Quantile Technologies Secures $ 51 Million Growth Investment from Spectrum Equity

Quantile Technologies Secures $ 51 Million Growth Investment from Spectrum Equity

LONDON, Jan. 14, 2021 / PRNewswire / – Quantile Technologies (Quantile), a leading provider of portfolio optimization services to the global financial services market, today announced that it has received a minority investment of $ 51 million. dollars (£ 38million) from Spectrum Equity, a leading private equity firm focused on internet software and information services companies. This investment will accelerate Quantile’s next phase of growth as it develops new services and expands into new markets to better serve its customers. Spectrum is the first institutional investor to support Quantile’s experienced founding team.

Quantile

At the heart of Quantile’s platform is a powerful optimization engine providing advanced risk compression and rebalancing services to banks, hedge funds and other financial institutions engaged in OTC derivative transactions. With Quantile’s services, clients can reduce counterparty risk and gross notional, free up capital and improve …

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