Handshakes by DC Frontiers
Company Overview
Handshakes by DC Frontiers is a pioneering DataTech company, established in 2011, that specializes in delivering corporate intelligence solutions via its advanced data analytics platform. With a focus on enabling safer and informed business decisions, Handshakes provides crucial insights extracted from trustworthy data. Headquartered in Singapore, the company also operates in Kuala Lumpur, Penang, Hanoi, Taiwan, Australia, and Manila, and is actively expanding its global presence.
Leadership Team
- Daryl Neo: Co-Founder and CEO, with prior experience as a regulator at the Singapore Exchange (SGX), he is committed to using corporate data and cutting-edge technology to enhance transparency and mitigate risks in markets.
- Charles Poon: Co-Founder and Chief Products Officer, utilizes his significant expertise in organizational and technological matters to drive product innovation and development.
- Ng Hsin Min: Chief Operating Officer, with an academic background in economics and information studies, oversees operations and enhances operational efficiencies.
- Ivan Seah: Chief Commercial Officer, has over 13 years of experience in Asia-Pacific's financial data services sector.
- Al Mak: Chief Financial Officer, responsible for financial stewardship and strategic financial planning.
Financial Insights
In 2022, Handshakes' valuation reached US$63.0 million, bolstered by an investment led by S&P Global. Additional investments from Nikkei Inc and SPH Media Holdings Pte Ltd are allocated for the development of innovative product features, integrating global data, and expanding the workforce.
Products and Solutions
Handshakes provides a comprehensive array of products such as:
- DATAMART: A self-service data platform.
- Handshakes APP Platform: Renowned for its relationship analytics capabilities.
- API Solutions and XPERT Custom Reports offering bespoke data solutions.
- FUSE System Integration and SEER Custom NLP Technology for augmenting data strategies.
- ScoutAsia News Monitoring: Developed with Nikkei, it offers extensive news analytics.
These offerings address essential areas like conflict of interest resolution, due diligence enhancement, compliance, business intelligence, and regulatory technology, all contributing to improved corporate transparency and risk management.
Recent Achievements and Partnerships
Handshakes' notable accolades include:
- ISO 27001:2022 and CSA Cyber Trust Mark for excellence in information security.
- Featured as one of Singapore's fastest-growing companies in 2024 by The Straits Times and Statista.
- Strategic partnerships with industry leaders such as S&P Global and contributions to Nikkei's ScoutAsia platform fortify its market stature.
Client and Market Engagement
Handshakes' solutions are deployed by key regional regulators, public sector bodies, and financial institutions on a global scale. The company is committed to enhancing its market engagement and integration efforts across Asia-Pacific and beyond, particularly augmenting corporate data incorporation and due diligence processes for its clientele.
Competitors of Handshakes by DC Frontiers
Competitive Landscape Overview
Handshakes by DC Frontiers operates within a dynamic marketplace characterized by robust competitors specializing in data analytics and compliance solutions.
Primary Competitors
1. DiligenceVault
- Sector: Asset Management
- Core Offerings: An expansive digital diligence platform embraced by over 70,000 users worldwide, focusing on due diligence processes with support for ESG, DEI, and other compliance requirements. Credibility is underscored by backing from Goldman Sachs.
- Operations: New York, London, Singapore, and India.
- Noteworthy Feature: Incorporates generative AI for RFQ/DDQ facilitation.
2. Exiger
- Sector: Risk and Compliance
- Core Offerings: AI-driven solutions tailored for supply chain management, due diligence, and sanctions screening.
- Technology Highlight: Utilizes the DDIQ AI-powered research engine.
- Clients: Engaged with 150 Fortune 500 firms and 50 federal agencies.
3. Encompass
- Sector: KYC Solutions
- Core Offerings: Provides corporate digital identity solutions via the EC360 platform, offering real-time data integration.
- Market Standing: Recognized for improving regulatory compliance and client experiences.
4. FlowyTeam
- Sector: Team Performance Management
- Core Offerings: Excellence in team productivity through OKRs, KPIs, and performance management tools. Known for user-friendly software to digitize business processes.
5. Code Three Fourteen
- Sector: Agricultural Technology
- Core Offerings: AI-driven drone solutions for pollination and pest management in agriculture.
Additional Notable Players
- Blockchain and Decentralized Technologies: Companies such as Ethereum, Holochain, DFINITY, Origin Protocol, Blockstack Inc., and Polkadot provide data-centric and network-driven solutions parallel to the market Handshakes is part of.
Strategic Insights
Navigating the competitive arena necessitates a keen understanding of strategic positioning and penetration tactics. The high approval rating for Handshakes's CEO and the accolade-laden nature of its products highlight substantial strengths. Potential collaborations or technological integrations with companies focusing on AI and compliance, like DiligenceVault and Exiger, might provide avenues for extending Handshakes's market influence and enriching its product portfolio.
Additionally, the rising regulatory environments stress the importance of due diligence and compliance solutions. Tailoring offerings to compliance-heavy sectors like finance and asset management, alongside exploring blockchain-based opportunities, could further consolidate Handshakes's competitive advantages.
