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
-
Growth plans could lead to more financial failures, FCA admits
-
Trump names Travis Hill as acting chair of US banking watchdog amid deregulation push
-
Acquired.com taps Stripe for COO
-
TransUnion acquires majority stake in Trans Union de Mexico for $560m
-
Tuscan Capital rebrands to Allica Bank following acquisition
-
Bank of England delays Basel banking reforms until 2027 amid US uncertainty
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.
Legacy isn’t the enemy: what FSIs can do to keep their systems up and running
In this webinar we will examine some of the steps FSIs have already taken to rigorously monitor and test systems – both manually and with AI-powered automation – while satisfying the concerns of regulators and customers.
Optimising digital banking: Unifying communications for seamless CX
In the digital age, financial institutions risk falling behind their rivals if they fail to unite fragmented communications ecosystems to deliver seamless, personalised customer experiences.
This FStech webinar sponsored by Precisely explores vital strategies to optimise cross-channel messaging through omnichannel orchestration and real-time customer data access.
This FStech webinar sponsored by Precisely explores vital strategies to optimise cross-channel messaging through omnichannel orchestration and real-time customer data access.
© 2019 Perspective Publishing Privacy & Cookies
Recent Stories