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Building a Decision Maker Dataset for UK FinTech

A broad financial services database created too much noise. We identified the FinTech businesses that actually matched the market, researched the right senior contacts and delivered a focused dataset.

Delivered for CoreTek

At a glance

Industry
FinTech
Scope
5,500 qualified prospects
Turnaround
Around 2 working days

01The challenge

What the client was actually up against

The starting point

The client wanted to reach a defined group of FinTech businesses in the UK.

A broad financial services database created too much noise. It could contain traditional financial companies, banks, payment businesses, lending platforms, financial software providers and other organisations that operated very differently. The requirement was 5,500 qualified prospects that matched the actual FinTech market and contact criteria.

The problem therefore had two parts. First, determine which businesses genuinely belonged in the client’s target market. Second, find the senior people inside those companies whose responsibilities matched the reason for outreach.

02The approach

The sequence we actually worked through

Project focus

Account qualification and senior contact research

Scope of work

  • Market research
  • Account qualification
  • Business model review
  • Senior decision maker research
  • Contact enrichment
  • Verification
  • Segmentation

How we solved it

9 stages, in order

  1. 01

    We translated the targeting brief into clear company qualification criteria.

  2. 02

    Our research team reviewed potential FinTech accounts according to the required location, business model, market and other relevant attributes.

  3. 03

    Companies that did not fit were excluded and replaced.

  4. 04

    Only qualified accounts moved into contact research.

  5. 05

    We then identified the senior people whose current responsibilities matched the client’s objective.

  6. 06

    Available business contact information was enriched and verified.

  7. 07

    Duplicate records were removed.

  8. 08

    Company and contact fields were standardised.

  9. 09

    Catch all contacts went through the additional review workflow before any were retained.

03The result

What the client received

Scope delivered

5,500

qualified prospects

Turnaround

Around2

working days

Delivery quality

Under 1%

Less than 1 percent standard bounce rate on valid delivered emails under normal sending conditions

The dataset

The client received 5,500 qualified FinTech prospects.

  • The delivery included qualified UK FinTech companies, relevant senior decision makers, verified business contact information and structured segmentation fields.
  • Standard valid emails followed Prospectal’s less than 1 percent standard bounce rate under normal sending conditions.
  • Reviewed catch all contacts, when retained, were handled separately with an expected maximum bounce range of around 2 to 3 percent.
  • Not Found records were excluded from usable contact delivery.

What changed in the data

Before

  • Broad financial services data
  • Mixed account relevance
  • Industry labels without enough context
  • Senior contacts with unclear responsibility
  • Manual filtering still required

After

  • Qualified UK FinTech accounts
  • Relevant business models
  • Appropriate senior decision makers
  • Verified contact information
  • Structured prospect segments

04The impact

What it changed day to day

Result

The client received a prospecting dataset built around the FinTech market it actually wanted to reach.

Instead of buying or filtering a broad financial services list, the team started with qualified companies and relevant senior people that had already been researched against the brief.

The full 5,500 qualified prospect requirement was completed in around 2 working days through Prospectal’s team based research, verification and QA workflow.

In the client’s words

Broad financial services data was mostly noise for us, with banks, lenders and payment companies all mixed together. What we got back was genuinely relevant to FinTech, with the right senior contact at each company, not just someone whose title happened to look right.
Mirna S.CEO, CoreTek

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