Hanweck provides high-performance, low-latency real-time risk analytics and data to banks, broker-dealers, asset managers, exchanges, market-makers and central counterparties. Its core product includes the hardware-accelerated Volera analytic engine, which pioneered the use of GPUs in the financial industry, and it offers portfolio-level analytics and proprietary historical tick databases. The company said it will use new capital to intensify investment in product innovation, sales and customer success and to accelerate expansion in Europe and Asia. Hanweck recently established a European headquarters in Belfast, Northern Ireland to support that expansion. The company positions its technology to address regulatory-driven moves toward central clearing and the computational scale challenges faced by institutions. International Securities Exchange Holdings is an early strategic investor supporting the business.

Total raised

$10M

Funding rounds

2

Latest round

Equity

Latest activity

Nov 2015