Leeds software firm grows global footprint with first US partnership

A business intelligence specialist in Leeds is set for further international expansion with its first transatlantic partnership.

Leeds-based software developer Panintelligence has announced a partnership with Boston fintech firm Hound Software.

The new partnership marks the first US-originated deal for the Yorkshire-headquartered company, which specialises in real-time data analytics for businesses using its Pi technology, since it opened its Boston office last year.

Panintelligence was co-founded by CEO Zandra Moore and CTO Ken Miller in 2014, with the firm announcing expansion to the US last summer and securing £5m backing from YFM Equity Partners and Comhar Capital in a Series A fundraising in November.

Panintelligence CEO Zandra Moore said: “We saw significant synergies between Hound Software and ourselves, and we are excited to be bringing our AI decisioning capability to combine with Hound’s superb innovative workflow processing engine.

“Since opening our Boston office last summer we’ve been in conversation with a number of potential partners and we’re excited to launch this first partnership out of our Boston office with the Hound team.”

She added: “The Pi software was originally developed to enable the secure processing of high volumes of transactional data from UK credit providers.

“It has evolved into a suite of solutions that can be used across diverse business sectors, with the integrity and security qualities of the credit sector retained. In this partnership it is our newly launched machine learning element that will bring intelligent decisioning to their robotic process automation capability.”

Hound Software co-founder, Manrique Feoli, added: “The Panintelligence Pi technology gives uniquely ergonomic insights into data and can be used to analyse almost endless permutations of data trends and anomalies live and automatically to automate our workflow solutions intelligently.

“Simply put, that means that mixing the power of Hound with Pi creates a fantastic ultra-powerful mix of capabilities that will provide something hardly anyone is doing.”