Powering client growth
Optalitix supercharges underwriting and origination processes by creating better risk management systems. Our scalable no-code platform underwrites insurance and loans at scale, providing processes embedded with data-driven insight. Our healthcare solutions increase booking efficiency and profitability.
Who we are
We are a team of engineers, actuaries, analysts and data scientists that specialise in converting Excel spreadsheet models to code. We remove the complexity of recoding models by converting models to code automatically and connecting them to other Cloud systems.
Our platforms help clients improve business performance using insights.
This is reflected in our name, Optalitix, based on two words representing the core of what we do and the value we bring to our clients
- Optimisation – improving business performance to get the optimal result
- Analytics - analysing and understanding data.
Technology is at the heart of what we do at Optalitix, along with our passion for data. These are fundamential to achieving success for our clients and boosting their business performance.
We are an experienced team operating in regulated markets with a professional approach to develop and deliver products and services that add real value to our clients.
Company founded to boost performance for insurance and banking clients by harnessing the emerging computing power of the Cloud.
First SaaS product built
Original Optalitix Models product developed and deployed by Vitality, delivering a big uplift in their sales
First banking client and first industry award
First banking client (United Trust Bank) signed up for their new mortgage product. Won Insurance Post award for data services with Vitality.
Selected for Accenture Accelerator
Won entry to the Accenture Fintech Innovation Lab, our first accelerator and further validation of our product for the insurance market.
Investment from banking sector
Initial investment into Optalitix by United Trust Bank to grow.
Raised Series A Funds
Raised investment from Calculus Capital and 24Haymarket to enable growth spurt into the UK insurance market. Recognised as Finalist in Banking Tech Awards.
Senior Leadership Team
United Trust Bank (UTB) is a dynamic and thriving specialist bank that has been helping UK savers since 1955 with a range of rewarding fixed term and notice deposit accounts for individuals, educational institutions, businesses and charities. UTB also provides a wide range of regulated and unregulated secured funding facilities for individuals and businesses and is the lender of choice for commercial finance brokers, property developers, investors and individuals seeking a high quality, bespoke service and a reliable source of funding through the economic cycle.
Calculus created the first UK approved EIS fund in 1999. They have built a strong reputation as an investor in EIS and VCT Qualifying Companies through their multi-award-winning Calculus EIS Funds and the Calculus VCT. Their focus on capital appreciation, a diligent investment and monitoring process and their record of profitable exits distinguishes them from other EIS and VCT fund managers.
Distinguished by the calibre and engagement of the 24Haymarket Investor Network. They follow a strict investment thesis with a focus on verticals in the nascent stages of high growth where they can leverage proprietary insight from their Investor Network.
Partnerships and awards