Great to see Capital Markets momentum to reman strong in London! The startup provides software-as-a-service products for derivative risk analytics in the face of growing regulations, particularly in the States. It has built up its own open source library for standardized derivatives analytics. Its three mains services for clients are open source libraries, custom solutions, and risk products.
OpenGamma, a London-based financial software and derivatives risk analytics provider, has raised $13.3 million from Accel and ICAP with participation from former SunGard CEO Cristóbal Conde. The startup provides software-as-a-service products for derivative risk analytics in the face of growing regulations, particularly in the States. It has built up its own open source library for standardized derivatives analytics. Its three mains services for clients are open source libraries, custom solutions, and risk products. “We’ve demonstrated that we are an innovative and effective developer of technology solutions for the financial community,” said Peter Rippon, the former COO and now CEO of OpenGamma. “This investment now lets us build from these solid foundations to become a world-class partner and provider of benchmark industry solutions.”
