big xyt systematically collects, cleans, validates and stores large amounts of referential and tick data across global markets. It generates sophisticated metrics that measure all forms of trading and provides comprehensive, flexible APIs that support in-depth quantitative research and feed algorithms and decision-support systems. The platform addresses pre-trade, intra-trade and post-trade TCA, execution analysis and market structure analysis, and enables clients to analyse large datasets in T+1 and real time. Its client base includes banks and brokers, buy-side firms, market makers, exchanges, regulators and market intelligence companies worldwide. big xyt plans to use the funding for international expansion, advancing its analysis platform, new hires and strengthening partnerships with world-leading financial institutions. The company is profitable and conducted 10 years of bootstrapped growth before taking this first external funding.

Total raised

$12M

Funding rounds

1

Latest round

Equity

Latest activity

Nov 2024