Financial research and analytics firm Decimal Point Analytics raises $4.7 million

Mumbai, India, June 22, 2022 /PRNewswire/ — Decimal Point Analytics (DPA), a leading financial research and analysis company, has secured an investment of $4.7 million of a global insurance company in the GCC region. This is in line with DPA’s growth strategy and expansion of geographic presence around the world.

The capital raised will strengthen DPA’s delivery capability, strengthen the team and create a next-generation technology platform to facilitate operations for their customers. DPA rapidly increased the number of employees in response to strong demand for its services. It recently opened its third operating center at GIFT City near Gandhinagar/Ahmedabad; the company expects the next phase of growth to be facilitated from this center.

The objective is threefold, the first is to continue to add new layers of solutions for their clients, such as CRM and ESG analysis. The next step is to build the DPA technology platform that will act as the RPA for data ingestion and analysis. Finally, consider strategic acquisitions of business operations that naturally align with the company’s long-term goals.

Shailesh DhouriCEO of Decimal Point Analytics, says, “Over the past few years, Decimal Point Analytics’ ability to integrate AI and ML into financial research has been a major contributor to the transition to the new paradigm and continued momentum growth in ESG and related fields. investments, we are looking to expand our services in risk management, catastrophe modeling, actuarial services, etc. Using the latest and most innovative technologies will enable our customers to achieve significant improvements through quality, speed and efficiency.

Decimal Point Analytics was established in 2003 by experienced Indian capital markets professionals and is a global provider of data research and analytics products and services, including machine learning and artificial intelligence based solutions. . Major customer categories include data providers, asset management companies, private equity firms, hedge funds, banks, insurance companies and brokerage houses. DPA’s experience and understanding of financial research and its strengths in technology give it an edge in understanding and effectively solving client issues.

For more information, visit https://www.decimalpointanalytics.com/

Media Contact:

Last name: Prashant Mishra
Title: Manager, Marketing Support
Company: Decimal Point Analytics
Such. : +91 9650110674
E-mail: [email protected]

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SOURCE Decimal Point Analysis (DPA)

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