Idiom provides software and data management solutions. Its main services include the development and deployment of automated decision-making systems, data migration, system remediation, and decision modeling. The company primarily caters to sectors such as health, government, finance, insurance services, and software development. It was founded in 2001 and is based in Auckland, New Zealand. In October 2023, Idiom was acquired by Heywood Pension Technologies. The terms of the transaction were not disclosed.
Latest Idiom News
Oct 17, 2023
4 minutes read Manchester, 2nd October 2023: Heywood Pension Technologies , a leading provider of pension management solutions, is excited to announce the successful completion of its acquisition of Idiom Limited, a renowned software company specialising in market leading business rules software and data management software solutions. This strategic move marks the first step in Heywood Pension Technologies’ growth plans and opens doors to new markets and opportunities. The acquisition of New Zealand based Idiom Limited equips Heywood Pension Technologies with enhanced capabilities, including expediting the programming of benefit calculations, surpassing the speed offered by any other administration platforms. This transformative advantage will empower Heywood Pension Technologies to deliver exceptional customer outcomes, in critical areas such as buy-ins or buy-outs, GMP rectification projects, and data and benefit audits. Commenting on the acquisition, Sian Jones, Interim CEO of Heywood Pension Technologies, expressed great enthusiasm about this significant milestone in the company’s growth strategy. She stated, “The acquisition of Idiom is a fantastic step forward for Heywood Pension Technologies. It allows us to broaden our horizons and venture more deeply into the buy-in buy-out market, where we feel we will be able to address our customers’ needs with unmatched efficiency. We are committed to leveraging this acquisition to solidify our position as a trusted leader in the pension industry.” Mark Norton, CEO and Founder, Idiom Limited said, “Idiom are pleased to announce our partnership with Heywood Pension Technologies. Heywood’s platform is a perfect complement to our unique business rules and data management solutions. Our collaboration with Heywood further demonstrates our ability to develop and use business rules to drive business agility, something that we pride ourselves on delivering for all our customers.” Heywood Pension Technologies is renowned for its commitment to innovation, client-centricity, and delivering award winning, cutting-edge solutions that empower pension schemes. The acquisition of Idiom Software aligns perfectly with these core values, further strengthening Heywood Pension Technologies’ ability to meet the evolving demands of the industry and exceed customer expectations. About Heywood Pension Technologies
Idiom Frequently Asked Questions (FAQ)
When was Idiom founded?
Idiom was founded in 2001.
Where is Idiom's headquarters?
Idiom's headquarters is located at 93 Dominion Road, Mt Eden, Auckland.
What is Idiom's latest funding round?
Idiom's latest funding round is Acquired.
Who are the investors of Idiom?
Investors of Idiom include Heywood Pension Technologies.