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

A-Team Insight Briefs

Singapore-Based EDBI Becomes Pico Investor and Strategic Partner

Subscribe to our newsletter

Pico continues its global expansion plan post its acquisition of Corvil with the announcement that Singapore-based investor EDBI has become a Pico investor and strategic partner. Pico launched in APAC about a year ago and has since built presence with strategic hires, new offices and additional data centres in Singapore, Hong Kong, Tokyo, Korea and Taiwan. Within the next 18 months, it plans to add 20 more data centres, completing coverage of APAC financial markets. EDBI joins a roster of strategic investors in Pico including Nomura, Goldman Sachs, J.P. Morgan, UBS, Wells Fargo, DRW Venture Capital and CMT.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Optimising cloud, marketplaces & managed data services

Financial institutions are under mounting pressure to rethink how they source, manage and distribute market data. Rising data volumes, multi-cloud adoption and the operational demands of regulations such as DORA are exposing the limits of legacy infrastructure, and driving firms toward managed services and cloud-native delivery models that can offer greater scalability, resilience and cost...

BLOG

Fanatics Buys BGC’s Exchange and Clearinghouse to Bring Prediction Markets In-House

Global sports platform Fanatics has agreed to acquire Water Street Labs, a CFTC-registered Designated Contract Market (DCM), and CX Clearinghouse, a registered Derivatives Clearing Organization (DCO), from BGC Group. The acquisition gives Fanatics direct ownership of the exchange and clearing infrastructure that will enable it to expand its prediction markets business. Alongside the transaction, the...

EVENT

TradingTech Summit New York

Our TradingTech Summit in New York is aimed at senior-level decision makers in trading technology, electronic execution, trading architecture and offers a day packed with insight from practitioners and from innovative suppliers happy to share their experiences in dealing with the enterprise challenges facing our marketplace.

GUIDE

Practical Applications of the Global LEI – Client On-Boarding and Beyond

The time for talking is over. The time for action is now. A bit melodramatic, perhaps, but given last month’s official launch of the global legal entity identifier (LEI) standard, practitioners are rolling up their sleeves and getting on with figuring out how to incorporate the new identifier into their customer and entity data infrastructures....