01 July 2015

Icap launches fintech incubation vehicle

09 March 2011  |  7613 views  |  0 20 pound note

Interdealer broker Icap has launched a vehicle to provide seed funding to new companies developing technology for post-trade risk management, data and other financial market applications.

As well as money, Euclid Opportunities provides an "acceleration program" offering tailored support and guidance through a network of advisors, domain experts, mentors and market practitioners.

With regulatory reform driving demand for new approaches, the service will help Icap stay at the cutting edge of post-trade technology, says the firm's portfolio risk services CEO Mark Beeston.

Steve Gibson, MD, Euclid Opportunities, adds: "Euclid will bridge the gap between underfunded technology innovators and the needs of stakeholders in today's financial markets. We believe the creativity, talent and ambition that exists in many start-up enterprises can be nurtured and supported to provide a number of groundbreaking financial technology success stories."

Comments: (0)

Comment on this story (membership required)
Log in to receive notifications when someone posts a comment

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board, sign up now.

Related blogs

Create a blog about this story (membership required)

Related stories

31 August, 2010
21 December, 2009

Related company news

 

Top topics

Most viewed Most shared
Global fintech investment triples - Accent...
8862 views comments | 46 tweets | 25 linkedin
Barclays takes on Apple with wearable paym...
7538 views comments | 38 tweets | 27 linkedin
Wells Fargo to usher in voice and facial b...
6008 views comments | 20 tweets | 25 linkedin
E-commerce goes mobile
5087 views comments | 23 tweets | 20 linkedin
European ACHs form Sepa joint venture
5031 views comments | 22 tweets | 13 linkedin

Featured job

to 80K base, 160K OTE
London, UK

Find your next job