History and milestones
Established in 1990 as a private equity company in the field of software development and system integration, Fadata has gradually built its reputation as an experienced and reliable partner in the Balkans. Since its first corporate project for the implementation of INSIS, the company’s flagship insurance solution, in four subsidiaries of an international insurance group in the mid 90's, the company has grown to a global vendor of best in breed solution for general, life, health and Takaful insurance with an international partners’ network and local presence in some of the biggest European cities.Some of Fadata’s historical milestones are:
| 1990 | Fadata Ltd is established |
| 1990-1997 | Software development and system integration projects in Bulgaria |
| 1997 | INSIS v 1.0 is officially launched |
| 2000 | Fadata starts international operations |
| 2006 | Fadata is recognized as Oracle Certified Advantage Partner |
| 2006 | Fadata opens subsidiary in Serbia |
| 2007 | Fadata expands its presence in Russia and CIS |
| 2007 | Fadata opens subsidiary in Romania |
| 2007 | Fadata is the first Eastern European PAS Vendor to be included and highly ranked in the Celent reports on PAS for General and Life Insurance Vendors in Europe |
| 2007 | Fadata starts its cooperation with Gartner |
| 2007 | INSIS is SOA compatible |
| 2008 | Fadata opens subsidiaries in Portugal and Russia |
| 2008 | Fadata starts to provide First Line Support for Oracle customers in Bulgaria, Serbia, Slovenia, Croatia and Bosna and Herzegovina |
| 2008 | INSIS latest v 9.0 is officially launched |
| 2008 | INSIS first implementation for a Takaful Insurance Company |
| 2008 | Fadata becomes public and renamed to Fadata AD |
| 2009 | Fadata opens subsidiaries in UK and Spain |
