Today, Fimatix, a leading provider of digital transformation solutions, announced the acquisition of Semantic Evolution, a specialist in the provision of AI and machine learning powered solutions to the Financial Services sector. The move, which sees Semantic Evolution joining the Fimatix Group while retaining their own name, solidifies Semantic Evolution’s expertise and experience in the financial services arena by extracting significant value from unstructured data through AI and machine learning.
At the helm is Gary Richardson; a highly respected and accomplished executive with a deep understanding of data engineering and artificial intelligence. Richardson was previously head of data engineering at KPMG and Capgemini and is driven to further the mainstream adoption of AI solutions.
In a statement, Tim Howarth, CEO of Fimatix said he is “thrilled” to welcome Semantic Evolution to the Fimatix Group. He believes the merger will enable Fimatix to broaden their capabilities with the addition of AI and machine learning services, giving their clients a cutting edge digital transformation solution.
Gary Richardson, CEO of Semantic Evolution, is equally excited at the merger; stating that their ability to leverage data will be a great benefit to the Fimatix Group and work towards delivering increased value to their customers.
Fimatix is an industry leader in providing digital products and services to a range of industries but most notably the Financial Services sector. With the expertise of Giles Richardson and the assistance of AI and machine learning services to further optimise their clients’ business processes, customer experience and reduce costs, Fimatix can now deliver even greater value to their clients.
For more than a decade, Semantic Evolution has built a strong reputation in the industry for extracting value from unstructured data sources. With the merging of the two companies, Fimatix can now extend their reach of digital transformation even further and reach new heights.
This announcement marks an important milestone for the Fimatix Group and solidifies their reputation as one of the premier providers of digital transformation solutions across the globe. There is no doubt that the exciting new partnership between Fimatix and Semantic Evolution will bring vast opportunities for innovation and growth to both companies.
