Business

Data Intellect: Belfast analytics firm rebrands as it looks to double in size

Data Intellect chief executive, Steve Turner.
Data Intellect chief executive, Steve Turner.

THE Belfast data specialist formerly known as AquaQ Analytics has invested in new offices and a rebrand as it sets sights on doubling in size over the next three years.

Set up in 2011, the company now known as Data Intellect, advises, designs and delivers data solutions for global financial institutions.

The Queen Street-based firm now employs 250 people, with a team of 150 in Belfast.

Three years ago, the business announced an £8.3 million Invest NI-backed expansion plan to create 123 jobs.

Data Intellect has added 90 roles since then, with offices in London, Singapore, New York, Hong Kong, Glasgow, Tokyo and Canada.

Its clients include some of the world’s most prominent global financial institutions, from market-leading investment banks to hedge funds.

Last year it was named among the 50 fastest growing tech firms on the island of Ireland by Deloitte.

The company said its ultimate goal is to become a world leader in tackling complex data problems by providing global solutions to the financial services market.

“Data Intellect has been doing big things in the global financial services market for 12 years but it has remained relatively modest in its achievements,” said chief executive Steve Turner.

“Today we are changing that with this new rebranding exercise, a significant investment in our Queen Street offices, and ambitious growth plans.

“What we are saying is, we are a local player, operating on a global scale, working with some of the world’s leading financial services organisations.

“We are accelerating at pace in a data-driven market where problem solving is key and we want the world to know.”

The company boss, who joined the Belfast business just six months ago, added: “Our decision to rebrand to Data Intellect will see the continuation of double-digit growth over the next three years, turning over more than £20m but with a commitment to Belfast where we have access to internationally competitive resources and from which we serve a lot of global clients."