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
Jon’s fusion of entrepreneurial finesse and software engineering expertise are key components of what Optalitix share with all our clients. His deep IT experience and his passion for AI and data driven solutions ensure that every Optalitix client is able to extract the maximum value from their business.
Dani’s actuarial experience and passion are key. He is a strong advocate of innovation, optimism and communication, both within the team and for the clients. Dani’s ability and experience with data ensure that we always maximise value and efficiency for every project, enabling us to unlock hidden value for the clients business.
Alistair joined Optalitix over 8 years ago, he is an actuary and data scientist and has 18 years of experience in the insurance and banking industry. As an analytics and data driven Chief Operating Officer (COO), he strives for operational excellence, fostering growth, and maximizing organisational efficiency both for Optalitix and its clients. With a proven track record of successful leadership, he possesses a unique blend of strategic vision, strong business acumen, and a passion for delivering exceptional results.
Ashter joined Optalitix in 2019 and is the Chief Product & Technology Officer. He is a visionary leader in the tech industry, renowned for driving innovation and bridging the gap between product development and technology strategy. With a proven track record in senior leadership roles, he spearheads Optalitix's strategic vision and digital transformation. His holistic approach, coupled with a passion for cutting-edge solutions, continues to reshape businesses and empower teams to excel.
Alexander is Co-Head of Calculus Capital's Investment Team. He joined Calculus in 2015 and has 30 years’ corporate finance and investment experience, including senior roles in JP Morgan and Evercore Partners in London, New York and Johannesburg. He has an MA in Mathematics from Cambridge University and qualified as a Chartered Accountant with KPMG. Alexander advises a number of Calculus technology and life sciences portfolio companies at board level, including Wazoku, Blu Wireless, Rotageek, Axol Biotherapeutics, Arctic Shores and Optalitix.
Paul is an experienced CFO, chairman, non-executive director and audit committee chair who operates in a number of different sectors. Paul’s past non-executive director roles include chairing the audit committees of Tokio Marine, Kiln, NEST Corporation, Tesco Bank, Collins Stewart Hawkpoint, Charles Taylor Plc and GMT Global Aviation. He began his executive career in finance, culminating in becoming Deputy Group Chief Executive and CFO of the Co-operative Group between 2003 and 2007. As well as Optalitix, Paul currently serves on the board of the Ombudsman Services, Dr Doctor and Vanquis Banking Group.
Graham was CEO of United Trust Bank Limited from 2004 to 2020. He began his career at Arthur Andersen and was previously Chief Financial Officer and Head of Corporate Finance of Investec Bank and a main board director of Investec for 16 years. He was a founding partner of the Insinger de Beaufort Group and a director of its listed parent and its Dutch bank. He is the Senior Independent NED of The Foschini Group, a listed multi-brand international retailing group and Chairman of Optalitix, an Insurtech SaaS provider.
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