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Wednesday, 24.04.2024, 06:11
Latvian IT company Knowledgeprice.com provides cloud storage services to British bank
The British financial supervisors only recently gave the green light to storing financial services systems and personal data in clouds. OakNorth Bank, a new UK challenger bank targeting small- and medium-sized businesses, was among the first to want to try this new opportunity.
Using Athena platform, developed by Knowledgeprice.com, the bank's systems were integrated with external storage systems containing information on credit ratings, bank accounts, addresses and other data.
Knowledgeprice.com, established in 2008, focuses its operations primarily on services exports.
The company belongs in equal parts to Armands Brants, Rihards Freimanis, Gatis Kaleinis, Davis Kulis and Lithuanian citizen Tomas Sinickis.
In 2015, Knowledgeprice.com turned over EUR 3.632 million and earned EUR 771,394 in profit.