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A-Team Insight Briefs

Genesis Receives $20m in New Investments from Bank of America, BNY Mellon and Citi

28 July 2022
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Genesis Global, the low-code application development platform purpose-built for financial markets organizations, has followed its $200 million Series C funding announced in February with $20 million in new investments from Bank of America, BNY Mellon and Citi.

In 2021, Genesis tripled its revenue and the size of its team. Financial services firms use Genesis across the software value chain to automate spreadsheet processes, enhance existing systems, replace legacy technology and to build new, robust first-time applications.

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The on-site data management model is broken. Resources have been squeezed to breaking point. The industry needs a new operating model if it is truly to do more with less. Can hosted/managed services provide the answer? Can the marketplace really create and maintain a utility-based approach to reference data management? And if so, how can...

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