Contract Wins

RNS Number : 3854W

D4T4 Solutions PLC

22 December 2021

 

22 December 2021

D4t4 Solutions Plc

Contract wins for Celebrus Fraud Data Platform and Customer Data Platform

D4t4 Solutions Plc (AIM: D4t4, "the Group", "D4t4"), the AIM-listed data solutions provider, announces multi-year contract wins which will contribute significant revenue to current year results and increase Annual Recurring Revenue (ARR), a key metric for the Group.

The contract wins include a multi-year contract extension and upsell to a US-based global top ten financial services company, which is an existing Celebrus Customer Data Management (CDM) customer. It involves the new sale of both the Celebrus Customer Data Platform (CDP) and Celebrus Fraud Data Platform (FDP) products to the customer, representing the first sale of the Group's FDP product. The commitment deepens the relationship significantly with this key financial sector customer.

Additionally, a Europe-based global top ten banking sector customer for Celebrus CDP has renewed its license and converted to a multi-year ARR model. This decision was driven by the exciting new features available in recent releases of the CDP product around Identity and Data Activation.

These multi-year contract wins add over £3 million per annum to the Group's ARR as well as over £9 million to the current year's revenues. Along with existing contracted H2 ARR and continued good visibility of the pipeline for the remainder of this financial year, the new wins underpin the Group's confidence in achieving board expectations for the full year.

As mentioned in the Half Year Results on 1 December 2021, customer and new partner response to the June launch of the Group's Celebrus FDP has been very positive and a number of current customers and new prospects are continuing their assessment and testing.  

Commenting on these developments, Bill Bruno, CEO of D4t4 Solutions, said:

"These customer successes support our confidence that we will meet board expectations for the current year, and that we will also show a healthy uplift in ARR for the year. I'm proud of our team for securing the first sale of the Celebrus FDP that launched in June this year along with a significant new Celebrus CDP license. This is a key first milestone and we continue to see the pipeline for and interest in our fraud capabilities grow in a space that is becoming increasingly important to our customers ."

The information communicated in this announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014, as retained and applicable in the UK pursuant to S3 of the European Union (Withdrawal) Act 2018 ("MAR").

Enquiries

D4t4 Solutions Plc Bill Bruno, Chief Executive Officer Ash Mehta, Chief Financial Officer	[phone] [e-mail]
finnCap (Nominated Adviser & Joint Broker) Julian Blunt / E dward Whiley, Corporate Finance Alice Lane, ECM	[phone]
Canaccord Genuity (Joint Broker) Simon Bridges / Andrew Potts	[phone]
Instinctif Partners Rozi Morris / Joe Quinlan	[phone] [e-mail]

About D4t4 Solutions plc

D4t4 Solutions plc (AIM: D4t4) was founded around a passion for helping global enterprises derive value from their data assets.

Supporting customers in financial services, retail, travel, healthcare, and telecommunications across 27 countries, D4t4 enables businesses to make smarter, informed decisions via Celebrus, the Group's flagship first party data product suite. Celebrus CDP automatically captures, contextualises, and activates user-based behavioural data in real-time across all digital channels. Through behavioural biometrics and analytics, Celebrus FDP helps companies prevent fraud before it happens. Celebrus CDM provides an enterprise platform that automates the integration and transformation of customer data from all relevant data sources, whether on-premises or cloud, to deliver customer and regulatory analytics.

The Group has offices in the UK, USA, India, and Australia with key talent in all markets to drive the growth of the business. Celebrus is fully compliant with all major data privacy regulations and the Group is accredited to ISO27001: Information Security Management.

For more information, please see www.d4t4solutions.com    

 

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