J.P. Morgan has announced that it has added Mosaic Smart Data to its strategic investments portfolio, taking a minority stake in the company.
Mosaic uses state-of-the-art technology to address the challenges faced by financial institutions trading in FICC markets, including change management, productivity, efficiency, restructuring and the growing automation of trading processes. It’s platform provides a visualisation of market activity in real-time.
The company, which already has J.P. Morgan as a client, will use the new investment to continue expanding the range of asset classes its platform supports.
Warren Rabin, head of macro sales in America at J.P. Morgan said: “We are investing in our salesforce, and technology is part of that investment. These investments in people and technology reinforce our commitment to putting clients first in every aspect of our business.”
Matthew Hodgson, founder and CEO of Mosaic Smart Data, added: “J.P. Morgan's investment is testament that our technology has been built specifically for the challenges of capital markets. We look forward to using the investment to further empower our clients to gain insights across asset classes.”
Latest News
-
Bank of England trials AI to detect fraud in real-time payments
-
FCA leads global week of action against rogue finfluencers
-
UK financial watchdog to lift ban on crypto ETNs
-
Lloyds executive departs days after launching premier banking service
-
Visa hails EU Digital Identity Wallet as ‘gamechanger’ for payments and banking
-
Unicredit invests €10m in lending platform Banxware
Banking's GenAI evolution: Beyond the hype, building the future
In the first episode of a four-part video podcast series sponsored by HCLTech, Sudip Lahiri, Executive Vice President & Head of Financial Services for Europe & UKI at HCLTech explores how financial institutions can navigate the transformative potential of Generative AI while building lasting foundations for innovation.
Beyond compliance: Transforming document management into a strategic advantage for financial institutions
In this exclusive fireside chat, John Rockliffe, Pre-Sales Manager at d.velop, discusses the findings of Adapting to a Digital-Native World: Financial Services Document Management Beyond 2025 and explores how FSIs can turn document workflows into a competitive advantage.
Sanctions evasion in an era of conflict: Optimising KYC and monitoring to tackle crime
The ongoing war in Ukraine and resulting sanctions on Russia, and the continuing geopolitical tensions have resulted in an unprecedented increase in parties added to sanctions lists.
Achieving operational resilience in the financial sector: Navigating DORA with confidence
Operational resilience has become crucial for financial institutions navigating today's digital landscape riddled with cyber risks and challenges. The EU's Digital Operational Resilience Act (DORA) provides a harmonised framework to address these complexities, but there are key factors that financial institutions must ensure they consider.
© 2019 Perspective Publishing Privacy & Cookies
Recent Stories