Deutsche Borse

Primary Portal is a FinTech company that specializes in digitized solutions aimed at connecting banks and institutional investors within the capital markets. By developing a network infrastructure, the company facilitates equity capital markets issuance and promotes the digitization of capital markets. This platform allows all market participants to interact seamlessly, exchange pertinent information, and automate labor-intensive workflows. As a result, clients benefit from enhanced operational efficiency and improved regulatory compliance and accountability.

FundsDLT operates a blockchain-based platform tailored for the investment fund industry, founded in 2016 and based in Luxembourg. The platform enables asset managers, distributors, and asset servicers to streamline fund administration and order-routing tasks by automating various processes in a secure manner. It fosters a cooperative ecosystem where all participants in the investment fund distribution chain can exchange data in real time, significantly reducing costs by eliminating redundant activities. FundsDLT also offers Transfer Agency services for issuing investment funds and order routing services for accessing these funds. By creating a new distribution channel, the platform enhances transparency for end investors and facilitates easier, cost-effective, and faster investment fund distribution. The company is supported by prominent industry players, including Clearstream and Credit Suisse Asset Management.

FundsDLT operates a blockchain-based platform tailored for the investment fund industry, founded in 2016 and based in Luxembourg. The platform enables asset managers, distributors, and asset servicers to streamline fund administration and order-routing tasks by automating various processes in a secure manner. It fosters a cooperative ecosystem where all participants in the investment fund distribution chain can exchange data in real time, significantly reducing costs by eliminating redundant activities. FundsDLT also offers Transfer Agency services for issuing investment funds and order routing services for accessing these funds. By creating a new distribution channel, the platform enhances transparency for end investors and facilitates easier, cost-effective, and faster investment fund distribution. The company is supported by prominent industry players, including Clearstream and Credit Suisse Asset Management.

SimCorp is a Denmark-based provider of investment management software solutions tailored for the global financial industry. The company specializes in delivering an integrated, customizable platform known as SimCorp Dimension, which supports a range of clients including asset management firms, wealth management firms, sovereign wealth funds, pension funds, and insurance companies. SimCorp's software facilitates the investment management process through capabilities such as business consulting, automated workflows, risk and performance analytics, and data reporting. The firm operates across multiple regions, including the Nordic region, Europe, the Middle East, North America, and Asia-Pacific, helping organizations to mitigate risk, reduce costs, and drive growth throughout their value chains.

Caplight is a financial technology platform that facilitates derivative transactions in private equity, allowing institutional investors to buy and sell options and swap contracts related to private company stock. The platform connects institutional trading counterparties with underwriting financial institutions, enabling investors to manage risks, generate income on assets, and achieve greater liquidity through mechanisms similar to public market settlements. Caplight serves a diverse clientele, including hedge funds, venture capital firms, family offices, pensions, endowments, mutual funds, and insurance companies. The platform's innovative approach provides institutional investors with the ability to take both long and short positions in private companies using synthetic and cash-settled derivatives.

Illuminate Financial Management is a venture capital firm established in 2014 and based in London, United Kingdom. The firm specializes in backing innovative companies that address challenges within the financial services sector, particularly in fintech and enterprise software. With a strong foundation of domain expertise and a robust industry network, Illuminate Financial serves as a trusted partner to its portfolio companies, offering guidance and support as they navigate the complexities of early-stage development.

KNEIP Communication is a prominent provider of data management and reporting solutions tailored for the investment and insurance sectors. The company specializes in outsourcing services for fund management, offering comprehensive domestic and cross-border support. KNEIP assists fund management firms by managing data collection, controlling, and follow-up services, as well as ensuring accurate reporting and dissemination of fund data documents to distributors. By integrating all regulatory and market requirements into a single digital platform, KNEIP significantly enhances efficiency, helping clients reduce time, resources, and costs associated with compliance and reporting obligations.

