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Artesian Options Continues Development Trajectory and Momentum in 2021

thirtieth April 2021: Artesian Options, the main supplier of consumer intelligence and danger options for frontline groups, right now introduced report progress for the monetary 12 months 2020/2021. Artesian outperformed its preliminary fiscal aim by 135%. The monetary providers sector accounted for 91% of recent income throughout the interval, with Artesian including 70 new clients and delivering bigger offers with longer contract phrases. The influence of COVID-19 additionally meant Artesian’s service – permitting its customers to successfully observe their clients – additionally resulted in very sturdy buyer retention charges attaining a web retention variety of better than 110%. Artesian additionally proudly maintained EBITDA profitability returning a real-terms cash-conversion ratio better than 100%.

Artesian Options emblem

The corporate additionally strengthened its crew with the addition of a number of new members of employees throughout gross sales, advertising and buyer success; together with the current appointment of Lucy Huntley, a former HSBC Space Director, to offer specialist help into the rising FSI buyer base.

Expertise Innovation
In January 2021 Artesian introduced the launch of Artesian Join™, a brand new platform which mixes the newest advances in data-science with the world’s greatest enterprise info to resolve complicated, high-value frontline execution challenges corresponding to consumer pre-screening for dangers and alternatives, triage and credit score scoring, underwriting dangers, accelerated consumer on-boarding, screening and remediation of back-book, monitoring for early warning indicators / enhanced lead indicators.

Artesian additionally introduced new strategic knowledge partnerships with Experian, D&B, Refinitiv, LexisNexis, Graydons and plenty of others making it straightforward for purchasers to make use of their most popular knowledge suppliers as a part of the Artesian Join™ framework.

Buyer Wins
Artesian purchasers embody main banking, monetary service and insurance coverage suppliers throughout all vertical sectors. Throughout 2020/2021, Artesian elevated new enterprise bookings by 22%, attaining a sequence of notable buyer wins, together with Join™ Platform offers with Lombard, QBE Insurance coverage, Triodos Financial institution, Premium Credit score and Metro Financial institution amongst others.

“It’s been a pivotal and transformational 12 months for Artesian”, mentioned CEO Andrew Yates. “We’ve set new benchmarks by way of progress and profitability by addressing head-on the disruption brought on by COVID-19, being in a powerful place to assist our clients assist theirs, and by harnessing the world’s largest supply of intelligence together with the newest advances in knowledge science to assist our clients clear up their most complicated challenges and realise their highest worth alternatives. As we transfer by means of 2021 and past, we’ll proceed to assist our clients create extra time to spend with their purchasers by higher anticipating wants and navigating the street forward.”

–Ends–

NOTES TO EDITORS

For extra info please contact:
Kelly Prior, PR Guide
Tel: 07730 572878
Electronic mail: [email protected]

About Artesian
Artesian is a number one supplier of consumer relationship intelligence and danger options geared toward serving to you discover your subsequent buyer, determine dangers, interact successfully and clear up complicated, excessive worth challenges in B2B frontline groups.

Artesian combines revolutionary data-science with the world’s greatest premium enterprise info, a strong Perception Engine and bespoke processing guidelines, connectors and APIs, to ship a uniquely configurable platform.

Utilized by the main banks, monetary providers corporations, insurers, tech and telco enterprises, Artesian solves quite a few challenges from enterprise improvement, gross sales engagement and buyer administration, to extra specialist duties like consumer danger pre-screening, buyer onboarding and industrial underwriting automation.

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