Deutsche Borse

Primary Portal is a FinTech company focused on enhancing the equity capital markets by providing digitized solutions that connect banks and institutional investors. The company has developed a network infrastructure that facilitates interaction among all market participants, enabling them to share relevant information and automate labor-intensive workflows. This approach aims to accelerate the digitization of capital markets, improve operational efficiency, and strengthen regulatory compliance and accountability for its clients. By fostering an open network, Primary Portal seeks to streamline processes within the capital markets, thus benefiting both financial institutions and investors.

FundsDLT is a Luxembourg-based company founded in 2016 that develops a blockchain-based platform tailored for the investment fund industry. The platform facilitates a cooperative ecosystem among asset managers, distributors, and asset servicers, enabling real-time data exchange and the automation of various fund administration and order-routing tasks. By leveraging blockchain technology, FundsDLT aims to streamline operations, reduce costs, and enhance transparency within the investment fund distribution chain. The company offers Transfer Agency services for issuing investment funds and provides order routing services, making the distribution process more efficient, cost-effective, and timely. Since its launch in 2020, FundsDLT has garnered support from prominent industry players, positioning itself as a transformative force in wealth and asset management.

FundsDLT is a Luxembourg-based company founded in 2016 that develops a blockchain-based platform tailored for the investment fund industry. The platform facilitates a cooperative ecosystem among asset managers, distributors, and asset servicers, enabling real-time data exchange and the automation of various fund administration and order-routing tasks. By leveraging blockchain technology, FundsDLT aims to streamline operations, reduce costs, and enhance transparency within the investment fund distribution chain. The company offers Transfer Agency services for issuing investment funds and provides order routing services, making the distribution process more efficient, cost-effective, and timely. Since its launch in 2020, FundsDLT has garnered support from prominent industry players, positioning itself as a transformative force in wealth and 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 company that provides a platform for institutional investors to engage in derivative transactions involving private equity. The platform facilitates the buying and selling of call and put options, as well as security-based swap contracts, allowing investors to take both long and short positions in private company stock. By offering public settlement-like mechanics, Caplight enables institutional investors to hedge their positions, generate income from assets, and achieve a level of liquidity that was previously unavailable in private markets. The company caters to a diverse clientele, including hedge funds, venture capital firms, family offices, pensions, endowments, mutual funds, and insurance companies, connecting them with trading counterparties and underwriting financial institutions.

Illuminate Financial Management, established in 2014, is a London-based venture capital firm specializing in early-stage investments in the Fintech sector. It focuses on areas such as compliance, regulation, and connectivity within financial institutions, primarily in the United Kingdom, Europe, and the United States. The firm typically invests between $0.25 million to $3 million, aiming for a 5% to 20% stake in its portfolio companies. Illuminate Financial Management provides deep domain expertise and industry network, acting as a trusted partner to guide its investments through their early stages.

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 technology company based in London, United Kingdom, that specializes in developing a digital platform for proxy voting and investor communications. Founded in 2017, Proxymity's platform connects issuers, intermediaries, and investors in real-time, streamlining the proxy voting process and enhancing the flow of information among parties. By automating shareholder disclosure requests and responses in regulatory-compliant formats, Proxymity improves the efficiency, accuracy, and transparency of investor communications. Its digital solution facilitates the real-time exchange of meeting data, votes, and other critical information, eliminating the need for manual data entry and paper-based processes.

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 technology company based in London, United Kingdom, that specializes in developing a digital platform for proxy voting and investor communications. Founded in 2017, Proxymity's platform connects issuers, intermediaries, and investors in real-time, streamlining the proxy voting process and enhancing the flow of information among parties. By automating shareholder disclosure requests and responses in regulatory-compliant formats, Proxymity improves the efficiency, accuracy, and transparency of investor communications. Its digital solution facilitates the real-time exchange of meeting data, votes, and other critical information, eliminating the need for manual data entry and paper-based processes.

