This Week: JP Morgan/Limeglass, Trumid/Citi, Numerix, ExpandAlpha

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

Limeglass Gets Funding from JP Morgan

JP Morgan has made an undisclosed investment in Limeglass. The London-based vendor specializes in financial research technology, using a blend of natural language processing and machine learning, combined with a proprietary cross-asset and macro taxonomy to tag each paragraph in the report in context. Limeglass is a graduate of JP Morgan’s In-Residence program, an incubator for startups to develop production-ready solutions.

LISTEN: JP Morgan’s Oliver

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A tech revolution in an old-school industry: FX

FX is in a state of transition, as asset managers and financial firms explore modernizing their operating processes. But manual processes persist. MillTechFX’s Eric Huttman makes the case for doubling down on new technology and embracing automation to increase operational efficiency in FX.

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