5 years ago
CloudMargin Secures $15 Million in Series B Funding Led by Deutsche Börse
CloudMargin, a London-based provider of a cloud-based collateral management workflow tool for financial institutions, has raised $15 million in a Series B funding round
The round was led by Deutsche Börse, with participation from Tier-1 global investment banks and existing clients Deutsche Bank and Citi
CloudMargin will use the funds to further innovate its platform and expand its sales and client service capabilities in the U.S
and Asia.
ProblemFinancial Services
"Meeting time-critical regulatory deadlines and reducing costs associated with collateral requirements for sell-side and buy-side financial institutions globally"
Solution
"Cloud-based collateral management workflow tool for seamless processing and cost reduction"