Belfast, London, New York, Brussels, Milan, 29th May 2019
BELFAST BUSINESS RECEIVES BOARD OF TRADE AWARD FOR EXPORTING SUCCESS
- The BOFTAs celebrate businesses that are bringing innovation and prosperity to the UK and contributing to international trade
- In 2018, exports from Northern Ireland were worth £8.9 billion, up 1.9% from the previous year
Belfast data software company Datactics was presented with a Board of Trade Award (BOFTA) by International Trade Secretary Dr Liam Fox MP last Thursday (16 May 2019) in recognition of their exporting success.
Datactics provides regulatory technology solutions for the banking and financial services sector. These enable financial institutions to comply with regulatory requirements associated with managing and reporting of large quantities of data.
The company has ambitious growth plans for Europe and the USA and revenues forecast to grow by around 50% this year.
Secretary of State for International Trade and President of the Board of Trade, The Rt Hon Dr Liam Fox MP, said:
“I was delighted to present Datactics with a BOFTA last week. The company is contributing to a stronger economy not just for Belfast and Northern Ireland, but for the UK as a whole.
My international economic department is committed to supporting more businesses in Northern Ireland to expand and sell overseas. Last year alone we provided £33 million of UK Export Finance support to exporters from Northern Ireland, which has already resulted in more than £46 million worth of overseas sales.”
The BOFTAs celebrate businesses who are championing free trade through exporting, bringing investment into the UK or demonstrating an innovative approach to entering international markets. Datactics received a BOFTA as the Board of Trade visited Northern Ireland for the first time in its almost 400 year history.
Head of Marketing at Datactics, Matt Flenley, said:
“We are thrilled to receive this award as we grow our business internationally. In any given week we could have people working on client projects in Reykjavik, New York, Amsterdam or London, all linking in with our home in Belfast as we spread the word on the high quality of the Northern Irish tech scene.
That the Department for International Trade has seen fit to present us with this award is a genuine encouragement to us to continue our efforts in expanding our company, equipping business teams at banks and data firms with our precision data quality and matching tools.”
During the awards, Dr Fox also urged Northern Ireland businesses to become Export Advocates and to provide advice, encouragement and support to other companies looking to sell their products and services overseas.
The Export Advocate community is a network of UK companies acting as ambassadors for exporting, sharing their success stories, offering practical advice and leading by example. They can be contacted via great.gov.uk and on the Exporting is GREAT Facebook group. Businesses in Northern Ireland can sign up to become Export Advocates via great.gov.uk/community.
Manufacturing Northern Ireland CEO Stephen Kelly was also appointed to the Board of Trade last week to be the ‘eyes and ears’ of the modern business community, ensuring that the benefits of free trade are spread equally across the UK. He joins the existing 22 advisers, drawn from a cross-section of business, industry and nations of the UK.