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CloudMargin Raises $15 Million in Series B Funding Round with Citi, Deutsche Bank and Deutsche Börse as Primary Investors

Sep 22, 2020almost 5 years ago

Amount Raised

$15 Million

Round Type

series b

London

Description

 CloudMargin, creator of the world's first and only collateral and margin management solution native to the cloud, today announced that it has closed on its largest funding round to date, bringing in $15 million in a Series B capital raise. Primary investors were Deutsche Börse, one of the largest exchange organisations worldwide, along with Tier-1 global investment banks and current CloudMargin clients Deutsche Bank and Citi.

Company Information

Company

Cloud Margin

Location

London, Ontario, Canada

About

Headquartered in London, CloudMargin created the world's first cloud-based collateral management workflow tool, which has earned 20 industry awards and honours since 2015 for innovation and best-in-class technology. The firm's Software-as-a-Service (SaaS) model is helping many of the leading sell-side and buy-side financial institutions globally – including brokerage firms, banks, asset management firms, pension funds and insurance companies – as well as outsourcers and other technology firms meet time-critical regulatory deadlines and reduce costs associated with collateral requirements that are growing dramatically. CloudMargin bypasses many of the shortfalls of legacy, on-premise software, enabling clients to experience rapid implementation and access to robust and secure collateral management workflow software. With more than 20 integration partnerships, CloudMargin was the first collateral management solution provider to be a member of the SWIFT network, facilitating straight-through processing through settlement. For more information, visit www.cloudmargin.com.

FundzWatch™ Score

72
Medium Activity

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