GTreasury, a treasury and risk management platform provider, has acquired Hedge Trackers, a provider of accounting, consulting, and software services to protect clients against financial risk. The acquisition joins Hedge Trackers’ hedge accounting expertise and SaaS solutions with GTreasury’s unparalleled
KNEIP, a specialist in fund data management and reporting solutions for the asset management industry, has acquired Dataglide, a UK-based technology company specialised in data transformation and cloud-based automation. The acquisition brings significant technology expertise in-house, with microservices architecture and
Boosted.ai, a distributed machine learning platform for global investment professionals, has closed a USD35 million Series B financing round, led by Ten Coves Capital and Spark Capital. Portage Ventures, Royal Bank of Canada (RBC) and HarbourVest Partners also participated in
AI enabled fintech company Qraft Technologies has closed a USD146 million investment from SoftBank Group Corp. (SoftBank), which includes primary growth capital and secondary capital that will be used to fund share purchases from investors.
Trading Technologies International (TT), a provider of professional trading software, infrastructure and data solutions to proprietary traders, brokers, money managers, CTAs, hedge funds, commercial hedgers and risk managers, has invested USD6.35 million in KRM22, a technology and software investment company
Insig AI, a data science and machine learning solutions company serving the asset management industry, is to acquire the entire issued share capital of FDB Systems Limited, a specialist in the collection and structuring of financial market data for investors
Satuit Technologies by Tier1 Financial Solutions (Tier1), a global specialist in CRM, AML compliance and fraud prevention solutions, has partnered with Versoft Consulting to bring enhanced integration to the Satuit product suite and portfolio accounting solutions.
UMB Fund Services (UMBFS), a subsidiary of UMB Financial Corporation UMBF), has launched an automated optical character recognition (OCR) processing programme. The technology enables faster, more accurate processing of handwritten subscription and tender documents by replacing manual reviews with OCR
Parameta Solutions, the flagship brand of TP ICAP’s Data & Analytics division, has launched a global post-trade analytics platform, Trading Analytics. The new offering meets increasing demand for trading cost analysis and best execution in bonds enabling both sell and
Options, a provider of cloud-enabled managed services to the global Capital Markets, has achieved the prestigious VMware Cloud Provider Principal Partner status. This achievement demonstrates Options’ commitment to providing a modern, Multi-Cloud platform complete with VMware Cloud capabilities, including deployment,
