OpenGamma, a London, UK-based financial software-as-a-service firm, closed a $21 million funding round as it readies to ramp up growth plans.
The round was led by Allianz X, existing investors also participated in the funding round.
From the proceeds of the latest funding round, OpenGamma will continue to expand its offering, including the launch of automated workflow solutions for the treasury management of asset managers and other financial participants.
Company: OpenGamma Limited
Raised: $21.0M
Round: unknown
Funding Month: February 2022
Lead Investors: Allianz X
Additional Investors:
Company Website: https://opengamma.com/
Software Category: Derivatives analytics
About the Company: OpenGamma is a derivatives analytics firm trusted by the largest and most sophisticated global banks and fund managers who depend on their pre and post-trade margin analytics to drive trading and treasury costs down. OpenGamma's quantitative depth and extensive asset class coverage enable users to dynamically manage their funding, liquidity, and optimization requirements across bilateral, SIMM and cleared derivatives portfolios. OpenGamma has developed unique coverage for a large inventory of derivatives products and continues to refine them together with its customers. The use of OpenGamma's technology provides clients with significant capital savings, thus improving performance and generating additional alpha.
Source: https://medium.com/allianz-x/allianz-x-leads-funding-round-of-london-based-fintech-opengamma-df8b7097af45 /