PE Tech Report

Trading & Execution

Edison Partners sells fintech firm Clearpool Group to BMO

Growth-equity investment firm Edison Partners has completed the sale of Clearpool Group, a New York-based electronic trading provider and independent agency broker-dealer, to BMO Financial Group. The deal is Edison’s third institutional fintech exit to a strategic buyer this year, which also includes the sale of Scivantage to Refinitiv and Solovis

BidFX adds SEB as newest liquidity provider

Scandinavian bank SEB has become the newest liquidity provider for BidFX, an EMS designed for the daily FX market.BidFX head of Nordic Sales, Peter Bondesen, says: “The increased interest in our advanced EMS from Nordic financial institutions means greater demand for specialised, local liquidity. Many of our global clients have also

Deaglo aiming to mitigate the FX risk of cross-border transactions

Deaglo, a cross-border advisory firm that provides FX execution and risk management solutions to institutional investors, investment managers, multinational corporations and private clients, has launched. The firm says its aim is to ‘educate and empower CFOs to take control of their FX risk and manage their cross-border transactions more effectively’. Ashley

New qualification in ESG Investing to launch in December

CFA UK’s Certificate in ESG Investing, the first qualification of its kind in the UK, will be available to investment professionals from December. The Certificate has been introduced to meet the increased demand for ESG knowledge and skills in the investment sector and is already seeing high uptake.   In

Announcement

Equivito partners with Ablrate to create blockchain private debt trading platform

Equitivo is partnering with Ablrate, a specialist asset backed lending marketplace, to accelerate its growth, launch a new integrated broker platform, expand its marketing and develop new products. The consultancy work will also assist in Ablrate’s progress of ASMX, a blockchain enabled secondary market which connects multiple platforms and investors

Announcement

CloseCross raises USD3m

CloseCross, a multi-party, decentralised derivatives trading platform in beta, has opened its investment round with USD3 million backed by Amnis Ventures, a privately owned venture fund based in Houston, Texas. The investment puts CloseCross at a post-money valuation of USD60 million.   CloseCross is committed to a disruption of the

Navid Alipour, Analytics Ventures

Analytics Ventures launches AI-driven trading platform for stocks

Analytics Ventures, a fund dedicated to creating and building venture companies that harness the power of artificial intelligence (AI) technologies, has added AlphaTrAI – a proprietary AI-based automated trading platform that fuses the latest explainable AI (XAI) techniques with multiple sophisticated trading strategies – to its venture portfolio. With three-year

Tom Wheatley, Watson Wheatley

Watson Wheatley connects with Orchestrade to offer best practice reconciliation

Watson Wheatley, a provider of reconciliation solutions, has integrated its iRecs reconciliation solutions with Orchestrade’s core portfolio management and risk system. The connection creates a standard interface for Orchestrade clients who wish to leverage the iRecs reconciliation system to solve complex reconciliation issues and increase operational efficiency. Watson Wheatley’s growing

Swarm launches Market Access Protocol for security token trading

Swarm, the blockchain for private equity, has released its Market Access Protocol (MAP) for tokenised security trading.   Currently, there are several qualifications that must align for security tokens to be traded compliantly. For a transaction to be rendered fully compliant at the point of execution, parties must confirm the

Magnus Almqvist, Aquis

Aquis to provide EIR with full suite of trading technology

Aquis Technologies, the financial and regulatory technologies services arm of Aquis Exchange, has been appointed to supply trading technology to Estates and Infrastructure Exchange (EIE). EIE will take Aquis’ complete suite of exchange technology including the Aquis Matching Engine (AMS), its state-of-the-art Aquis Market Surveillance (AMS), as well as operations

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05 June, 2024 – 8:30 am

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