Celebrus CDP and FDP Contract Wins

RNS Number : 0011I
D4T4 Solutions PLC
30 November 2022
 

30 November 2022 

 

D4t4 Solutions Plc

 

Celebrus CDP and FDP Contract wins

 

D4t4 Solutions Plc (AIM: D4t4, "the Group", "D4t4"), the AIM-listed data solutions provider, is delighted to announce new contracts with a Top 10 global bank, demonstrating the deeper relationships the Group is building with existing customers.

The bank has subsidiaries and divisions in fifteen different countries which currently utilise Celebrus CDP. The first contract, a new three-year Enterprise License Agreement, converts many of the subsidiaries and divisions from perpetual licenses to term licenses and allows the bank to expand the platform to new markets easily, thereby increasing the ARR of D4t4. The bank will be upgrading all subsidiaries and divisions to the latest version of Celebrus CDP in order to benefit from the numerous new product features that will add considerable value to their data strategy.

The second contract is the upsell of a production license for Celebrus FDP to a different division within the bank for one of their brands. The bank will leverage this license for the brand on a pilot basis prior to an expected expansion of usage globally to relevant markets.

The two contracts have a combined total contract value of USD 6.0 million and incremental Annual Recurring Revenue of USD 0.6 million per annum.

 

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

"Our strategy continues to focus on expanding our existing customer relationships while ensuring we are building a solid pipeline of new business both directly and indirectly. We are thrilled and grateful for the relationship with this customer and are excited about the prospects of getting them up and running on Celebrus FDP as well."

 

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

 

+44 (0) 1932 893333

investors@d4t4solutions.com

 

 

finnCap (Nominated Adviser & Joint Broker)

Julian Blunt / E dward Whiley, Corporate Finance

Alice Lane, ECM

 

+44 (0) 20 7220 0500

Canaccord Genuity (Joint Broker)

Simon Bridges / Andrew Potts

 

+44 (0) 20 7523 8000



 

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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