Stega UK Limited is a leading security company specialising in delivering innovative and high impact cyber security services to its clients which include hedge funds, financial institutions, and fintech companies, among others. They wanted to find out if their innovative activities would enable them to claim R&D tax relief. Below is one of the eligible R&D projects that the specialists at FI Group identified.
Stega aimed to improve the effectiveness and proactiveness of its fully managed remote security services by developing innovative software solutions. As such, the company sought to design a novel software platform to allow clients to outsource their cyber security needs without losing the assurance of fully managed security monitoring.