Proxymity Limited is a company that has developed a digital platform for proxy voting and investor communications. Founded in 2017 and based in London, the platform connects issuers, intermediaries, and investors in real-time, enhancing the efficiency and transparency of the voting process for ordinary shares. Proxymity automates the processing of shareholder disclosure requests and responses in compliance with regulatory standards, facilitating the seamless flow of information. By providing a digital proxy voting solution, the platform allows for real-time transmission of meeting data and votes, eliminating the need for manual data entry or paper-based methods. This innovative approach streamlines investor communications and improves overall engagement between companies and their shareholders.

AirCarbon Exchange, based in Singapore, operates a blockchain-based platform designed for trading carbon commodities, including carbon credits generated by various mitigation projects. The exchange facilitates both spot and futures markets, catering to industry stakeholders managing their carbon liabilities. Supported by the Sustainable Energy Association of Singapore and the Digital Exchange Association, AirCarbon tokenizes carbon offsets into three distinct asset classes: the AirCarbon CORSIA Token for offsets compliant with ICAO guidelines, the AirCarbon Forestry Token for offsets from forest management projects, and the AirCarbon Premium Token for high-quality offsets that align with the United Nations Millennium Development Goals. Additionally, AirCarbon manages an investment fund that provides development capital to carbon sequestration initiatives, generating liquidity in the carbon market and enhancing trading volume. The platform aims to streamline trading processes and support the transition to a carbon-constrained economy while contributing to verified projects that reduce atmospheric carbon.

Proxymity Limited is a company that has developed a digital platform for proxy voting and investor communications. Founded in 2017 and based in London, the platform connects issuers, intermediaries, and investors in real-time, enhancing the efficiency and transparency of the voting process for ordinary shares. Proxymity automates the processing of shareholder disclosure requests and responses in compliance with regulatory standards, facilitating the seamless flow of information. By providing a digital proxy voting solution, the platform allows for real-time transmission of meeting data and votes, eliminating the need for manual data entry or paper-based methods. This innovative approach streamlines investor communications and improves overall engagement between companies and their shareholders.

Clarity AI, Inc. is a technology company that specializes in delivering insights on environmental and social impacts to investors and organizations through a sustainability platform. Utilizing machine learning and big data, Clarity AI's software allows for systematic measurement and optimization of the social impact of investment portfolios. The platform analyzes a vast array of data, including information on over 30,000 companies, 135,000 funds, 198 countries, and 187 local governments, thereby providing comprehensive analytics for investment, corporate research, and regulatory reporting. Founded in 2017 and headquartered in Albany, New York, with additional offices in Madrid and London, Clarity AI serves a diverse client base that manages trillions in assets, equipping decision-makers with the necessary tools to understand and enhance their social and environmental impacts.

Crypto Finance AG, founded in 2017 and headquartered in Zug, Switzerland, provides a comprehensive range of services related to blockchain assets through its subsidiaries. The company specializes in asset management, brokerage, and secure storage solutions for digital assets. Its asset management division offers regulated investment vehicles and fund management for investors looking to access crypto assets. The brokerage division facilitates crypto transactions via a sophisticated trading infrastructure, allowing institutional investors to engage in secure, liquid, and transparent trading. This division utilizes a proprietary order management system to access leading crypto exchanges and execute trades efficiently. Additionally, the storage division ensures the secure management of digital keys through both physical and digital safeguards. Crypto Finance AG is regulated by FINMA, highlighting its commitment to compliance and professionalism in the emerging digital asset market.

Forge Global is a private securities marketplace that serves the complex and emerging needs of the private market ecosystem by forging new connections through its technology, data, and expertise. Founded in 2014, the firm empowers investors and shareholders by facilitating liquidity in the private markets. Forge is backed by top Silicon Valley investors and large, global institutions including Deutsche Börse, Temasek, Wells Fargo, BNP Paribas, FT Partners, Draper Associates, Peter Thiel, Munich Re Ventures, and LUN Partners Group.

