Omnisient, the privacy-preserving data collaboration platform company protecting the privacy of over 150 million consumers, joined Experian, NatWest, the Data for Children Collaborative, and Oxylabs as finalists for the “Data for Society” category at the 11th Annual DataIQ awards ceremony held in London.
2023 was the biggest year to date for the DataIQ Awards with 424 entries.
The DataIQ Awards spotlighted pioneering initiatives with the esteemed “Data for Society” award presented to Trilateral Research for their CESIUM platform. CESIUM helps with the prevention of child exploitation by providing near real-time access to crucial multi-agency data and decision support tools.
Omnisient was selected as a finalist by a panel of data leaders from internationally recognised brands who have all have been recognised for their own outstanding achievements in the DataIQ 100 or DataIQ Awards.
The case study submitted by Omnisient for the judges’ consideration this year demonstrated how the Omnisient platform was used by a large grocery retailer partnering with leading banks to calculate credit scores using shopping behavior to predict loan repayment. This enabled the banks to calculate credit scores for 8 million individuals lacking credit history and to identify 3.2 million among them who now qualify for affordable, life-changing credit who would have previously been denied.
It’s such an honor to be recognised by a prestigious panel of data leaders for the impact our platform is having on society. The caliber of judges and of companies selected as finalists further affirms that our technology is addressing global needs at a global standard.
Omnisient has recently received international recognition as a result of their breakthrough use of consumer data to solve societal problems, being invited to join the World Economic Forum in June 2023 as a Tech Pioneer to contribute to the Forum’s work in growing financial inclusion and selected by leading US tech publication TechCrunch as one of the 200 startups worldwide having the biggest impact on society today.
The 11th Annual DataIQ awards was held on 27th September in London, UK. Click here for a full list of winners in their categories.