Actual-time financial intelligence supplier QuantCube Know-how in the present day introduced that it has secured funding led by Strategic Growth Fund (SDF), the funding arm of UAE’s Tawazun Council, along with earlier backers Moody’s and 5 Capital, and different personal buyers.
Headquartered in Paris, QuantCube will construct on its current presence by establishing new places of work in Abu Dhabi centered on analysis and growth, in addition to places of work in Tokyo and New York devoted to gross sales and operations.
Ghizlaine Amrani, COO and Co-Founder, QuantCube Know-how, stated: “Elevated deal with geopolitical and macroeconomic points means the flexibility to derive insights from real-time knowledge throughout markets and at scale has by no means been extra important. With our newly secured funding, we look ahead to increasing our choices into new areas and delivering market-leading financial intelligence to new prospects. We wish to thank our current stakeholders for his or her continued help in addition to our new companions for this actually transformational funding.”
Abdulla Naser Al Jaabari, Managing Director and CEO of SDF stated: “SDF appears at investing in corporations inside particular sectors which have technological options that present an edge to their prospects. With regards to macroeconomic nowcasting, QuantCube Know-how’s capabilities are unmatched and customers of QuantCube knowledge profit from extremely correct real-time insights. As one in every of QuantCube’s newest strategic buyers, SDF will likely be working intently to help the continued progress of QuantCube with extra functions constructing on QuantCube’s functionality and platform in new industries and use circumstances all through the UAE and globally.”
QuantCube’s Macroeconomic Intelligence Platform delivers macro nowcasting indices on variables together with financial progress, inflation, employment and worldwide commerce for the G20 and rising economies—offering important perception on market turning factors throughout asset lessons from equities to mounted earnings, commodities and international alternate.