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Sunday Times Tech Track 100 Recognition For Datanomic

Datanomic : 21 September, 2010  (Company News)
Producer of dn:director takes 11th place in the technology company tracking table produced by the Sunday Times
Risk & Compliance Screening and Data Management specialist, Datanomic, has been named the eleventh fastest growing private technology company in the UK by the Sunday Times Microsoft Tech Track 100. The league table ranks privately-owned technology companies based on sales over the last three years.

Increasing regulation and the efficiencies gained from a single and holistic view of data have fuelled consistent record growth for Datanomic's dn:Director Enterprise Data Management and Risk & Compliance screening solutions. With a rapidly growing global presence and a prestigious customer base across all the major vertical markets, Datanomic recorded a compound annual growth rate of over 114% between 2006 and 2009.

Dr Jonathan Pell, CEO of Datanomic, commented, "This ranking recognises our phenomenal growth over the last three years. Customer demand for our award winning dn:Director software and solutions is spearheading our growth and geographic expansion, including our new operations in the North American and Asia Pacific markets, as well as our continued expansion throughout Europe. Remaining competitive in today's challenging global market and compliant with regulation means knowing commercial decisions are based on reliable, accurate data, and that you're not doing business with anyone you shouldn't. Our customers are de-risking their operations by improving the quality of the data that underpins their business-critical enterprise applications and ensuring protection against compliance failures with fourth-generation Risk & Compliance Screening technology. The ranking reflects the caliber of those solutions, which are becoming industry standard in many vertical markets."

Described by industry analysts as "arguably the most flexible data quality product,"
Datanomic's dn:Director provides a single, unified platform that enables both business and IT personnel, such as data stewards, business analysts and owners of data, to identify and automatically rectify anomalies within their enterprise data. The company's Risk & Compliance Screening solution is used by some of the world's largest banks, asset and wealth managers, insurers and other financial services institutions to reduce their global Compliance risk, a pattern which is spreading to other regulated industries.

Companies are ranked by their compound annual growth rate (CAGR) in sales over their latest three financial years between 2006 and 2009, or 2007 and 2010. Datanomic has gained significant industry recognition over the past twelve months, including Gartner naming Datanomic as a Visionary in its Magic Quadrant for Data Quality Solutions. The company has also won industry accolades, including Data Strategy Magazine's 2009 award for 'Best Use of Data in Technology, Communications and Web-Based Services' for Vodafone's global deployment of its dn:Director for Sanctions & PEP Screening solution.
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