Institutional Investment & Trading

BestEx Research Group, a provider of algorithmic execution solutions for equity, futures and foreign exchange trading, has netted $10m in a funding round.

Sprout, a UK-based platform for underserved private investors to access a selection of venture capital funds, has raised $1m in pre-seed financing.

Aiviq, a cloud-based SaaS business for the global asset management industry, will provide AllianceBernstein (AB) with client assets under management (AUM) and flow data management products and services, through a new deal.

Texan WealthTech First Rate has acquired Chilean-based Finantech, which offers comprehensive reporting solutions to family offices and private banks.

Cerchia, which is on a mission to enable direct risk transfer between investors and reinsurers, has secured CHF 1.3m ($1.4m).

Kidbrooke, a financial analytics API developer, has partnered with HAYAH Insurance to provide the company with its financial simulation engine.

1fs Wealth, which helps investors control their investments and collectables from a single platform, has received an investment from angel investor Dominique Cerutti.

Koble, an AI-powered platform that improves investment decisions, has reportedly secured $1.2m in pre-seed funding.

Israel-based bondIT is an investment technology developer for investment firms and has secured a $14m investment led by BNY Mellon.

Finery Markets, which helps institutions get involved with crypto markets, has collected $5.5m in its seed funding round.