Financial news

The company says the raised capital will accelerate the development of Next Gate Tech’s cutting-edge solutions that help financial institutions streamline their processes, improve efficiency, and reduce costs. 

“We are excited to have Deutsche Börse, an innovative international exchange organisation, as our lead investor, and we are grateful for the continued support of our existing investors. The new funding will enable Next Gate Tech to enhance its products and services further and expand its reach to new markets,” says Davide Martucci, CEO of Next Gate Tech.

Next Gate Tech: What you need to know

Led by Davide Martucci, Next Gate Tech is a data management, insights, and analytics company that provides a smart Saas platform for fund industry players such as banks, asset managers, and other financial services providers.

The platform ingests data from multiple sources, creates a harmonised golden copy, and generates various calculations to optimise operations, comply with regulatory requirements, and enhance the customer experience.

Next Gate Tech’s platform can oversee delegates, analyse investment behaviours, compare performance, and generate risk-based metrics. 

This enables fund industry players to make informed decisions and mitigate risks.

The company has offices in Luxembourg and in London.

The Investors

Deutsche Börse Group provides investors, financial institutions and companies access to global capital markets. 

The company’s business covers the entire financial market transaction process chain, ranging from securities and derivatives trading, clearing, settlement, and custody, to market data and the development and operation of electronic trading systems. 

As a technology company, it develops state-of-the-art IT solutions and offers IT systems all over the world.

With more than 10,000 employees, the Group has its headquarters in the financial centre of Frankfurt/Rhine-Main, as well as Luxembourg, Prague, Cork, London, New York, Chicago, Hong Kong, Singapore, Beijing, Tokyo, and Sydney.

Christoph Osburg from DB1 Ventures says, “We are impressed by Next Gate Tech’s innovative solutions and their proven track record in implementing cutting-edge technology with ease while providing a first-class customer experience. Their offerings are well-aligned with our investment thesis, and we are delighted to have a commercial partnership agreement already in place with our subsidiary Kneip.” 

“As a strategic investor, our aim is to foster long-term partnerships, and we see great potential for collaboration between Next Gate Tech and Deutsche Börse subsidiaries such as Kneip,” he adds.