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www.validis.com

Summary Description

  • Intelligent software accumulating core SME ledger data to create cash flow/P&L and balance sheet charter of accounts in a standardised format
  • Effectively “OEM” supplier to accountants, banks and other financial service intermediaries to enable them to
    • reinforce their customer relationships
    • make credit underwriting decisions easier and faster
  • UK based, but with revenue from clients in Canada, Ireland and prospectively US and Continental Europe

Opportunity/Investment Thesis

  • Financial services providers (accountants, banks, etc.) increasingly need to trade off desire to serve SMEs with the actual and opportunity cost
  • Provision of appropriately constructed data in standard form helps provide cost effective service to intermediaries (e.g. credit underwriting; audit services; etc.) while providing SMEs with automated tools enabling them to control amount of data release and scope (‘walled garden’ for designated providers)
  • Increasing recognition that intelligent software can substantially reduce the cost of intermediation

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22 Adam & Eve Mews
London
W8 6UJ
+44 20 7937 6690
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