Clarity AI, Inc. is a technology company that specializes in sustainability solutions through its platform that leverages machine learning and big data to provide insights into environmental and social impacts. Established in 2017 and headquartered in Albany, New York, with additional offices in Madrid and London, Clarity AI's software-as-a-service (SaaS) offering enables systematic measurement and optimization of the social impact of investment portfolios. The platform analyzes data from over 30,000 companies, 135,000 funds, 198 countries, and 187 local governments, making it a vital resource for investors and organizations seeking to enhance their understanding of societal needs and the effectiveness of capital allocation. Clarity AI supports decision-makers by delivering comprehensive analytics for sustainability assessment, corporate research, benchmarking, and regulatory reporting, thereby facilitating improved investment strategies that consider social and environmental factors.

Crypto Finance AG, established in 2017 and headquartered in Zug, Switzerland, specializes in providing comprehensive services for institutional investors seeking exposure to the crypto asset class. The company, through its subsidiaries, offers asset management, brokerage, and storage services. Its asset management division provides regulated passive investment vehicles, while the brokerage division facilitates secure, liquid, and transparent trading through a proprietary algorithmic order management system, granting access to leading crypto exchanges. The storage division ensures physically and digitally secure storage services for crypto keys. Crypto Finance AG is FINMA-regulated, ensuring a robust and compliant environment for its clients.

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 is a secondary marketplace dedicated to facilitating investments in alternative asset classes, including art and real estate. The company focuses on providing trusted access to high-quality, expert-verified digital stakes. Collaborating with partners and domain experts, 360X Art AG and tectrex, it has established a standardized approach for creating digital stakes in these asset categories. The platform aims to broaden its offerings by making additional asset classes accessible in the future, catering to the needs of investors seeking opportunities in illiquid assets. Through its innovative trading platform, 360X seeks to create new ecosystems that enhance investment opportunities for a diverse range of assets.

HQLAᵡ is a financial technology innovation firm specializing in liquidity and collateral management solutions for institutional clients in the global securities financing markets. Utilizing R3's Corda distributed ledger technology, HQLAᵡ aims to enhance the efficiency and transparency of collateral mobility within a fragmented securities settlement ecosystem. The firm has established a strategic partnership with Deutsche Börse Group to develop a joint operating model that improves liquidity management for market participants. HQLAᵡ provides a standardized marketplace that enables better tracking of digital collateral receipts, reduces systemic risks, and facilitates more fluid collateral transfers, thereby creating a more cost-effective and transparent environment for liquidity transactions in the securities lending and repo markets.

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 sustainability solutions through its platform that leverages machine learning and big data to provide insights into environmental and social impacts. Established in 2017 and headquartered in Albany, New York, with additional offices in Madrid and London, Clarity AI's software-as-a-service (SaaS) offering enables systematic measurement and optimization of the social impact of investment portfolios. The platform analyzes data from over 30,000 companies, 135,000 funds, 198 countries, and 187 local governments, making it a vital resource for investors and organizations seeking to enhance their understanding of societal needs and the effectiveness of capital allocation. Clarity AI supports decision-makers by delivering comprehensive analytics for sustainability assessment, corporate research, benchmarking, and regulatory reporting, thereby facilitating improved investment strategies that consider social and environmental factors.

CloudMargin Ltd. is a London-based company that specializes in a cloud-based collateral and margin management platform tailored for financial institutions of all sizes. Founded in 2014 by a team with extensive experience in collateral management and capital markets, CloudMargin aims to enhance efficiency and reduce costs for its clients, which include banks, asset management firms, brokerage firms, and insurance companies. The platform operates on a Software-as-a-Service (SaaS) model, providing real-time reports on collateral positions and automating workflows to facilitate streamlined processing and settlement. By addressing the inefficiencies and high costs associated with traditional collateral management solutions, CloudMargin seeks to make effective collateral management accessible to all market participants while ensuring compliance with regulatory requirements.

