This week: Genesis, SmartStream, MarketAxess, Allianz GI, and more

A summary of some of the past week’s financial technology news.

news updates

Genesis raises $45 million Series B

Low-code application platform provider Genesis has raised a $45 million Series B round led by Accel. GV, and Salesforce Ventures. Existing investors Citi, Illuminate Financial, and Tribeca Early Stage Partners also participated in the funding round.

Genesis will use the investment to grow the sales, marketing, and engineering teams. It will also help the firm expand into international markets like Asia-Pacific and further build its platform’s low-code/no

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Waters Wrap: GenAI and rising tides

As banks, asset managers, and vendors ratchet up generative AI experiments and rollouts, Anthony explains why collaboration between business and tech teams is crucial.

Northern Trust building internal cloud data ‘marketplace’

Using a mix of in-house expertise and third-party technologies, the firm has constructed a cloud-based data mesh that gives internal staff access to proprietary datasets and analytical tools to deliver greater insights into client activity.

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