Imandra, creator of a cloud-native automated reasoning engine designed to make algorithms safe, has completed a $5 million round of seed funding led by UK and US investors AlbionVC, IQ Capital and LiveOak Venture Partners. The capital will be used to support application of the company’s Reasoning as a Service platform in financial services and other sectors, and to hire more AI, engineering and product specialists. Grant Passmore, co-founder and co-CEO at Imandra, notes that as reliance on complex software grows, advances in AI are needed to ensure the algorithms we depend on are safe, explainable and fair.
A-Team Insight Blogs
This webinar has passed, but you can view the recording here. With the March ‘launch’ of the global legal entity identifier (LEI), the marketplace now officially has a standard it can use for managing entity data. Post-Credit Crunch, the lack of such a standard has forced firms to embark on their own initiatives to create...
Montreal-based TickSmith has made available its Transaction Cost Analysis (TCA) solution offering, providing clients with a library of industry standard transaction cost analytics. Deployed as a turnkey solution with all the flexibility of a custom application, TickSmith’s TCA offering can be calibrated to suit unique client requirements. The TCA add-on to the TickSmith analytics platform...
Now in its 3rd year, the RegTech Summit in NYC explores how the North American financial services industry can leverage technology to drive innovation, cut costs and support regulatory change.
The US corporate actions market has long been characterised as paper-based and manually intensive, but it seems that much progress is being made of late to tackle the lack of automation due to the introduction of four little letters: XBRL. According to a survey by the American Institute of Certified Public Accountants (AICPA) and standards...