Contract Wins

RNS Number : 5177Q

D4T4 Solutions PLC

29 June 2022

 

29 June 2022 

D4t4 Solutions Plc

Contract wins demonstrate the versatility and breadth of the Group's Celebrus CDP and FDP products.

D4t4 Solutions Plc (AIM: D4t4, "the Group", "D4t4"), the AIM-listed data solutions provider, is delighted to announce two new contracts, demonstrating the versatility and breadth of the Group's Celebrus CDP and FDP products.

The first contract is the sale of Celebrus CDP to a US-based health and financial services group. This sale has been made direct to a new customer for D4T4, though the process has been in close cooperation with a key partner. The contract is for a three-year term with optional renewals at annual intervals. The customer has struggled to obtain real-time data across its digital presence and Celebrus CDP will enable it to activate an improved end-customer experience and promote revenue opportunities. A key element to this win was Celebrus CDP's ability to operate within the demanding compliance requirements of HIPAA¹, demonstrating a core feature of the Celebrus CDP proposition. The install location will be within the Celebrus Cloud, a single-tenant private cloud environment hosted by D4t4.

The second contract is the upsell of Celebrus FDP biometrics functionality to an existing Celebrus CDP customer which is a UK-based online retailer with 2.2 million daily website visits. This upsell demonstrates the cross-over for web-based businesses in not only improving the customer experience and generating more revenues by using Celebrus CDP, but also the need to protect their business and their customers from potential fraud, using Celebrus FDP. This install location will also be in the Celebrus Cloud environment.  This contract is an upsell of an existing multi-year deal.

The two contracts have a combined total contract value of just over £1 million and Annual Recurring Revenue of just over £0.3 million per annum.

¹ HIPAA refers to the Health Insurance Portability and Accountability Act, a United States Federal statute that sets standards for the lawful use and disclosure of protected health information in the United States.

Commenting on the contract wins, Bill Bruno, CEO of D4t4 Solutions, said:

"We work closely with customers and prospects to ensure that we can meet their needs, so making our products complementary and adaptable across multiple verticals is critical.  These two contract wins clearly demonstrate the success of that approach and highlight the differentiators we have in the market today.

Celebrus CDP's ability to operate within the highly regulated US healthcare market was a key client requirement; in a world of increasing regulatory complexity we see this as key differentiator for us.  The upsell of Celebrus FDP to an existing client demonstrates the ever-growing need to protect customers from fraud across all digital devices as well as the cross-selling potential within the Group as we look to drive our key ARR metric."

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  

 

END

 

 

CNTUWASRUOUNUAR