportunity to demonstrate the power of Solidatus against the backdrop of the challenging and complex data environment that professional services firms present. No modern organisation should be built or changed without a guiding data blueprint, Solidatus demystifies organisations data interactions and intersections, providing rapid actionable insights.”

Solidatus was nominated to the Cohort by Citi, one of its Global Tier One investment bank clients, which has successfully implemented our solution for several use cases across their enterprise. Our client’s confidence and belief in us and our product is something that is the very life-blood of our business, and we are extremely proud to have such an influential organisation vouch for us.

To find out more about Fuse , visit Allen & Overy’s website:

Allen & Overy’s Fuse Announces the Launch of it’s Fifth Cohort

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“I am really excited to take on the CDO role at Solidatus. I will be able to use my knowledge and experience, and work with the team to engage with the community, understand its problems and help develop the company’s roadmap and product.”

Lorraine Waters, Solidatus’ newly appointed Chief Data Officer, caught up with our friends over at A-Team Insight to discuss what made her leave early retirement and re-join the world of data management.

At Solidatus, Lorraine will be championing the platform and engaging with Solidatus’ community of key stakeholders including current and future clients, regulators and strategic partners. As we continue to expand globally, Lorraine will bring with her vital experience and contacts to underpin our plans, supporting our push into new regions and industry verticals.

Former HSBC Global CDO Lorraine Waters Joins Solidatus as the Company’s First CDO