DataWalk, a Polish provider of graph analytics solutions, has signed a framework agreement and its first order with the Dutch Rabobank. This is an important step both in the context of the company’s expansion into Western European financial markets and the monetisation of its own technology in the enterprise model.
The contract is for the sale of a time-based licence for the DataWalk analytics platform, with a cooperation period spread over five years. In the initial phase, the implementation will cover a selected operational department of the bank and less than 5 per cent of its users, indicating a ‘land and expand’ model – an approach often used for scalable analytics technology implementations. Ultimately, the system can be expanded to include more teams and full automation of financial crime detection processes.
While financial details of the specific order were not disclosed, DataWalk said that the total value of contracted customer contracts between April 2024 and March 2025 now stands at £66.14m (approximately US$16m). This marks the first time the company has exceeded the PLN 65m annual TCV threshold – a measure of the value of all active contracts in a given period. The company attributes this increase to, among other things, the new pricing model that came into effect in January 2025.
Rabobank is one of the largest retail and corporate banking players in the Netherlands, with a strong exposure to agricultural and sustainability finance. The choice of DataWalk’s technology can therefore be seen as a confirmation of its maturity and competitiveness in environments with high regulatory and operational requirements.
The DataWalk platform is an enterprise-class tool for integrating billions of objects from different data sources and analysing the relationships between them. It is used, among others, in investigative services, public administration or the insurance sector. A key differentiator of the solution is the use of graphical representation of data – an approach that has been gaining popularity in recent years in the context of the fight against financial crime, fraud or corporate abuse.
For DataWalk, the contract with Rabobank is not only an important reference, but also an opportunity for further expansion in Western European markets. The company, which has been listed on the WSE’s main market since 2019, is consistently developing its portfolio of institutional clients, including outside Poland – including in the United States, where its technology is used by federal security agencies.