TickSmith has nabbed a $2m investment from Illuminate Financial Management, with a focus on developing its capital markets technology.
The company is a bid data platform for the brokerage and financial services sector, which offers data centralization and distribution, market surveillance, risk management, strategy discovery and analytics.
TickSmith helps trading and risk groups, regulators, exchanges and data businesses to analyse the latest financial data on the capital markets.
Illuminate Financial Management managing partner Mark Beeston said, “Data is taking the centre stage in capital markets. Consolidating high quality data and making it easily accessible is crucial throughout the whole trade lifecycle.
“TickSmith is at the forefront of this trend and is a vital piece of a next-generation, highly scalable and modular financial infrastructure, built on big data technology.”
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