Prestigious awards rank 50 fastest-growing UK technology companies
Featurespace’s machine learning ARIC platform uses anomaly detection to analyse complex data streams in real time, for fraud and risk management.
David Cobb, lead partner for the Deloitte Fast 50 programme, said: “Making the Deloitte UK Technology Fast 50 is a testament to a company’s commitment to technology.
“With its 389% growth rate over four years, Featurespace has proven that its leadership has the vision and determination to grow in competitive conditions.”
Martina King, Featurespace CEO, commented: “Our technology is delivering world-leading machine learning fraud protection to our clients, by outsmarting risk.
“I am confident we will see continued levels of strong growth, particularly given our expansion to deliver our systems to customers in North America and Europe.”
The ARIC platform understands individual behaviour in real time, identifying new fraud attacks as they happen to reduce the costs associated with managing fraud. Simultaneously, ARIC reduces the number of genuine transactions incorrectly declined, enabling businesses to accept more revenue.
The ARIC platform is deployed live for customers in financial services, gaming and insurance, including Betfair, Callcredit, William Hill, and TSYS, the US’ largest payments processor.
The Deloitte Technology Fast 50 is one of the UK's foremost technology award programmes, celebrating innovation and entrepreneurship. Now in its 19th year, it is a ranking of the country's 50 fastest growing technology companies, driven by leading intellectual property and based on percentage revenue growth over the last four years.
The full list of this year’s winners and winner breakdown by region and sector is available at www.fast50.co.uk
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