Opensee, a platform that helps business users at financial institutions analyse granular data in real-time, has scored €11m in a Series A.
The round was led by Omnes Capital and also saw participation from Societe Generale Ventures and Laurion Capital.
According to Opensee, recent regulatory changes have multiplied the underlying data requirements for financial institutions by 10-fold or more.
Founded in 2015, Opensee is a company that provides financial institutions with real-time big-data analytics solutions. The firm’s mission is to empower business users to autonomously exploit data at unprecedented scale and granularity as well as tackle critical, large data-intensive use cases.
Opensee helps financial institutions improve their business requirements, such as risk monitoring, trade execution quality management, and helps them respond more effectively to regulatory reporting while achieving cost and operational efficiencies. The business alsos helps transform your big data challenges into competitive advantages by bringing advanced analytics.
The company is headquartered in Paris and has offices in London, New York, and Singapore. It works with a trusted client base across global Tier 1 banks, hedge funds, asset managers and trading platforms.
According to Opensee, it plans to expand to North America and South East Asia with its new capital and boost its 70-strong team.
Opensee CEO Stephane Rio said, “Our goal is to enable more financial institutions to leverage the valuable business and risk intelligence hidden within their data.”
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