9 years ago

OpenGamma Secures $13.3 Million to Expand Derivatives Risk Analytics

  • OpenGamma, a London-based provider of derivatives risk analytics, has raised $13.3 million in funding led by Accel and ICAP's Euclid Opportunities, with participation from Cristóbal Conde

  • The company plans to use the funds to expand adoption across financial institutions

  • OpenGamma provides risk analytics for the derivatives markets, including a derivatives analytics library and cloud-based analytics suite

      • ProblemFinancial Services

      "Financial institutions need to manage and analyze the risks associated with derivatives, but existing solutions are often expensive, complex, and inflexible."

      Solution

      "OpenGamma offers a cloud-based risk analytics platform that provides financial institutions with a flexible and cost-effective way to manage derivatives risk. OpenGamma's platform is built on an open-source library and allows clients to control their own development."

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