The leading knowledge platform for the financial technology industry
The leading knowledge platform for the financial technology industry

A-Team Insight Blogs

Data Management Software Provider Siperian Bags $25M in Expansion Funding

Share article

Master data management (MDM) platform provider Siperian says it has closed an oversubscribed $25 million Series E financing. Led by new investor, Investor Growth Capital (IGC), and with participation from 100 per cent of Siperian’s existing investors, the funding will be used to continue the company’s European expansion, accelerate channel development and further advance the development of the Siperian MDM Hub.

Noah Walley, managing director at IGC, has joined Siperian’s board of directors.

Siperian’s volume of business has more than tripled year-over-year from fiscal 2006 to 2007, it says, and it has achieved profitability. Its customers now include a growing number of Global 500 companies in North America and Europe. The company has also expanded its “partner ecosystem”, which it reckons enables its customers to leverage their existing investments, improve their return on investment and achieve faster “time-to-value”.

Siperian’s partners in the financial services reference data space include Avox, CounterpartyLink and Capco.

Related content

WEBINAR

Upcoming Webinar: Entity identification and client lifecycle management – How financial institutions can drive $4 billion in cost savings

Date: 21 January 2021 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes A new model in Legal Entity Identifier (LEI) issuance has created significant opportunities for financial institutions to capitalise on their KYC and AML due diligence. By becoming Validation Agents and obtaining LEIs on behalf of their clients, financial institutions...

BLOG

Coronavirus Pandemic Accelerates KYC and Onboarding Strategies

The coronavirus pandemic has been an eye-opener for capital markets firms hit by market volatility, systems unable to cope quickly with change, the need to set up work from home schemes (and security), and changing relationships with customers. Nowhere has this been more visible than in Know Your Customer (KYC) and onboarding functions that have...

EVENT

RegTech Summit Virtual

The RegTech Summit Virtual is a global online event that will be held in May 2021 with an exceptional guest speaker line up of RegTech practitioners, regulators, start-ups and solution providers to collaborate and discuss innovative and effective approaches for building a better regulatory environment.

GUIDE

Regulatory Data Handbook 2014

Welcome to the inaugural edition of the A-Team Regulatory Data Handbook. We trust you’ll find this guide a useful addition to the resources at your disposal as you navigate the maze of emerging regulations that are making ever more strenuous reporting demands on financial institutions everywhere. In putting the Handbook together, our rationale has been...