On To Knowledge Ltd.

What On To Knowledge Ltd. does

Raw Knowledge Ltd. is a London-based specialist financial data provider and data management firm serving UK wealth managers, private banks, investment platforms, financial advisory firms, authorised corporate directors, depositaries, and accountancy practices. The company originated as the data operations team within sister company Financial Software Ltd (FSL), supporting the ERI component of FSL's CGiX capital gains product, and was spun out in November 2024 as a standalone wholly-owned subsidiary of Industrial Thought Ltd.

The company operates three interlocking offerings. The flagship is the Managed Smart Data (MSD) Platform, an AI-powered data management solution built on a metadata-driven lakehouse architecture with a three-layer Medallion design (Bronze raw / Silver validated / Gold harmonised). It uses Generative AI and large language models guided by tailored prompts, combined with multiple parsing methods, to extract machine-readable data from structured, semi-structured and unstructured documents including PDFs and scanned images, and assigns configurable confidence scores to extracted data tables. The platform adds automated data lineage using SCD Type Two time-travel versioning, anomaly detection in the Silver layer, and knowledge retrieval across the data lifecycle. Two specialist services complement the platform: an ERI (Excess Reportable Income) data subscription that delivers HMRC-ready offshore fund datasets with rare fields such as equalisation rates and asset allocations, and a bespoke data consultancy practice that performs primary research into individual financial instruments for tax liability determination.

Raw Knowledge runs a sales-led B2B enterprise motion targeting UK wealth and asset management buyers through consultative direct engagement, supported by content marketing (Insights blog, email newsletter, LinkedIn, industry events and webinars) and a January 2026 distribution partnership with Adapa Advisory. Revenue derives from recurring ERI subscriptions, managed-services contracts for the MSD Platform, and project-based data consultancy fees; specific pricing is not publicly disclosed. The company is fully bootstrapped, inherited its initial client base and revenue stream from FSL at spin-off, and operates from 5th Floor, 11 Ironmonger Lane in the City of London under the Industrial Thought Group umbrella, with its platform co-developed through the group's Thought Train incubation lab.

Name

On To Knowledge Ltd.

Legal name

Raw Knowledge Limited

Website

https://rawknowledge.ltd

Company type

Private

Founded year

2024

Operating status

Operating

Headcount range

11–50 employees

Short description

Raw Knowledge is a London-based specialist financial data provider and data management firm serving UK wealth managers, private banks, platforms, ACDs, and depositaries with an AI-powered Managed Smart Data Platform, ERI data for offshore tax reporting, and bespoke data consultancy services.

Ownership category

akta.pro rank

Product category

Wealth Management Data Services

NAICS

Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (5182)

SIC

Services-Computer Programming, Data Processing, Etc. (7370), Services-Computer Processing & Data Preparation (7374)

akta.pro primary industry

Data Strategy & Governance Services (BPAEAHAA)

akta.pro secondary industries

Data Quality, Profiling & Cleansing (HDAEADAD), Enterprise Application Data Migration & Master Data Management Services (BPAEAGAJ)

Keywords

• Wealth management data
• ERI data services
• Data management platform
• Financial data consultancy
• Offshore fund reporting

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, Marketing or Sales, Infrastructure

Revenue model

1. ERI Data Provision: Specialist data provision service delivering Excess Reportable Income (ERI) data for offshore reporting funds. Provides complete, high-quality, traceable offshore fund data to support accurate, timely UK tax reporting. Clients receive full datasets including fields rarely provided on fund manager documentation such as equalisation rates and asset allocations.
2. Managed Smart Data Platform: End-to-end data management solution delivered as a platform/managed service. Creates single trusted view of disparate data sources for financial institutions, supporting faster reporting, regulatory compliance, and data-driven decisions.
3. Data Consultancy Services: Bespoke data consultancy service providing primary research into specific financial instruments to help accurately report clients' tax liabilities. Includes expert support and access to original source material for total data transparency.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Raw Knowledge delivers the Managed Smart Data (MSD) Platform, an AI-powered end-to-end data management solution that extracts, validates, and unifies fragmented financial data into a single auditable view, complemented by specialist ERI (Excess Reportable Income) data provision for offshore fund tax reporting and bespoke data consultancy for capital gains and income tax matters. The company serves UK and international wealth managers, private banks, investment platforms, financial advisers, authorised corporate directors, and depositaries.

Product overview

Raw Knowledge offers a portfolio of three interconnected data solutions for financial institutions. The core offering is the Managed Smart Data Platform - an AI-powered data management platform that extracts, validates and unifies disparate data sources into a single trusted view. This platform is complemented by two specialist data services: ERI Data (Excess Reportable Income data for offshore fund tax reporting) and Data Consultancy (bespoke analysis for complex financial instruments). The platform serves as the technical foundation while the ERI Data and Consultancy services represent domain-specific applications of the company's data expertise, all aimed at helping financial institutions improve regulatory compliance and decision-making.

