SPD Technology

SPD Technology is a Ukrainian software development company founded in 2004 with 650 professionals on staff. Over 20 years, the firm has completed 470 projects and maintains an NPS of 81. The company specializes in fintech and payments, AI/ML, data analytics, and cloud solutions. It holds AWS Select Tier Services Partner status and recently became an Adyen Implementation Partner.

The firm's client roster includes PitchBook (where SPD has worked for 13 years), Poynt, BlackHawk Network, Morningstar, and Space Needle. For PitchBook, SPD developed a data platform integrating multiple sources for real-time analytics. For an investment platform client, the company achieved a 10x performance boost and rebuilt systems to current industry standards. At BlackHawk Network, SPD restructured mission-critical business systems and delivered $200,000 per month in operational savings by consolidating legacy platforms.

Services and capabilities

SPD's service lines break into eight main areas. AI and Machine Learning work has focused on revenue stream generation and operational efficiency improvements through ML-enabled data analysis. For a B2B intelligence provider, the team improved financial data processing speed by 3x while cutting costs to 5x efficiency using ML and OpenAI integration.

Digital Platforms covers web and mobile application development. The company built a comprehensive data platform for PitchBook that integrated disparate sources and enabled real-time analytics.

Data Analytics uses machine learning and BI tools to surface patterns and inform decisions. Cloud and DevOps handles infrastructure modernization. One client migrated from on-premise to Google Cloud and saw a 10x performance improvement; feature development cycles accelerated 12x through DevOps optimization. Application Modernization transforms legacy systems into cloud-native architectures. For Pie Insurance, modernization added advanced billing features, resulting in 3x growth in payment users and expanded payment processing into a $140B market.

System Integration and APIs connects disparate systems. SPD created robust APIs and BI dashboards for an embedded insurance provider to enable A/B testing and data-informed package decisions.

Security is embedded across projects. For Poynt—which processes 140 million monthly transactions—SPD implemented AI-enabled threat detection and fraud prevention mechanisms, improving fraud detection and ensuring regulatory compliance.

Quality Engineering uses cross-functional teams and automated testing throughout the development lifecycle. One client saw feature delivery accelerate 12x through streamlined testing.

Notable work

PitchBook is SPD's longest-standing client. Over 13 years of work, SPD has scaled PitchBook's product development and continuously delivered functionality for investment research. The data platform SPD built integrated multiple data sources and enabled real-time analytics, boosting operational efficiency.

At BlackHawk Network, SPD restructured mission-critical business systems for the company's 37,000+ corporate and government partners, achieving $200,000 per month in operational savings.

For Poynt, the world's first omnicommerce platform processing 140 million monthly transactions, SPD implemented intelligent fraud detection and threat prevention, ensuring compliance with regulatory standards.

Other documented outcomes include: 40% operational time saved for one client; 12x acceleration in release cycles for new features; 3x infrastructure cost reduction; 10x data storage cost reduction and performance optimization; and 3x performance boost with sub-1.5-second API response times.

How they work

SPD uses a structured modernization methodology starting with discovery and legacy system audits, followed by methodology selection aligned to budget and risk. The firm develops detailed modernization roadmaps with scope, timelines, and resource allocation. Modernization happens iteratively—refactoring services, migrating data, and releasing enhancements incrementally to minimize downtime. Architecture and DevOps setup includes cloud infrastructure-as-code, observability, security, CI/CD, and container orchestration. Testing and optimization precede go-live; support continues with 24/7 monitoring and incident response. The website references "dedicated teams" that act as extensions of partner companies, with flexibility in project management and responsive communication. Engagement models are not explicitly detailed on the source material.

Team and credentials

SPD has 650 professionals across its organization. Founders are not named in the available source. The firm holds AWS Select Tier Services Partner certification, recently achieved Adyen Implementation Partner status, and was recognized as a top 1000 global service provider in 2025. Industry recognition includes Top Software Developer in the UK 2026, Top Enterprise Software Developer 2025, Top Java Developer Eastern Europe, and Top UK Computer Vision Company. The company emphasizes "compliance-first" engineering architecture with hands-on experience delivering systems in fintech, payments, healthcare, and legal; teams integrate GDPR, HIPAA, and PCI DSS into initial architectural blueprints. Multiple clients have been with SPD for over 12 years, indicating long-term retention.