JPX Takes Minority Stake in Fintech Startup OpenGamma

The Japan Exchange Group (JPX) announced today that it has taken a minority stake in OpenGamma, a fintech startup which provides derivatives risk Analytics Analytics Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision-making. In the trading space, analytics are applied in a predictive manner in an attempt to forecast the price more accurately. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analy Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision-making. In the trading space, analytics are applied in a predictive manner in an attempt to forecast the price more accurately. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analy Read this Term. The JPX investment follows a previous $13.3 million round of institutional investment in October 2016, which included Accel Partners, NEX (formerly ICAP), Euclid Opportunities and ex-SunGard CEO Cristóbal Conde.

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OpenGamma provides an open-source analytics and Risk Management Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term platform for derivatives trading to hedge funds, banks, clearing houses and asset managers. Its services include a tool which enables financial institutions to make margin calculations for the major clearing houses.

Expansion

Today's move positions OpenGamma for expansion as it seeks to provide an objective view of the all-in costs for derivatives users while helping the sell-side to minimise its balance sheet usage and the buy-side with the information needed to make smarter counterparty decisions.

OpenGamma's latest round of funding comes as investments from corporations make up an increasingly significant share of venture capital for fintech startups.

Peter Rippon, CEO of OpenGamma, commented: "JPX has an established tradition of leading the charge to provide efficient and innovative management of risk for Japan's financial and capital markets. This track record makes them ideal partners and catalysts for our mission of enabling derivatives users to make smarter trading and clearing decisions."

"We've followed OpenGamma's transformation from an innovator in the development of open source software into an important risk analytics provider for institutional finance,” added Takeshi Hirano, Executive Officer of JPX.