Differentiator

Problem solved

Functional benefit

Brands

• Managed Smart Data Platform (MSD Platform): An end-to-end AI-powered data management solution that extracts, cleans, validates, and unifies fragmented data from multiple sources into a single accurate and auditable view for financial institutions.
• ERI Data
• Data Consultancy

Products and services

• Managed Smart Data (MSD) Platform An end-to-end AI-powered data management solution that extracts complex structured, semi-structured and unstructured data formats (including PDFs) using Generative AI and large language models, then cleans, validates and unifies fragmented data into a single, accurate and auditable source of truth. Built on a metadata-driven lakehouse architecture with Medallion (Bronze/Silver/Gold) data quality layers and automated data lineage / time-travel capabilities. It is targeted at financial institutions - wealth managers, private banks, investment platforms, financial advisers, authorised corporate directors, and depositaries.
• ERI Data Specialist Excess Reportable Income (ERI) data provision service that sources and delivers complete, high-quality and traceable offshore fund data to support accurate, timely UK tax reporting. Provides a full data set including fields rarely provided on fund manager documentation such as equalisation rates and asset allocations, used by wealth managers, private banks, platforms, advisers, ACDs, depositaries, and accountancy firms.
• Data Consultancy Bespoke data consultancy service delivered by a dedicated team of data analysts with over 25 years of financial services experience. Provides primary research into specific financial instruments to help accurately report clients' tax liabilities for capital gains and income tax purposes, with access to original source material for total data transparency.

Quantifiable outcome

• 400% increase in weekly reporting capacity
• +3 more outcomes

Named customers2 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability7 records

Feature5 records

Partnerships

Four partnerships are on record, tiered core.

• Adapa AdvisorycoreStrategic or Co-development Partner · 1 January 2026Partnership where Adapa Advisory provides Raw Knowledge's Managed Smart Data platform to clients across the UK wealth management and banking sector. Adapa Advisory chose Raw Knowledge for its innovative technology, deep data management expertise and proven track record in ERI data. The partnership supports Adapa's strategic business development while strengthening their advisory services where robust data management is critical.
• Industrial Thought GroupcoreOthersParent company of Raw Knowledge. Founded in 2013, Industrial Thought Ltd is the parent company for a group of companies in investment taxation, financial data, and related consultancy services. Provides technology incubation lab Thought Train that supports Raw Knowledge's development of pioneering solutions.
• Financial Software Ltd (FSL)coreOthersSister company to Raw Knowledge under the Industrial Thought Group. FSL is a provider of specialist investment tax solutions and creator of CGiX, the market-leading capital gains calculator. Raw Knowledge originally formed as the data operations team at FSL, supporting ERI data provision as part of their CGT software solution.
• Thought TraincoreTechnology or IntegrationTechnology incubation lab within Industrial Thought Group that partnered with Raw Knowledge to develop the Managed Smart Data Platform. Thought Train focuses on prototyping and assessing the viability of developments for the financial services industry.

Scale indicators6 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• SIX Financial Information: SIX Financial Information provides reference data, corporate actions, and pricing services to wealth and asset managers globally, directly comparable to Raw Knowledge's specialist financial data provision and validation capabilities.
• Calastone: Calastone operates fund transaction networks and data services in the UK and European market, including messaging, reconciliation, and reporting — making it a relevant peer in UK fund data infrastructure serving platforms and managers.
• FE fundinfo: FE fundinfo is a leading provider of fund data, regulatory reporting, and data management solutions for the European wealth and asset management industry. It is the closest direct competitor to Raw Knowledge's ERI Data and broader data management services in the UK and European fund market.
• RIMES Technologies: RIMES provides managed data services for buy- and sell-side firms, including data sourcing, transformation, validation, and lineage — closely overlapping with Raw Knowledge's Managed Smart Data Platform capabilities for financial institutions.
• Confluence Technologies: Confluence delivers data-driven solutions for fund reporting, regulatory, and performance needs to asset managers and service providers, competing in the same data consolidation and reporting space as Raw Knowledge's platform and ERI services.

Broad incumbents

• SS&C Technologies: SS&C offers fund administration, data management, and reporting services for asset and wealth managers. Its broad portfolio competes with both Raw Knowledge's ERI Data offering and the MSD Platform for institutional data workflows.
• Morningstar: Morningstar is a broad incumbent in investment research, fund data, and portfolio analytics. Its fund data and reporting products overlap with Raw Knowledge's ERI and data management offerings for wealth managers and platforms.
• Bloomberg: Bloomberg is a broad incumbent supplying reference data, analytics, and reporting across asset management. While not specialized in UK ERI, its scale and bundled offerings compete for the same wealth management data budgets Raw Knowledge targets.
• LSEG (Refinitiv): LSEG (formerly Refinitiv) provides comprehensive financial reference data, Lipper fund data, and data management capabilities used by wealth and asset managers, representing the broad-incumbent competitive alternative to a specialist like Raw Knowledge.

Regional players

• ClearGlass Analytics: ClearGlass Analytics provides fund transparency and reporting analytics primarily to UK and European institutional investors, overlapping with Raw Knowledge's data and reporting value proposition for wealth and asset managers in the same geography.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/raw-knowledge

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 On To Knowledge Ltd.