ANZ Banking Group acquires New Zealand data firm

The acquisition will help support ANZ Group’s provision of data insights to its customers, and the company plans to boost growth and development at Dot Loves Data as a result.

The deal will see ANZ New Zealand, which is the country’s largest bank, work closely with the team at Dot Loves Data to develop further its suite of tools.

Dot Loves Data offers a range of analytics tools that provide real-time strategic insights and works with customers including large corporations and local government.

Astrud Burgess, general manager of data and marketing at ANZ New Zealand, said: “We see a huge opportunity to use data to make a positive difference. That’s the direction ANZ has been heading in recent years with the establishment of a 300-strong data team.

“Dot Loves Data has created tools and dashboards that are smart, simple and beautiful. The team have an impressive track record of taking complex data sets, creating practical and actionable insights, and supporting companies to become truly customer and data led.”

Jason Wells, chief executive and founder at Dot Loves Data, said: “ANZ Group’s support will certainly help Dot Loves Data grow, but it also means we can work together to develop new and bespoke data tools, and that’s an exciting prospect.

“At the right time and with the right analysis, data can be extremely useful for businesses. It can help them understand their customers, the market and any opportunities that arise.”