Moorgate Benchmarks, a London, UK-based index company, closed a Series A funding round, securing an investment from ETFS Capital.
The amount of the deal was not disclosed.
The company intends to use the funds to accelerate growth by building out its full-service offering.
Co-founded by Tobias Sproehnle, CEO and Gareth Parker, Chief Indexing Officer, Moorgate Benchmarks provides solutions that enable index providers and product issuers to create new products for investors by leveraging experts in designing, optimising, managing and calculating indices for clients, streamlining operations through technology; and implementing best practice governance systems to meet benchmark regulation.
FinSMEs
08/10/2019