Financial Research & Analytics platform Decimal Point Analytics secures $4.7 million in funds
- ByStartupStory | June 23, 2022
International insurance business in the GCC area invested $ 4.7 million in Decimal Point Analytics (DPA), a renowned financial research and analytics company. This is consistent with the growth goal and the global expansion of DPA’s geographic footprint.
The funds received will grow the team, increase DPA’s delivery capabilities, and develop a cutting-edge technological platform to simplify client operations. Due to the high demand for its services, DPA has been quickly expanding its staff. The firm just launched its third operating centre in GIFT City, close to Gandhinagar and Ahmedabad, and anticipates that this facility will support the next phase of expansion.
The primary goal is to keep providing their clients with new layers of products, such as CRM and ESG analytics. Building the technical infrastructure for DPA, which will function as RPA for data input and data analytics, is the next step. Finally, take into account strategic acquisitions of business activities that logically fit with the long-term goals of the corporation.
Shailesh Dhuri, CEO of Decimal Point Analytics stated, “Over the last years, Decimal Point Analytics’ capacity to apply AI and ML to financial research has helped widely adapt to the new paradigm, and we continue to watch the increasing momentum in ESG and related sector. With the investments, we hope to increase the range of services we offer, including actuarial, catastrophe modelling, and risk management. Our clients will see a considerable improvement in terms of quality, punctuality, and efficiency by utilising cutting-edge technologies.”
Decimal Point Analytics is a global supplier of Research and Data Analytics products and services, including Machine Learning and Artificial Intelligence-based solutions. It was founded in 2003 by top experts from the Indian Capital Markets.
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