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: Transforming Data Experiences in Quantitative Research and Trading

For quantitative researchers and quant trading teams at banking and capital markets firms, the ability to access, integrate, and share data is critical. Data and how teams collaborate with data underpins the ability to generate alpha, perform execution analyses, and provide a modern and differentiated client experience. However, for most banks, legacy technology stacks and...

BLOG

Vendor Strategy: How SpaceTime is Distilling Complex Markets into Actionable Insights

With regulators placing an ever-greater focus on best execution, firms across the buy and sell side are making increasing use of transaction cost analysis (TCA) to demonstrate to customers how their execution performance measures up against various benchmarks. But TCA is not just a regulatory tool. Real-time TCA can also be an incredibly useful resource...

EVENT

TradingTech Summit London

Now in its 13th year the TradingTech Summit London brings together the European trading technology capital markets industry, to explore how trading firms are innovating in today’s cloud and digital based environment to create flexible, scalable trading platforms to support speed to market and business agility.

GUIDE

ESG Handbook 2023

The ESG Handbook 2023 edition is the essential guide to everything you need to know about ESG and how to manage requirements if you work in financial data and technology. Download your free copy to understand: What ESG Covers: The scope and definition of ESG Regulations: The evolution of global regulations, especially in the UK...