JPX Takes Minority Stake in Fintech Startup OpenGamma

[kreslik.news]

The Japan Exchange Group (JPX) announced today that it has taken a minority stake in OpenGamma, a fintech startup which provides derivatives risk analytics. The JPX investment follows a previous $13.3 million round of institutional investment in October 2016, which included Accel Partners, NEX (formerly ICAP), Euclid Opportunities and ex-SunGard CEO Cristóbal Conde.

To unlock the Asian market, register now to th e iFX EXPO in Hong Kong

OpenGamma provides an open-source analytics and risk management platform for derivatives trading to hedge funds, banks, clearing houses and asset managers. Its services include a tool which enables financial institutions to ... (read more)