Did you know, many payments made around the world using debit and credit cards have a major connection to London, Ontario? A local software company, Delego Software, specializes in providing top notch payment card processing security software.
“There are a few advantages to London. Our location in Southwestern Ontario gives us access to highly trained, highly skilled people right out of school. There’s a very highly skilled group of people available,” said Delego’s president and CEO Larry Chevalier. “The cost of doing business in London is much lower than that of doing business in Toronto. And we’re close enough that we can visit our customers and stakeholders in major centres.”
Delego was founded in 1997 and has now evolved into one of the largest providers of SAP integrated payment solutions. The company’s software integrates with SAP Software solutions to deliver its products globally. Although the majority of Delego’s international clients are located in the US, the compamy is steadily expanding into the European market.
“Europe has stringent requirements of privacy. There’s a condition that payment card data reside in Europe. Through the cloud, we have access to service in Europe. We’re better positioned to provide service to Europe based customers than our US-based competitors,” Chevalier said.
The company has not only expanded its international client base, but has also seen significant growth in its workforce. The company employs more than 20 people at its Commissioners Road-located office.
“Within the past three years, we have tripled our staff size and in the last year we added 7-8 and we have requirements for several more in 2015,” Chevalier said.
What’s next for this growing tech company? To start with Chevalier said Delego is working on a solution to provide additional protection to enhance security and authentication to their customers as well as a data analysis tool which is soon to be piloted with several customers. The service enables customers to devise strategies to mitigate the cost of accepting electronic payments.
“It will greatly enhance our overall services offering and enhance the return on investment (ROI) of our products and services,” he said. “We’re in a market place where there are three or four of competitors and there are thousands of companies that are looking for a solution like this. There are a lot of new opportunities around and that’s what driving our growth.”
To learn more about Delego, visit www.delegosoftware.com. For a list of open tech position at Delego, visit www.londontechjobs.ca