IeDigital

ieDigital is a British software company, providing financial services technology from its headquarters in Kingston upon Thames, near London.

For Intelligent Environments Conference, see intelligent environment.

ieDigital
IndustryFinancial services, IT
Headquarters
Kingston upon Thames, London
,
England
Area served
Worldwide
Key people
Rami Cassis (Executive Chairman)
Jeremy Young (CEO)
ProductsInteract
ServicesIT, financial services, security
Websiteiedigital.com

The company's product is called "Interact",[1] a digital platform for banks and building societies.

Past clients include global banks Lloyds and HSBC[2] and UK-based Dudley Building Society[3] and Darlington Building Society.[4]

ieDigital is owned by Parabellum Investments, which was founded by Rami Cassis.[5]

History

ieDigital was founded as Intelligent Environments in 1985 providing software for the financial services sector.[6]

In 2010, through a reverse takeover with Documetric, IE PLC grew and was delisted from the Alternative Investment Market (AIM). This acquisition was spearheaded by Rami Cassis, who remains a key figure at ieDigital.[7]

It was rebranded as ieDigital in 2018.[7][8]

In January 2023, ieDigital acquired ABAKA, a UK-based AI fintech software provider.[9]

In October 2023, ieDigital acquired Connect FSS, a US-based digital banking technology provider, thus cementing its position as one of the largest global digital banking software providers.[10]

Notable achievements

In 2019, ieDigital was a finalist in the Technology awards for its work with Santander Bank.[11]

In 2021, ieDigital launched "Interact Switch", a digital platform to help mortgage companies retain customers,[12] and announced a partnership with outsystems to benefit its financial IT services.[13]

In 2023, ieDigital was selected by Suffolk Building Society as its official partner to develop a new eSavings platform.[14]

Notable people

Rami Cassis

Rami Cassis is an entrepreneur, investor and the founder and CEO of family office, Parabellum Investments, which owns ieDigital.[15] In 2010, as CEO of multi-channel service provider Parseq, Rami Cassis led the acquisition of ieDigital as part of a reverse takeover,[16] then became the executive chairman and largest shareholder.

Jerry Young

Jerry Young is the CEO of ieDigital. He has over 25 years of experience in financial services and software, and has previously worked for Fiserv as EMEA banking operations lead, Oracle Corporation where he was responsible for Banking and Insurance, and FICO as Managing Director.[17]

References
  1. "iedigital launches digital solution".
  2. "Intelligent Environments rebrand".
  3. "Company news".
  4. "Darlington building society continues overhaul with IeDigital".
  5. "Interview with Jerry Young".
  6. "Intelligent Environments to rebrand as IeDigital".
  7. "Intelligent rebrands".
  8. Intelligent Environments,"Intelligent Environments to rebrand as ieDigital", Intelligent Environments, 31 May 2018
  9. "IeDigital acquires AI fintech software house Abaka". Finextra Research. 25 January 2024. Retrieved 12 April 2024.
  10. FinTech, U. K. (17 October 2023). "ieDigital acquires Connect FSS to become one of the largest global digital banking software providers". UK FinTech. Retrieved 12 April 2024.
  11. "Technology awards 2019" (PDF).
  12. "ieDigital launches digital solution for lenders".
  13. "Outsystems partners with IeDigital".
  14. "Suffolk Building Society taps ieDigital for new eSavings platform". Finextra Research. 22 March 2023. Retrieved 12 April 2024.
  15. "ieDigital: Have UK Financial Institutions' Investments Into the Digital World Provided Returns?".
  16. "CB insights".
  17. "Have UK financial investments into the digital world provided returns".
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