Deutsche Börse Group has invested into Trifacta, a company dealing in data
wrangling. The Group acquired a minority stake; and the investment will be
managed by its corporate venture capital arm, DB1 Ventures. Thomas Curran,
Advisor Innovation & Technology to Deutsche Börse, will join the
non-executiveboard as observer for Deutsche Börse.
“As digitisation will continue to impact financial markets, we aim to
create a digital transaction platform benefitting from stronger data and analytics,” said Carsten Kengeter, CEO of Deutsche Börse AG. “By partnering with
Trifacta,we enhance our analytics technologies for Big Data and advance our customer solutions.”
“Deutsche Börse manages some of the largest and most diverse data in
capital markets. To improve their information agility, they selected us as their
enterprise standard for self-service data preparation and we are now
thrilled to also welcome them as a strategic investor. With their help, we will
continue to optimise Trifacta for the data wrangling needs of the industry’s leading financial organisations,” said Adam Wilson, CEO, Trifacta.
“We have invested into Trifacta in order to create new data driven products
and services through efficient wrangling of our diverse and large data pools.
With Trifacta Enterprise, we can explore new extensions in our data services
offering in areas like risk management, investment decision making and
trading analytics”, explained Ankur Kamalia, MD & Head of Venture Portfolio
Management and DB1 Ventures, Deutsche Börse.