5 years ago

Quantile Technologies Secures $51 Million Growth Investment from Spectrum Equity

  • Quantile Technologies, a London-based provider of portfolio optimization services for the financial services industry, has received a $51 million (GBP 38 million) investment from Spectrum Equity

  • The investment will be used to fuel growth, including the development of new services and expansion into new markets

  • Quantile's platform offers advanced compression and risk rebalancing services to banks, hedge funds, and other institutions engaged in OTC derivative transactions, helping them reduce counterparty risk, release capital, and improve returns

  • The company serves a clientele including the G15 top-tier global banks, regional banks, and other large institutional market participants

  • Mike Farrell from Spectrum Equity will join Quantile's Board of Directors.

      • ProblemFinancial Services

      "Financial institutions, like banks and hedge funds, are struggling to manage complex OTC derivative transactions and need a way to reduce counterparty risk and free up capital. This is a big problem because it limits their ability to grow and take on new opportunities."

      Solution

      "Quantile provides a platform that uses an optimization engine to help these institutions manage their derivative transactions more efficiently, reducing counterparty risk and freeing up capital for growth and investment."

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