Quantitative Brokers, LLC is an algorithmic agency brokerage specializing in fixed-income products and futures. Founded in 2008 and headquartered in New York City, the company operates as a subsidiary of Deutsche Börse AG. It provides advanced algorithms and data-driven analytics to clients in the futures and US Cash Treasury markets, continually innovating its product offerings to help reduce implicit trading costs. With additional offices in London and Chennai, Quantitative Brokers designs and develops a suite of algorithms that facilitate automated execution and streamline the trading process, ultimately enhancing client productivity and cost efficiency.

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 innovation firm specializing in liquidity and collateral management solutions for institutional clients in the global securities financing markets. Utilizing R3's Corda distributed ledger technology, HQLAᵡ aims to enhance the efficiency and transparency of collateral mobility within a fragmented securities settlement ecosystem. The firm has established a strategic partnership with Deutsche Börse Group to develop a joint operating model that improves liquidity management for market participants. HQLAᵡ provides a standardized marketplace that enables better tracking of digital collateral receipts, reduces systemic risks, and facilitates more fluid collateral transfers, thereby creating a more cost-effective and transparent environment for liquidity transactions in the securities lending and repo markets.

GTX ECN is an institutional platform for trading foreign exchange.

Trifacta is a developer of an intelligent, collaborative data engineering cloud platform that enhances the efficiency of data wrangling while ensuring data quality. The platform allows users to connect to any data from various sources, facilitating a self-service approach to data management. Trifacta enables users to evaluate, correct, and validate data quality, thereby accelerating data transformation and automating robust data pipelines. With its open cloud platform, Trifacta empowers organizations to make informed decisions by unlocking the potential of their data. The company serves tens of thousands of users across more than 10,000 organizations globally, including prominent brands such as Deutsche Boerse, Google, Kaiser Permanente, New York Life, and PepsiCo.

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 is a Berlin-based company founded in 2015 that specializes in digital wealth management. The firm offers a platform that delivers access to individually tailored investment portfolios, strategies, and asset classes. By integrating investment expertise with technology, LIQID provides customized wealth management solutions that cater to the specific cost and investment requirements of its clients. Its services include access to private equity, real estate, and venture capital funds, making it a comprehensive provider of investment solutions for a diverse clientele.

figo GmbH, established in 2012 and headquartered in Hamburg, Germany, specializes in a Banking-as-a-Service platform. It aggregates financial data from over 3,100 banks and financial institutions, enabling innovative services and connecting modern applications with millions of online banking accounts in Germany and Austria. figo's platform simplifies banking implementation, reduces complexity, and creates new touchpoints between consumers and their financial partners, supporting a wide range of banking solutions in a legally compliant manner. As a subsidiary of FinReach GmbH since 2020, figo operates as Europe's first "Banking Service Provider" and is PSD2 ready.

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, established in 2007, specializes in providing carrier-grade cloud infrastructure management software. Headquartered in Berlin with development centers in Erfurt, Germany, and Minsk, Belarus, the company simplifies and automates the creation, launch, and management of diverse cloud environments for service providers, enterprises, and cloud brokers. Zimory's software enables efficient resource allocation, facilitates cloud marketplaces, and handles settlement processes between buyers and sellers. It also offers consulting services and supports global telecommunications carriers and governments. As of September 2016, the company was in liquidation.

Digital Vega is a privately held company that operates the innovative Medusa FX Options trading platform, specializing in over-the-counter (OTC) FX options. The platform is designed to offer clients customizable pricing and expiration dates tailored to their hedging and profit needs. Digital Vega focuses on providing exceptional liquidity and a client-driven experience, establishing itself as a leader in the OTC FX options market. As the financial landscape increasingly shifts towards electronic trading, influenced by regulatory changes and client preferences, Digital Vega is poised to lead these advancements. The platform features a variety of connectivity options, order management capabilities, and APIs for trading and analytics, ensuring clients have access to indicative pricing, aggregated executable liquidity, and comprehensive post-trade analysis. Digital Vega continues to expand its offerings by supporting new asset classes and introducing market innovations to enhance its award-winning platform.