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

A-Team Insight Blogs

Simudyne Closes $6M Series A Funding Round with Plans to Expand

Subscribe to our newsletter

Simulation technology specialist Simudyne has closed a $6 million Series A fundraising led by Barclays. The new funds will help Simudyne to continue to interact with the financial services sector while expanding the applications of its enterprise-ready software beyond bank stress testing, financial risk and contagion management.

Simudyne’s solutions assist organisations to harness the power of agent-based modelling, AI, and machine learning to test drive their decisions and drive growth. Leveraging agent-based simulation, the firm’s technology enables clients to simulate millions of scenarios to test drive their decisions and fail without consequences in order to gain insight.

Already in use at Barclays and in other large financial institutions, the firm claims to have seen a 600% increase in revenue in 2018, following the acquisition of new banking clients. It plans to use the funding to expand its team as it seeks to enter new areas such as market execution, anti-money laundering and fraud.

“We expect simulation will be a multi-billion-dollar market within the next five years and we will be positioned to capitalise on that opportunity,” says CEO Justin Lyon. “With simulation, traders can generate effective synthetic trade data, account for adaptive trading strategies, optimise their algorithms against buy-side policies, test against stressed scenarios, and demonstrate transparency and proper governance to regulators.”

Graphene Ventures and Gauss Ventures joined Barclays in the funding round.

Subscribe to our newsletter

Related content

WEBINAR

Upcoming Webinar: Data platform modernisation: Best practice approaches for unifying data, real time data and automated processing

Date: 17 March 2026 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes Financial institutions are evolving their data platform modernisation programmes, moving beyond data-for-cloud capabilities and increasingly towards artificial intelligence-readiness. This has shifted the data management focus in the direction of data unification, real-time delivery and automated governance. The drivers of...

BLOG

The New Shape of Market Data: Why Institutions Are Moving Toward a More Modular, Machine-Readable Architecture

For decades, the market-data ecosystem has been defined by reliance on a handful of dominant vendors. Their breadth, depth and entitlements frameworks became foundational to both the trading desk and the wider enterprise. But the requirements of the modern financial technology stack have shifted dramatically. Cloud-native development, agentic AI workflows, and a proliferation of analytics-driven...

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

Entity Data Management Handbook – Third Edition

Welcome to the third edition of the Entity Data Management Handbook which is available for free download. In this updated edition we delve into the role entity data plays in the smooth running of financial institutions and capital markets, the challenges of attaining high quality data, and various aspects, approaches and technologies involved in managing...