360X operates a secondary marketplace that enables investment in digital stakes of alternative asset classes, including art and real estate. The platform emphasizes trusted access to high-quality, expert-verified assets, ensuring transparency and reliability for investors. Collaborating with partners and domain experts, 360X has established standards for creating digital stakes in these asset classes, enhancing the accessibility of illiquid investments. The company aims to expand its offerings in the future, providing a broader range of investment opportunities for users seeking to diversify their portfolios.

HQLAᵡ is a financial technology firm that specializes in liquidity and collateral management solutions for institutional clients in the global securities financing markets. Utilizing R3's distributed ledger technology, Corda, the company aims to enhance collateral mobility within a fragmented securities settlement ecosystem. In partnership with Deutsche Börse Group, HQLAᵡ has developed a joint operating model that fosters greater efficiency and transparency in liquidity transfers. The firm provides a standardized marketplace designed to reduce systemic risks while offering regulators a digital collateral receipt tracking view. This innovative approach enables market participants to improve collateral fluidity, ultimately creating a more effective and cost-efficient environment for securities lending and repo transactions.

Institutional Shareholder Services is a provider of corporate governance solutions aimed at asset owners, hedge funds, asset managers, and public issuers. The company offers a range of services, including objective governance research and recommendations, analytics, and advisory support. Its end-to-end proxy voting and distribution system allows clients to manage their proxy voting needs globally. Additionally, ISS provides turnkey solutions for securities class-action claims management and delivers reliable global governance data and modeling tools. Clients rely on ISS to apply their corporate governance views, assess governance risks, and make informed decisions regarding responsible investments.

Clarity AI, Inc. is a technology company that specializes in delivering insights on environmental and social impacts to investors and organizations through a sustainability platform. Utilizing machine learning and big data, Clarity AI's software allows for systematic measurement and optimization of the social impact of investment portfolios. The platform analyzes a vast array of data, including information on over 30,000 companies, 135,000 funds, 198 countries, and 187 local governments, thereby providing comprehensive analytics for investment, corporate research, and regulatory reporting. Founded in 2017 and headquartered in Albany, New York, with additional offices in Madrid and London, Clarity AI serves a diverse client base that manages trillions in assets, equipping decision-makers with the necessary tools to understand and enhance their social and environmental impacts.

CloudMargin Ltd. is a London-based company that offers a cloud-based collateral and margin management platform tailored for financial institutions of all sizes, including banks, brokerage firms, asset managers, and pension funds. Established in 2014 by a team with extensive experience in collateral management and technology, CloudMargin aims to provide a more efficient and accessible alternative to traditional collateral management solutions. The platform operates on a Software-as-a-Service (SaaS) model, enabling users to automate workflows, gain real-time insights into collateral positions, and streamline processes associated with settlement. By helping organizations meet regulatory requirements and reduce costs related to collateral management, CloudMargin supports its clients in navigating the complexities of the financial landscape.

Quantitative Brokers, LLC is an algorithmic agency brokerage specializing in fixed-income products and futures. Founded in 2008 and headquartered in New York, the company also has offices in London and Chennai. As a subsidiary of Deutsche Börse AG since December 2020, Quantitative Brokers offers advanced algorithms and data-driven analytics to clients in the Futures and US Cash Treasury markets. The firm focuses on developing a comprehensive suite of products aimed at reducing implicit trading costs, thereby enhancing clients' trading efficiency. By providing automated execution and a streamlined execution flow, Quantitative Brokers helps clients lower their total trading costs and improve their overall productivity.

Clearstream is a prominent financial institution based in Luxembourg, specializing in post-trade infrastructure and securities services. Founded in 1970, it operates as an international central securities depository (ICSD), serving a diverse client base of 2,500 customers across 110 countries. The firm plays a critical role in the securities services industry, providing solutions for both the Eurobond market and various domestic markets worldwide. Clearstream facilitates the efficient delivery of cash and securities between trading parties, ensuring the safekeeping of assets and enhancing investment fund solutions. With a strong reputation reflected in its high credit ratings, Clearstream supports the international market by offering comprehensive services that help clients effectively manage their securities.

