What Naqoda does

Naqoda Systems is a privately held UK-based software and IT services firm headquartered at 272 Bath Street, Glasgow. The company provides a software platform supporting digital disruption navigation across multiple industries, with its primary stated heritage in IT consulting and software development for the financial services sector. Its offering bundles software delivery with end-to-end professional services — requirements identification, installation, configuration, integration, testing, training, and on-site go-live and post-implementation support — delivered directly by an in-house team.

The company markets to a horizontal set of verticals that includes financial services, healthcare, government, and sports, and lists enterprise and public-sector logos including Garanti Bank, Raisin, Oxbury, NHS, and UK NEQAS. Pricing, contract structures, and revenue metrics are not publicly disclosed, and the company provides no published product tiers, distinct sub-product modules, or technical architecture documentation in the source material.

Business model signals indicate a direct enterprise services-plus-software motion (on-site implementation, professional training at customer premises or Naqoda offices), with no observed channel partners, no disclosed funding rounds, no PE/VC backing, and an employee base in the 1-10 range. The firm's owner is listed as founder Erik Bogaerts. Given the limited public footprint, dated policy documents (last updated 2017), and absence of any recent strategic announcements, the company's commercial scale and current operating intensity are not ascertainable from the available data.

Name

Naqoda

Legal name

Naqoda Systems

Website

https://naqoda.systems

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

1–10 employees

Short description

Naqoda Systems is a privately held UK-based software and IT services firm that delivers a software platform with implementation, integration, testing, and training services, primarily serving enterprise and public-sector clients in financial services, healthcare, government, and sports.

Ownership category

akta.pro rank

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations

Distribution channels2 records

Core offering

Naqoda provides software solutions and implementation services that help organisations navigate digital disruption. The company delivers end-to-end software capabilities including installation, configuration, integration, testing, and professional training, primarily serving the financial services, health, government, and sports sectors.

Product overview

Naqoda Systems offers a unified software platform with associated implementation and maintenance services. The company provides software solutions for multiple industries including financial services, health, government, and sports. Their service offering includes installation, configuration, integration, testing, and training. The company positions itself as helping businesses navigate digital disruption through cost-effective solutions with efficient architectures. No distinct named product modules or sub-products are explicitly enumerated in the available source material.

Differentiator

Problem solved

Functional benefit

Products and services

• Naqoda Software Solutions A software solution offering designed to help organisations across financial services, health, government, and sports industries navigate digital disruption through configurable, integrable enterprise software.
• Software Implementation Services Step-by-step implementation support including installation, configuration, integration, and testing of Naqoda's software solutions for enterprise clients in financial services, health, government, and sports.
• Professional Training Services Professional training courses designed to bring client teams up to speed on Naqoda's software, with ongoing on-site support provided to ensure effective adoption and usage.

Named customers5 records

Segments4 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves3 records

Expansion highlights2 records

Direct peers

• EPAM Systems: Large IT services and custom software development provider with strong financial-services exposure; comparable to Naqoda as a professional-services-led software implementation partner for enterprise.
• Thoughtworks: Global IT consultancy and custom software firm with a long-standing focus on financial services and regulated industries — directly comparable to Naqoda's "IT consulting and software development for the financial industry" value proposition.
• Slalom: Consulting firm delivering technology implementation and digital transformation for enterprise and public-sector clients, similar in scope and customer mix to Naqoda's services-led, vertical-pragmatic approach.
• Endava: Technology services firm delivering custom software, integration, and digital transformation, with banking and financial services as a core vertical — matches Naqoda's implementation-led delivery model in FS and adjacent regulated verticals.

Broad incumbents

• Capgemini: Global IT services and systems integration incumbent with a major financial-services practice; an incumbent peer for Naqoda's enterprise implementation services, though operating at vastly larger scale.
• Wipro: Global IT services and systems integration firm with strong financial-services practice — broad incumbent peer delivering custom development, integration, and application management at scale.
• Cognizant: Large global IT and consulting services firm with significant banking and healthcare practices — comparable broad incumbent across Naqoda's full-lifecycle custom software and integration service offering.
• Tata Consultancy Services (TCS): Global IT services, consulting, and digital transformation incumbent — broad incumbent peer competing for the same banking, healthcare, and government digital-transformation work as Naqoda.
• Accenture: Largest global IT services and consulting incumbent serving banking, healthcare, and government — the dominant broad incumbent against which Naqoda competes for the same enterprise digital-transformation budgets.
• Infosys: Global IT services and systems integration provider with deep financial-services expertise; comparable as a broad incumbent offering custom development, integration, and managed services across regulated verticals.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat2 records

Key risks6 records

Key highlights5 records

Customer concentration

• Xx.com/naqoda
• Facebookfacebook.com/naqoda

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Naqoda