Rosslyn Deploy Data Store for Octopus Investments

RNS Number : 7300Z

Rosslyn Data Technologies PLC

22 September 2015

 

22 September 2015

Rosslyn Data Technologies plc

("Rosslyn", the "Company" or the "Group")

Rosslyn Deploys Self-Service Data Store for Octopus Investments

Rosslyn Data Technologies (AIM:RDT), the provider of a leading cloud-based enterprise data analytics platform,  announces that it has successfully deployed a self-service data store for Octopus Investments, a fast growing investment management company currently with £5 billion of assets under management. Rosslyn's technology has enabled the client to improve time efficiency by 25 per cent, as it provides the client's sales and marketing teams with reports-delivered-as-a-service from a single cloud analytics platform.

Commenting on the deployment, Charles Clarke, CEO of Rosslyn, said:

"We are pleased with the deployment and our relationship with a sterling organisation like Octopus Investments. The project further demonstrates the breadth and depth our products can offer to many industries, helping our clients become more efficient in the utilisation of their data.

"The start of our new financial year has seen continued momentum in our direct sales activities and this deployment is a further testament that our strategy is delivering results. With the ongoing training and development of our sales team, this upward trajectory is set to continue."

Commenting on the deployment, Hugh Cox, Chief Data Officer of Rosslyn, said:

"It has been a pleasure working with Tim and his team at Octopus Investments.  They have a clear vision that I believe makes them stand out in the industry as one of the most progressive organisations, because they understand the value of implementing innovative technologies that make consuming data for employees as easy as using an iPad."

Commenting on the deployment, Tim Valmas, IT Director at Octopus Investments said:

"The best performing organisations are those that are able to exploit the value of data, enabling them to better service customer requirements.

"Rosslyn Analytics has given us a powerful analytics platform that provides a single point-of-service to support the entire business, from centralising and improving data quality in real-time to quickly developing and testing new analytical apps for the business.

"Rosslyn Analytics' RAPid platform has accelerated my team's ability to support the business because we no longer have to manage tactical tasks such as running databases as it's all delivered as a service in the platform. This has saved our Business Analytics team a great deal of time, allowing them to focus on more strategic value-added projects aligned to customer satisfaction,"

Rapid Deployment

Rosslyn Analytics worked closely with Octopus Investments implementing the data store using information from three sources.  To date, more than 100 business users from the client's sales, marketing, operations and finance teams log in to the RAPid platform for on-demand access to self-service dashboards and reports they use with clients in the office or on the road.

Adaptable and flexible IT

The Directors believe that RAPid is the only data analytics platform that brings together (in a single web environment) easy-to-use, self-service tools that allow users to integrate, cleanse, enrich, analyse and visualise data.   Users are able to add more data to the platform simply and without requiring time intensive and costly system integration.

RAPid is designed to empower business users to create dashboards and reports, view data linkages and improve data quality on the spot while technical employees are able to use the latest technologies including Hadoop, MongoDB, Neo4J, Elasticsearch, and data discovery tools to develop and test big data analytical apps before deploying across an organisation on the same analytics platform.   

The Directors also believe that Octopus Investments selected Rosslyn Analytics because its secure big data cloud analytics platform, RAPid, is designed to get the right data to the right people at the right time.  Unlike traditional reporting systems that create data silos in organisations, RAPid delivers a unified experience, bringing together business and IT teams so there is only one source of centralised enterprise-wide information.

Enquiries:

Rosslyn Data Technologies plc	Charles Clark, Chief Executive Officer Roger Bullen, Chief Financial Officer Lance Mercereau, Chief Marketing Officer	[phone]
Blytheweigh - Financial PR	Tim Blythe	[phone] [phone]
	Wendy Haowei	[phone] [phone]
Cenkos Securities - Nominated Advisor, Broker	Stephen Keys Mark Connelly	[phone]

Notes to Editors

About Rosslyn Data Technologies

Rosslyn Data Technologies plc, (AIM: RDT), a leading provider of a Cloud-based enterprise data analytics platform, was founded in 2005 by Charles Clark and Hugh Cox. Business Intelligence was ranked first in the top ten technology priorities for Chief Information Officers in 2012 by Gartner. The Company provides analytical services by combining four key technologies: data extraction; cleansing; enrichment; and visualisation, through a single cloud platform enabling users with detailed data to make more informed decisions. Rosslyn's RAPid platform is the Group's primary product available to its multinational customers, including Aberdeen Asset Management plc, Babcock Corporate Services plc, Xerox Business Services and Coca-Cola Enterprises, Inc. Rosslyn Data Technologies plc is the ultimate holding company of the Group and owns 100 per cent. of Rosslyn Analytics Limited.

Further information can also be found on the Company's website at:  www.rosslynanalytics.com

About Octopus Investments

Octopus Investments is a fast-growing UK fund management business with leading positions in several specialist sectors including healthcare, energy and smaller company investing. Founded in 2000, Octopus manages more than £5 billion of funds on behalf of 50,000 investors.

Working closely with financial advisers, we create investment solutions that combine our expertise in smaller company investing with government approved tax reliefs.  Our core product range currently includes Venture Capital Trusts, Enterprise Investment Schemes and Inheritance Tax Services offering award-winning solutions for investors looking for capital growth, income generation or capital preservation.

As an entrepreneurial company, we understand what it takes to build a business. We work hand-in-hand with some of the most successful entrepreneurs and management teams in the country to help finance companies capable of creating, transforming or dominating their industry. We invest in both private companies and those listed on the Alternative Investment Market.

Exceptional customer service and a straight talking approach to investing are integral to the way we do business at Octopus. We have twice been voted one of the best 100 smaller companies to work for.

For further information, visit www.octopusinvestments.com.

 

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