Dye & Durham Corporation - Company Research Report
Company Overview
Name:
Dye & Durham Corporation
Mission of the Company:
Dye & Durham's mission is to help law firms do more with less effort, get paid faster, and make better decisions with confidence.
Founded:
No information available on when the company was founded.
Founders:
No information available on the founders of the company.
Key People:
Huss Hirji, Vice President, Investor Relations
Headquarters:
1100-25 York Street, Toronto, Canada
Number of Employees:
1,400+ employees across their global locations.
Revenue:
- Q4 FY2024: $120 million
- FY2024: $452 million
What is the Company Known For:
Dye & Durham is one of the world’s largest legal software providers, known for providing premier practice management solutions, vital data insights, and essential payments infrastructure.
Products
Legal Solutions:
Legal Software:
Dye & Durham offers comprehensive legal software to aid law firms in efficiently managing their practice, improving client engagement, and ensuring compliance.
Key Features:
- Streamlines client intake and onboarding
- Automated record and filing processes
- Dynamic workflows tailored to firm's needs
Legal AI:
Cutting-edge generative AI solutions designed specifically for legal professionals.
Product: DeeDee® - Legal AI Assistant
- Research, drafts, and answers complex legal questions
- Built on Microsoft Azure and powered by OpenAI
- Integrated into the Unity® Global Platform and available for free
Payments & Banking Infrastructure:
Critical software and services to enable transactions that support the economy, including bill and tax payment processing, core banking needs, and property settlements.
Key Features:
- Trusted partner to over 100 financial institutions
- Provides property settlement and loan origination data
- Robust security measures against digital challenges
Recent Developments
Recent Developments:
- Dye & Durham has been actively involved in several legal matters including litigation with OneMove.
- The company has reported strong fiscal performance and early debt repayments.
New Products Launched:
- DeeDee®, the legal information AI assistant, was launched to aid legal professionals with complex inquiries.
- Introduction of National Bank mortgage discharge service in Canada, pushing towards a nationwide settlement offering.
New Features Added to Existing Products:
No specific information available on new features added to existing products.
New Partnerships:
- Continued to strengthen partnerships with over 100 financial institutions.
- Solidified position as a trusted service provider to the Big 4 Australian Banks.
Financial Information
- Ticker Symbol: DND
- Stock Exchange: Toronto Stock Exchange (TSX)
- Market Cap: $1.07 billion (as of September 25, 2024)
- Dividend Yield: 0.471%
- Beta: 2.06967
- Total Shares: 66.90 million
Contact Information
Global Headquarters:
1100-25 York Street,
Toronto, Canada
Email: info@dyedurham.com
Global Offices:
- Canada: 1100-25 York Street, Toronto, Canada
- Australia: Level 4, 24 – 28 Campbell Street, Haymarket, NSW 2000
- United Kingdom: 37 North Wharf Rd., 9th floor, London W2 1AF, UK
- Republic of Ireland: First Floor, Ormond Building, 31-36 Ormond Quay Upper, Dublin 7, DX 203 001 Dublin
© Copyright 2024 Dye & Durham Corporation
