Funding
Illuminate Rounds Out Baton Systems Funding with $4m Investment
This is the first investment Illuminate has made in a company offering DLT-based tech.
This Week: Refinitiv; Broadway; BMO/Clearpool; Skytra/Nasdaq & More
Catch up on some of the past week's financial technology news.
This Week: Fidelity Digital Asset, State Street, HSBC, Instinet, INTL FCStone, Quantopian
A summary of some of the past week’s financial technology news.
AI and Cloud Remove Barriers to Entry for Real-Time Intraday Liquidity
As increased regulatory reporting obligations add to the pressure financial institutions are under to manage intraday liquidity, centralizing siloed legacy systems into a single automated solution can offer an enterprise-wide, real-time view of liquidity…
This Week: Digital Asset, BNY Mellon-SimCorp, AccessFintech & More
A summary of some of the past week’s financial technology news
Apteo Preps Alt Data Platform Expansion
The startup will use a new investment round to fund the addition of new datasets and staff as it brings its platform to market.
Startup Koyfin Readies New Data, Tools for Research Visualization Platform
The new features and data will form the basis of a premium, fee-liable version of Koyfin's investment researh platform slated for launch next year.
Citi Invests in ChartIQ's Finsemble
Citi is the first Series B strategic investor for ChartIQ's desktop integration platform.
Intrinio Raises $5 Million for Data R&D, Institutional Push
The St. Petersburg, Fla.-based vendor will use the funds to expand its data coverage and increase its footprint in the institutional investor space.
OpenGamma Raises $10 Million for Expansion
OpenGamma looks to release more products in the next 18 months and expand in US and Asia.
CFTC Chair Says Agency is ‘Finally’ Getting Resources to Bolster Tech
Giancarlo lauds budget approval from Congress in swansong industry appearance.
Collibra to Tap Google AI Talent, Add 200 Staff in ’19
A funding deal led by Google's private equity affiliate will expose Collibra to machine learning and AI expertise at the search giant.
CAT’s Tale: How Thesys, the SROs and the SEC Mishandled the Consolidated Audit Trail
WatersTechnology investigates the torturous journey to create a stock-trading database for the US, and where the project goes from here.
ChartIQ Preps Growth Spurt, Product Expansion Following New Funding
The $17.4 million investment will drive growth across all areas of the company, officials say.
Symbiont Starts Assembly Line with $20 Million Boost
Company aims to commercialize its smart-contract platform after Nasdaq-led funding round.
Independence Day: Separation Brings Value for Fintech Spinoffs
Financial firms with a data or technology ‘vendor’ arm developed in house are finding that separation can benefit both business lines. Max Bowie speaks to companies that have spun out from other organizations about the good, the bad, and the ugly aspects…
Backstop Solutions Raises $20 Million
The investment will help accelerate software upgrade projects and potentially fund new acquisitions.
Sentieo Eyes Recruitment Drive After Raising $19M Funding
The vendor will use the new funding to expand its sales and marketing functions.
CLSA Diversifies Asset Management Business with AlphaLabs Launch
New venture targets investments in the fintech space, including regtech, artificial intelligence and blockchain companies.
Duco Expands into Singapore, Wrocław and Edinburgh
The London-based data engineering company is opening three new offices.
Quant Insight Seals Latest Round of Funding
The investment will be used to accelerate growth and bolster the firm's global presence.
Archax Launches Institutional Crypto Exchange
Startup targets institutional community with digital-asset exchange.
Regnosys to Expand Reach with Bank, Regulatory Implementations
In addition to its work with Isda, the fintech startup also has projects in the works with ING Bank and the FCA.