<p><strong>Speaker 0</strong>: <span>so no day was formed in 2009 in Israel. About four or five years ago, we set up the UK operation similar time in the US, and since then we've grown to over 120 customers in 22 countries. I'm the managing director for the UK business responsible for AM And I was responsible for setting up that operation all those years ago</span></p> <p><strong>Speaker 0</strong>: <span>rather than being a broken or carrier platform system of record. The idea was always that insurance companies had huge amounts of data and didn't do anything with it or couldn't do anything with it. So it was. How do you create a platform that's cloud based? And this is back in 2009, which allows brokers and carriers Ms to have full access to their data reporting analytics all in real time.</span></p> <p><strong>Speaker 0</strong>: <span>So that was the initial objective, always with the visions of becoming a world leading company with operations in all major markets.</span></p> <p><strong>Speaker 0</strong>: <span>Yes, so, as I mentioned previously, we were formed in Israel, and since then, over the 14 years, we've grown to over 120 customers in 22 countries, so a huge client base mixture of brokers, carriers MS and a platform that can be implemented easily in any geography, meeting all the local regulatory requirements.</span></p> <p><strong>Speaker 0</strong>: <span>So the UK tends to be a global hub for people purchasing software for insurance around the world. In the UK. Specifically, we have customers like Ha and other Tier one brokers using our platform as well as carriers. And Ms the main use of the platform is the front, middle and back office</span></p> <p><strong>Speaker 0</strong>: <span>is taking disparate systems databases, a legacy back office platforms, the spreadsheets predominantly in email and putting it all into one platform end to end with front, middle and back office and then putting workflow and reporting across all of that. Ultimately, it allows better operation efficiencies and more time for brokers and carriers to spend with their customers providing value.</span></p> <p><strong>Speaker 0</strong>: <span>The biggest challenge for our customers currently is around data and access to data. They typically have their business data and lots of it, but it's siloed. It's stored in different places. It's not reportable. What no data allows you to do is to get all of the data in one place and provide analytics over it and then provide it to the point of need so that the</span></p> <p><strong>Speaker 0</strong>: <span>business members really get value from it. And the second thing is accessibility. It's not just about working from home or having to be at an office. You should be at a client's office at an airport anywhere in the world. You should be able to access all of the data in your business and conduct business not allows you to do that, whether it's on an iPad, your phone, a laptop anywhere where there's an Internet signal, you've got full access to your business.</span></p> <p><strong>Speaker 0</strong>: <span>Yes, we've recently had a customer in Asia where they had five or six different countries, all with slightly different regulatory needs, all reporting up into a central CEO and all on different legacy systems. And we're able to implement one platform, all securely segregated between the different countries, separate ledgers, all roles and permissions and securities put in place and data encryption.</span></p> <p><strong>Speaker 0</strong>: <span>And that allows them to run their entire business on one platform for the CEO and senior management to see the whole region's data and report on it. But, for instance, Singapore, Malaysia or Hong Kong, their managers can only see their business, and then we segregate it all the way down, so it's secure, compliant and it just gives them full visibility of their business and standardisation of process.</span></p> <p><strong>Speaker 0</strong>: <span>So we've recently had a running around close for $50 million. This is on top of the $30 million we raised last year, so toting $80 million which is fantastic considering the current climate and the availability of investment. It is testament to the large customers that keep joining us and the buzz around Noda, and that funding really is just to continue the accelerated growth of the business. We're wanting more and more customers to be joining us, and getting the value from</span></p> <p><strong>Speaker 0</strong>: <span>the next step for another day is just to continue our growth, continuing to provide excellent customer service, delivering projects on time and on budget, and just continuing the growth that we've had over the last 14 years continue to add more countries, expand and grow in those countries, and ultimately just provide more value to our customers and new to come on board</span></p>