Simudyne, a simulation technology company, has closed $6 million Series A fundraising led by Barclays and including Graphene Ventures, an early investor in Snap and Lyft, and Gauss Ventures, an early investor in Revolut and Tandem, bringing total capital raised since Simudyne was formed to $10 million. The new funds will help Simudyne continue to invest in talent and accelerate its engagement with the financial services sector. It will also expand the application of its enterprise-ready software beyond bank stress testing, financial risk and contagion management, to applications including market execution and anti-money laundering.
A-Team Insight Blogs
Simudyne Raises $6 Million to Develop Simulation Technology for Financial Services Firms
Don’t miss this opportunity to view the recording of this recently held webinar. Best execution has long sat at the foundation of trading operations across all market and practitioner types. But the introduction of more onerous best execution requirements under MiFID II has raised the bar, both in terms of dealing with fragmented markets from...
The Laboratory for Financial Innovation at China’s Shenzhen Stock Exchange (SZSE) is implementing Kx Systems’ kdb+ high-performance database and programming language as the basis of a data analysis platform for market risk assessment, market performance analysis and trading simulations. The Laboratory provides internal services to the exchange and before selecting the Kx Systems solution was...
The TradingTech Summit in London brings together European senior-level decision makers in trading technology, electronic execution and trading architecture to discuss how firms can use high performance technologies to optimise trading in the new regulatory environment.
Over the past couple of years, Complex Event Processing has emerged as a hot technology for the financial markets, and its flexibility has been leveraged in applications as diverse as market data cleansing, to algorithmic trading, to compliance monitoring, to risk management. CEP is a solution to many problems, which is one reason why the...