One contract awarded to Leeds-based firm Hippo Digital raises new questions about the evolving use of digital identity systems. Their mission is to change the MoD’s digital life better environment identity. This deal follows on the heels of a significant investment by European private equity firm Exponent. In all, it represents a new era of development and increased activity for the firm. The contract, worth £9,166 (around US$12,400), emphasizes Hippo Digital’s increasing role in the digital identity space.
The project will conduct a detailed business analysis of the MoD’s existing digital identity ecosystem. More specifically still, it will focus on the lifecycle of new identities. Not just the death—how these identities are created, managed and eventually retired. Hippo Digital will be exploring how identities are consumed internally to the MoD and externally with their partners.
This contract comes on the heels of a wave of financial sector cash pouring into Hippo Digital. It further underscores the latter company’s rocky position in the marketplace. Their expertise could hardly be more timely given the increasing UK government interest in digital identity solutions.
Analysis of Identity Management Processes
Hippo Digital's work will involve a deep dive into the MoD's existing identity management processes. During this phase, the company will test how efficient the new systems are and how secure they are. This includes determining weaknesses and suggesting solutions to facilitate more efficient processes.
The analysis will focus on interoperability. This was the starting point for Hippo Digital’s further analysis to understand how the MoD’s identity systems fit in with their partners’ systems. This is key to making sure that their information can be shared securely and easily.
The ultimate goal is to create a more robust and user-friendly digital identity system for the MoD, enhancing both internal operations and external collaborations.
Financial Backing and Expansion
With the latest investment from Exponent, Hippo Digital is looking to scale its operations further and seek out strategic partnerships. This influx of cash has strengthened the firm’s ability to pursue increasingly bigger and more complicated projects. One other really cool example is the MoD contract. Contributing to the community in this way underlines Hippo Digital’s ambition to remain at the cutting edge of development within the digital identity space.
Hippo Digital’s experience and success in securing this contract highlights the depth of their expertise. It shows the company’s capacity to bring the best and most applicable solutions to federal government agencies. Led by previously mentioned Omada, the company is uniquely positioned to capitalize on the global demand for secure and efficient digital identity systems.
Insights from Hippo Digital's Head of Identity
THINK Digital Partners closely tracked this project and near the end of last year, sat down with Jim Small, Hippo Digital’s Head of Identity for an interview. The precise details about the MoD project remain classified. The interview uncovers valuable information about how Hippo Digital is defining a new path to digital identity verification.
the UK has established itself as an engaged environment for digital wallets to evolve - Jim Small
The interview, titled "digital wallets- why now is the time for the UK to establish a unique strategy" by THINK Digital Partners, suggests that Hippo Digital is likely to leverage its expertise in digital wallets and identity verification to address the MoD's needs.