Digital Asset is a New York-based company that specializes in distributed ledger technology aimed at enhancing financial processes. Founded in 2014 by Don Wilson, Eric Saraniecki, Sunil Hirani, and Yuval Rooz, the company provides a platform known as Daml, which allows organizations to create multi-party solutions that integrate previously isolated systems into cohesive networks. This technology eliminates latency and reduces errors by ensuring consistent data across various stakeholders. Digital Asset primarily serves sectors such as financial services, healthcare, and insurance, and has collaborated with five of the top ten stock exchanges. The company is supported by a range of strategic investors, including prominent firms like Salesforce, Samsung, and J.P. Morgan, positioning it as a leader in the development of tools for secure and efficient asset tracking and settlement.

Axioma, Inc., founded in 1998 and based in New York, develops and markets portfolio optimization solutions tailored for portfolio managers to implement their investment strategies. The company offers tools such as Axioma Portfolio Optimizer, Performance Attribution, Backtester, Portfolio Analytics, and Risk management systems. These solutions support various investment approaches and provide insights into portfolio performance, risk modeling, and regulatory reporting. Axioma serves a global clientele including asset managers, hedge funds, insurance companies, pension funds, wealth managers, and investment banks, with clients managing over $10 trillion in assets. The company operates as a subsidiary of Qontigo GmbH.

Trumid Financial LLC is a financial technology company based in New York that specializes in electronic trading solutions for the credit market. Founded in 2014, Trumid operates the Trumid Market Center, an electronic trading network specifically designed for corporate bonds, and offers Trumid Bond Stream, a tool that provides TRACE pricing data. The company focuses on enhancing the credit trading experience by integrating advanced technology with market expertise, facilitating direct access to liquidity and valuable market intelligence for professionals in the corporate bond sector. Additionally, Trumid Labs leverages data science to manage its network and provide bond price lookup services, enabling participants to make informed trading decisions. Trumid operates as a subsidiary of Trumid Holdings LLC.

HQLAᵡ is a financial technology firm that specializes in liquidity and collateral management solutions for institutional clients in the global securities financing markets. Utilizing R3's distributed ledger technology, Corda, the company aims to enhance collateral mobility within a fragmented securities settlement ecosystem. In partnership with Deutsche Börse Group, HQLAᵡ has developed a joint operating model that fosters greater efficiency and transparency in liquidity transfers. The firm provides a standardized marketplace designed to reduce systemic risks while offering regulators a digital collateral receipt tracking view. This innovative approach enables market participants to improve collateral fluidity, ultimately creating a more effective and cost-efficient environment for securities lending and repo transactions.

GTX ECN is an institutional platform for trading foreign exchange.

Trifacta offers a data engineering cloud platform focused on enhancing the efficiency of data wrangling and ensuring data quality. The platform allows users to connect seamlessly to various data sources, enabling them to evaluate, correct, and validate the quality of their data. With an AI-assisted and collaborative approach, Trifacta facilitates accelerated data transformation and the automation of data pipelines, making data consumable at any scale. The company serves tens of thousands of users across more than 10,000 organizations, including prominent names such as Deutsche Boerse, Google, and PepsiCo, helping them unlock the full potential of their data through its innovative solutions.

Trumid Financial LLC is a financial technology company based in New York that specializes in electronic trading solutions for the credit market. Founded in 2014, Trumid operates the Trumid Market Center, an electronic trading network specifically designed for corporate bonds, and offers Trumid Bond Stream, a tool that provides TRACE pricing data. The company focuses on enhancing the credit trading experience by integrating advanced technology with market expertise, facilitating direct access to liquidity and valuable market intelligence for professionals in the corporate bond sector. Additionally, Trumid Labs leverages data science to manage its network and provide bond price lookup services, enabling participants to make informed trading decisions. Trumid operates as a subsidiary of Trumid Holdings LLC.

