D4T4 Solutions PLC New contract wins (1943H)

TIDMD4T4

RNS Number : 1943H

D4T4 Solutions PLC

02 December 2020

2 December 2020

D4t4 Solutions Plc

New Contract Wins

D4t4 Solutions Plc (AIM: D4t4, "the Group" or "D4t4"), the AIM-listed data solutions provider, announces two new significant contract upgrades in the financial services sector for the Group's Celebrus customer data platform (CDP). These contract upgrades will add a further c.GBP3.5 million to revenue in the current financial year and bring the total added to second half revenue from recent contract successes, as announced on 5 November 2020, to c.GBP9 million.

These developments further evidence the strength of the pipeline of business opportunities across both new and existing clients, as well as geographies, underpinning the Board's confidence in delivering a strong second half of the year.

The newly won contracts comprise of:

-- a significant expansion of a Celebrus CDP contract with a major US financial services organisation; and

   --       an extension of an existing Celebrus CDP contract with a major UK bank. 

Peter Kear, CEO of D4t4 Solutions, said:

"We are delighted with these contract successes. Financial services is a key market for us where we see increasing opportunities for growth. These contracts provide us with excellent references for our technology, including with a top three US financial services company who are expanding the use of our software to collect real-time digital data throughout their organisation.

"These contracts provide us with even greater clarity on our outlook for the year. As a result, we are confident in delivering a very strong finish to the year in line with Board expectations."

The information communicated in this announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014.

Enquiries

 
  D4t4 Solutions Plc                             [phone] 
   Peter Kear, Chief Executive Officer            [e-mail] 
   Charles Irvine, Chief Financial Officer 
  finnCap (Nominated Adviser & Joint Broker) 
   Julian Blunt / Emily Watts, Corporate 
   Finance 
   Alice Lane, ECM                               [phone] 
  Canaccord Genuity (Joint Broker) 
   Simon Bridges / Andrew Potts                  [phone] 
  Instinctif Partners                            [phone] 
   Adrian Duffield / Kay Larsen / Chantal         [e-mail] 
   Woolcock 
 

About D4t4 Solutions plc

D4t4 Solutions plc (www.d4t4solutions.com) provides data solutions through its Celebrus suite of products and services, which is comprised of two distinct complementary offerings - its proprietary Customer Data Platform (CDP) and Customer Data Management (CDM) solution. The Celebrus family of products offer data capture, data migration, data synchronization, data management and data monitoring.

Celebrus CDP is an enterprise software product which captures customer behaviour in real time across digital channels to enable a range of applications including customer analytics, personalised marketing, risk, fraud detection and compliance.

Celebrus CDM is an integrated platform that automates the ingestion, integration, transformation, and delivery of customer data from streaming, persisted or historical sources, whether as an appliance

on-premises or in the cloud, to deliver real-time, unified, and trusted multidimensional views of customer data for personalisation, risk, fraud, analytics, and recommendation applications.

The Group has offices in the UK, USA and India with employees across the UK, US, Europe and India. D4t4's blue chip global customers are largely within the financial services, retail and consumer sectors.

Celebrus is fully compliant with all major data privacy regulations and the Group is accredited to ISO27001: Information Security Management.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

CNTBIBDDCBGDGGB

(END) Dow Jones Newswires

December 02, 2020 02:00 ET (07:00 GMT)