About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

genesis Plans Further Development of Low-code Application Platform with Second Funding Round

Subscribe to our newsletter

genesis, provider of a low-code application platform built for capital markets, has closed a second funding round of $1.8 million. The funding will be invested in further development of the platform’s core technology, sales and marketing, with the aim of positioning genesis as a leading low-code platform for capital markets software development.

The company has raised $5 million since its first external capital injection in November 2018, with second round funding led by Illuminate Financial Management, a UK based capital markets venture capital firm, and Tribeca Early Stage Partners, a New York venture group.

Stephen Murphy, CEO of genesis, says: “This investment puts us in a position to continue to grow and lead a critical effort to make low-code application development prevalent across capital markets. Low-code has been used widely outside the industry to create applications at speed and at drastically reduced cost, but to date these platforms have not been built to support capital markets.”

The genesis platform is dedicated to capital markets and enables rapid creation of products and solutions without the need to write substantial amounts of code. Infrastructure management is minimised and the platform ultimately democratises product design as the coding required is radically reduced, making the development of solutions simpler and faster. Products already built, implemented and deployed on the platform range from an interest rate pricing product to a credit risk insurance syndicate loan marketplace and wealth management portfolio structuring and workflow products.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: The Role of Data Fabric and Data Mesh in Modern Trading Infrastructures

The demands on trading infrastructure are intensifying. Increasing data volumes, the necessity for real-time processing, and stringent regulatory requirements are exposing the limitations of legacy data architectures. In response, firms are re-evaluating their data strategies to improve agility, scalability, and governance. Two architectural models central to this conversation are Data Fabric and Data Mesh. This...

BLOG

Data as a Product: From Collection to Control in Modern Markets

For much of the past decade, data strategy in capital markets focused on accumulation. Firms invested heavily in market data feeds, alternative datasets, data lakes, and analytics platforms. Yet despite this abundance, many organisations have still struggled to answer basic operational questions with confidence, particularly during periods of market stress. The problem is no longer...

EVENT

Data Management Summit London

Now in its 16th year, the Data Management Summit (DMS) in London brings together the European capital markets enterprise data management community, to explore how data strategy is evolving to drive business outcomes and speed to market in changing times.

GUIDE

Corporate Actions Europe 2010

The European corporate actions market could be the stage of some pretty heavy duty discussions regarding standards going forward, particularly with regards to the adoption of both XBRL tagging and ISO 20022 messaging. The region’s issuer community, for one, is not going to be easy to convince of the benefits of XBRL tags, given the...