• Skip to main content
  • Skip to secondary menu
  • Skip to footer

Venture Capital Matters

#VentureCapital: VC meets social media

  • Pitch a Startup
  • Market Reports
  • Technologies
    • Technology Events
  • Domain Names for Startups
  • About
  • Contact

T-REX Closes Strategic Funding Round from Citi, Westly, and Viola Fintech: Funds to Scale Digital Transformation Across Alternative Financial Markets

September 5, 2019 By 3v.org Leave a Comment

T-REX, the leading analytics and data solution for complex investments, today announced a new funding round led by Citi (NYSE:C), the Westly Group, and Viola Fintech, with participation from innogy (ETR:IGY) and Macquarie Capital. T-REX fills a critical technology gap for this $30 trillion market by digitizing and standardizing data and unifying workflow. The new funding will accelerate expansion of T-REX’s enterprise data management service and analytics platform for institutional investors, banks, and asset originators across alternative markets.

Built to empower responsible finance, T-REX redefines how markets approach complex investments. The T-REX solutions bring unprecedented transparency across the lifecycle of alternative assets, opening up access to these markets, while simultaneously enhancing fiduciary responsibility. The strategic growth capital enables T-REX to address growing demand for turnkey solutions from lending and structuring to investment decision-making and ongoing surveillance.

T-REX CEO Benjamin Cohen said, “T-REX deepens understanding of valuation and risk across complex investments, benefitting our clients, industry sectors, and financial markets at large.” Cohen continued, “We are delighted to be backed by the most influential players in structured and project finance, Citi and Macquarie Capital respectively, and are now positioned to drive capital markets innovation globally.”

Citi is backing T-REX through its Spread Products Investment Technologies (SPRINT) initiative, within the Citi Markets FinTech Investments program. “T-REX is a unique fixed income capital markets solution that tracks the complete lifecycle of illiquid and alternative assets,” said Matt Zhang, Head of SPRINT at Citi. “This makes it both a strategic investment and a valuable tool for our business.”

“T-REX’s impact-driven technology is a natural fit in our portfolio,” said Steve Westly, managing partner of the Westly Group. “Powered by a disruptive commercial model and a world-class leadership team, T-REX has quickly become the go-to solution for our global utility LPs and other alternative investment professionals.”

Prof. Daniel Tsiddon, founder and general partner at Viola Fintech, added, “T-REX is without a doubt the key to unlocking the floodgates of capital across alts. It uniquely simplifies workflow and strips out perceived investment risk by digitizing data and automating processes.”

Concurrently with the investment, T-REX has added Tsiddon to its Board, as well as seasoned fintech entrepreneur Tim Wang, Principal at Westly.

About T-REX

T-REX combines sophisticated cloud-based SaaS technology with big data and asset class expertise to drive down operating and capital expense, reduce risk exposure, and enhance performance for complex investments. T-REX solutions address friction at each stage of the asset lifecycle, from origination through investment. By empowering responsible finance, T-REX creates significant investment opportunities across the $30 trillion market of alternative investments. Visit www.trexgroup.com to learn about the Performance Data Service and financial analytics Platform for Loan and Asset Warehousing, Structured Credit, and Energy Project Finance.

Related

Filed Under: PR Tagged With: fintech, T-REX

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Footer

RSS Market Research Media

  • America’s 100 largest housing markets are overpriced
  • How do media companies perform in digital transformations?
  • A six-step forecasting methodology
  • New skills will be required for the future world of work
  • Two biggest barriers to wider adoption of XR are user experience and limited content
  • The current market value for AR/VR/MR is around $30.7B, and the worldwide market may rise to $300B by 2024
  • Global asset classes compared by market cap in 2021
  • Russian oil production succumbing to the impact of Western sanctions
  • Russia’s default on its foreign debt is around the corner
  • BRIC Investment Funds Have Taken a Beating This Year

RSS Market Analysis

  • Another pandemic may be on the horizon: antimicrobial resistance
  • Low-carbon fuels will be essential for decarbonization
  • Blue hydrogen becoming increasingly cost competitive
  • The construction industry is responsible for 11% of the world’s man-made carbon emissions
  • Military Applications of Quantum Technology
  • New Technologies to Disrupt Traditional Renewable Fuels
  • Australia approves a drought-tolerant genetically modified strain of wheat for use in food
  • The Pentagon’s FY2023 budget request for hypersonic-related research is $4.7 billion
  • Middle East and North Africa region’s economies grew by 5.8% in 2021
  • Job openings hit a record high March

RSS Technologies

  • Cloudflare Unveils New SQL Database Offering
  • Cloudflare announces Workers for Platforms
  • Intel is rolling out new processors designed for data centers
  • EU moves to wean itself off Russian fossil fuels
  • A New Hydrogen-Powered Behemoth
  • BAE Systems to Bring Next-Generation Electric Drive System to Heavy-Duty Industrial Vehicle Market
  • MEMS Speakers Are Replacing Balanced Armature Speakers
  • Trends in data and analytics
  • Apple takes another step towards EV development
  • French company captures methane leaking from abandoned mines

Copyright © 2018 3V.org

Technologies, Market Analysis & Market Research Reports

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Do not sell my personal information.
Cookie SettingsAccept
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT