About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Ataccama Plans Product Innovation and Accelerated Growth Post $150 Million Funding from Bain Capital Tech Opportunities

Subscribe to our newsletter

Ataccama, provider of a unified data management platform, is planning product innovation, accelerated global growth, and improved go-to-market services following $150 million in funding from Bain Capital Tech Opportunities – which takes a minority investment in the company. This is Ataccama’s first external investment round and will support its mission to democratise data in large organisations.

The company was founded in 2007 as a spin-off from data and systems integrator Adastra, serves the banking, financial services, insurance, life sciences, healthcare and retail sectors, turned a profit in 2011, and has built out a global location network from its Toronto, Canada headquarters covering the US, Europe and Australia.

Its platform, Ataccama ONE, unifies data governance, data catalog, data quality, and master data management functions in a single, AI-powered data fabric operating across hybrid and cloud environments, and enabling organisations to democratise their data while maintaining data accuracy, control and governance.

“Large organisations are struggling to scale, decentralise data initiatives and enable data democratisation, while at the same time keeping their data under control from a quality, governance, privacy and security perspective,” says Michal Klaus, CEO at Ataccama. “Ataccama ONE Gen2 provides both technical and less technical data people across the organisation to create high-quality, governed, safe and reusable data products. This has propelled Ataccama’s growth in annual recurring revenue and client retention.”  The company’s capital markets clients include Acadian Asset Management and Société Générale.

Dewey Awad, a managing director at Bain Capital Tech Opportunities, comments: “Demand for the Ataccama platform has driven an increase in the company’s average deal size, fueling incredible momentum. We see a significant runway for further growth.”

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: How to organise, integrate and structure data for successful AI

Artificial intelligence (AI) is increasingly being rolled out across financial institutions, being put to work in applications that are transforming everything from back-office data management to front-office trading platforms. The potential for AI to bring further cost-savings and operational gains are limited only by the imaginations of individual organisations. What they all require to achieve...

BLOG

Being Prepared for Tomorrow Requires an Advanced Data Architecture Today

By Don Huff, Global Head of Client Services and Operations, Bloomberg and Maureen Gallagher, Head of Enterprise Reference Data, Bloomberg. Data has quickly become the hottest commodity in the financial sector: trading and investment teams are laser-focused on accessing the best, newest data to get an edge on the competition. While this arms race for...

EVENT

RegTech Summit London

Now in its 9th year, the RegTech Summit in London will bring together the RegTech ecosystem to explore how the European capital markets financial industry can leverage technology to drive innovation, cut costs and support regulatory change.

GUIDE

Regulatory Data Handbook 2025 – Thirteenth Edition

Welcome to the thirteenth edition of A-Team Group’s Regulatory Data Handbook, a unique and practical guide to capital markets regulation, regulatory change, and the data and data management requirements of compliance across Europe, the UK, US and Asia-Pacific. This year’s edition lands at a moment of accelerating regulatory divergence and intensifying data focused supervision. Inside,...