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Today: July 27, 2024
February 29, 2024
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Wematch.live hits high with US$300 billion ongoing notional volume


TLDR:

  • Wematch.live has surpassed US$300 billion ongoing notional volume on its platform
  • Company launched in 2017 to transform outdated systems with cloud computing, API integration, data analytics, and machine learning

Fintech vendor Wematch.live has achieved a significant milestone by surpassing US$300 billion ongoing notional volume on its platform. Launched in 2017, the company aimed to revolutionize traditional systems by utilizing cloud computing, API integration, data analytics, and machine learning in their suite of solutions. Co-founder and chief risk officer, David Raccat, highlighted the achievement as a demonstration of their clients’ trust in the platform’s ability to redefine securities financing for the digital age. The company’s mission to connect global participants and drive progress through advanced technology has been well-received by the industry.

The 6th Securities Finance Technology Symposium in London was also a success, featuring panel sessions on key topics such as repo, regulation, collateral, and future tech. The event showcased valuable insights and discussions that are crucial for the securities finance industry’s development and evolution.


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