The TRADE catches up with Tom McHugh, chief executive at FINBOURNE Technology, to discuss key pain points linked to manual data reconciliation, how new data technologies are helping to reduce risk and the drivers behind the push for real-time data sharing.
New development will enable TT International to make better investment decisions alongside transforming its operating model.
Secondary funding round has enabled six investors to follow-on from their original investment and four additional investors to join the group of firms with a stake in FINBOURNE.
Highland Europe and AXA Venture Partners led the funding round; follows Series A funding round of £15 million in 2021.
Expanded integration will enable clients to have reduced resolution times as well as a reduction in risk and human error, increasing operational efficiency and staff capacity.
The joint, full-stack solution enables both the buy- and sell-side to manage shareholder disclosure obligations for long, short and takeover panel reporting, The TRADE understands.
Appointment brings 25 years’ experience in data strategy from the likes of Citi, EY and IBM.
The three venues confirmed plans to apply to become the tape provider in June last year via a public procurement process organised by ESMA; have selected FINBOURNE as their infrastructure provider.
FINBOURNE’s LUSID platform will be leveraged by Seilern to improve decision making and client services, alongside tracking investment and redemption trends of its client base.
Participants across Sarasin & Partners, FINBOURNE Technology, IRESS and Nasdaq, deep dive into the data trends for 2023.