Featurespace Named Fastest Growing Tech Company in Cambridgeshire and East Region in 2020 Deloitte Technology Fast 50
LONDON, 19 November 2020 - Featurespace™, the leading provider of Enterprise Financial Crime prevention software, has been recognized as the fastest growing technology company in the Cambridgeshire and East Region in the 2020 Deloitte Technology Fast 50.
The award marks the fourth time Featurespace has been represented in Deloitte's Technology Fast 50. The annual rankings are based on percentage revenue growth over a four-year period.
Featurespace helps some of the world’s largest financial institutions identify and prevent fraud and financial crime. This year, the company's highlights have included: The release by TSYS of a case study reporting on the adaptive and high performance of our models during lock down; completion of a £30m investment round to help support ongoing global expansion; winning the Global Fast Track Programme at Hong Kong FinTech Week; being selected by Australian-based fintech Hay and Turkey-based Akbank; and partnering with Fiserv on the development and launch of a series of new solutions.
“The Featurespace team has been working tirelessly to protect our customers during these challenging times” said Martina King, CEO of Featurespace. “We're honored to be recognized by Deloitte for the fourth year and this year as the fastest-growing technology company in Cambridgeshire and the East.”
“Being one of the fastest growing technology companies in the UK is an impressive accomplishment. We commend Featurespace for making a phenomenal 624% growth rate over four years,” said Adam Norman, Technology Partner for the Cambridgeshire and East region.
Discover the ARIC™ Risk Hub
The ARIC platform combines adaptive behavioural analytics and anomaly detection to automatically identify risk and catch new attacks as they happen.
About Featurespace – www.featurespace.com
Featurespace™ is the world leader in enterprise financial crime prevention for fraud and Anti-Money Laundering. Featurespace invented Adaptive Behavioral Analytics and created the ARIC™ platform, a real-time machine learning software platform that risk scores events in more than 180 countries to prevent fraud and financial crime.
ARIC™ Risk Hub uses advanced, explainable anomaly detection to enable financial institutions to automatically identify risk, catch new fraud attacks and identify suspicious activity in real-time. More than 30 major global financial institutions are using ARIC to protect their business and their customers. Publicly announced customers include HSBC, TSYS, Worldpay, NatWest Group, Contis, Danske Bank, ClearBank and Permanent TSB.
About the Deloitte UK Technology Fast 50
The Deloitte UK Technology Fast 50 is one of the UK’s foremost technology award programmes. Now in its 23rd 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. The UK Technology Fast 50 is part of an international programme run by Deloitte and qualifying entrants of the UK Fast 50 will be put forward to the Deloitte Technology Fast 500 EMEA (Europe, Middle East and Africa) programme. 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 internet specialists to biotech, digital media technology to life sciences, computers to semiconductors and software to telecommunications.
For more information visit www.fast50.co.uk
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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.
Michael Touchton, Featurespace
PR and Communications Manager
+1 (423) 364-5491