LIQID Investments GmbH, founded in 2015 and based in Berlin, Germany, operates a digital wealth management platform that offers tailored investment portfolios and strategies. The company specializes in providing access to various asset classes, including private equity, real estate, and venture capital funds. By integrating investment expertise with technology, LIQID Investments delivers customized solutions that cater to the specific cost and investment needs of its clients, thus facilitating a more accessible and personalized wealth management experience.

figo GmbH, based in Hamburg, Germany, is a provider of a software as a service platform that aggregates financial data from over 3,100 banks and financial institutions. Founded in 2012, figo is recognized as Europe’s first Banking Service Provider and is fully compliant with PSD2 regulations. The company offers a sophisticated Banking as a Service platform that connects modern services to more than 55 million online banking accounts in Germany and Austria, targeting the broader Single Euro Payments Area (SEPA). figo's platform simplifies the integration of financial services by providing access to financing sources, notification services, security, and customer management, thereby facilitating innovative banking solutions. By establishing a new connectivity standard for financial data, figo enhances usability and creates valuable interactions between consumers and financial partners, including startups and banks. As of March 2020, figo operates as a subsidiary of FinReach GmbH.

Digital Asset is a New York-based company that specializes in distributed ledger technology aimed at enhancing financial processes. Founded in 2014 by Don Wilson, Eric Saraniecki, Sunil Hirani, and Yuval Rooz, the company provides a platform known as Daml, which allows organizations to create multi-party solutions that integrate previously isolated systems into cohesive networks. This technology eliminates latency and reduces errors by ensuring consistent data across various stakeholders. Digital Asset primarily serves sectors such as financial services, healthcare, and insurance, and has collaborated with five of the top ten stock exchanges. The company is supported by a range of strategic investors, including prominent firms like Salesforce, Samsung, and J.P. Morgan, positioning it as a leader in the development of tools for secure and efficient asset tracking and settlement.

360T is a globally established provider of web-based trading technology for Over-The-Counter (OTC) instruments, integration solutions, and related services. The company operates an autonomous, proprietary technology that allows for rapid product development cycles, enabling timely responses to client needs and market changes. As a market maker independent entity, 360T maintains a strong commitment to client relationships and actively engages in dialogue with various market participants, technology vendors, and consultants. This approach ensures that 360T can effectively refine its offerings and adapt to evolving trends in the FX trading industry.

Zimory GmbH specializes in carrier-grade cloud infrastructure management software tailored for cloud service providers, enterprises, and cloud brokers. Founded in 2007 and headquartered in Berlin, the company offers an intelligent Cloud Suite that simplifies, automates, and accelerates the creation, launch, and management of various cloud environments, including public, private, virtual private, and hybrid setups. Zimory's software enables the development of cloud marketplaces for enterprise services, applications, and infrastructure, allowing users to effectively leverage cloud computing's power and flexibility. Additionally, the company provides consulting, technical support services, and cloud management installations, serving global telecommunications carriers and government entities. Zimory has development centers in Erfurt, Germany, and Minsk, Belarus, as well as a subsidiary office in New York City. As of September 2016, Zimory GmbH is in liquidation.

Digital Vega is an independent company that operates the Medusa FX Options trading platform, specializing in over-the-counter (OTC) foreign exchange options. The platform is designed to cater to clients' needs by allowing them to select prices and expiration dates that align with their hedging or profit strategies. Digital Vega provides an array of connectivity options, order staging and management tools, along with a buy-side FIX trading API and implied volatility API. This comprehensive offering enables clients to access indicative pricing, aggregated executable liquidity, and detailed post-trade analytics. As the financial landscape shifts towards electronic trading, driven by regulatory changes and client demands, Digital Vega aims to remain at the forefront of these developments by expanding its product offerings and supporting new asset classes, thereby enhancing its position as a leader in the OTC FX Options marketplace.