Do your peers share your compliance challenges and professional pains? New York-based cloud communications firm Cloud9 Technologies has raised $17.5 million is a Series B funding round. Wed, Oct 12, 2016 by Spoke Tech Intel . The growing client demand reflects an increasing need for 'anytime, anywhere' access to a virtual trading floor and highlights the inherent benefits of an integrated, cloud-based environment. According to Cloud9, its platform “provides a comprehensive cloud-based replacement to traditional trading ‘turrets’; immediate access to a growing pool of liquidity; full interoperability with third-party systems; and real-time provision of high-fidelity audio, trading metadata and transcription”. Volt Bank partners with Microsoft to launch BaaS platform. New York-based cloud communications firm Cloud9 Technologies has raised $17.5 million is a Series B funding round. @hello_cape a challenger looking to disrupt Australia’s credit card market, has unveiled its “recession fighting”… twitter.com/i/web/status/1…, . OCC [@USOCC] issues guidance on US banks’ stablecoin activities Copyright © 2020 Informa PLC. "Our decision to invest in and partner with Cloud9 makes sense for many reasons. @LiveOakBank goes live on @finxact core system NEW YORK, June 4, 2020 /PRNewswire/ -- Cloud9 Technologies ("Cloud9"), a leader in cloud-based communications, has completed a $17.5 million Series B funding round led by a strategic investment from UBS, with participation from existing investors including J.P. Morgan and Barclays. Cloud Technology News. Not only are we committed to equipping our own traders with tools for seamless and agile communications - even more relevant today during the current COVID-19 crisis - but also because we see many benefits to a cloud-based environment and the data insights that come with it," said Lee Fulmer, Global Head of Innovation Lab at UBS Investment Bank. Appway raises $37 million in equity funding from Summit Partners, Cloud9 Technologies secures $17.5m in Series B funding, Investec confirms UK job cuts as interim profits expected to plunge, Revolut faces lawsuit in Romania over blocked account, HSBC and Standard Chartered hit by new money laundering allegations. "We're at a turning point in how technology is transforming trading floors and Cloud9 is playing a critical role in the evolution of voice trading.". Matching the right talent with the right organisation, https://www.fintechfutures.com/wp-content/themes/fintech_child/assets/images/logo/fintech-logo.png, Standard Chartered launches Mox Bank in Hong Kong. fintechfutures.com/2020/09/yandex…, The @AFME_EU is in danger of “mixing the issues” of data, technology, and regulation as it calls for focus from the… twitter.com/i/web/status/1…, . Cloud9 Technologies Links (7) Cloud9 Technologies Wants To Change The Way Trading Desks Communicate … By continuing to use this website you are giving consent to cookies being used. Cloud9 Technologies, a NYC-based cloud-based communications company, closed $17.5m Series B funding round.. The investment was a $17.5M Series B funding round led by a strategic investment from UBS, with participation from existing investors J.P. Morgan and Barclays. Nasdaq plans cloud migration for all 28 markets by 2030. Unlike providers of remote log-in services, which still rely on physical servers at key locations, Cloud9 is the only fully compliant and cloud-based voice communication system that meets the complex needs of users from the largest global banks and specialist trading firms. Gerald Starr, Cloud9 CEO and co-founder, told Business Insider that his company’s business has grown by 50% since 1 March, and added 4,000 new users in April. Revolut faces 3,911 complaints so far this year, as compared to its 2,487 for the whole of 2019. Appway raises $37 million in equity funding from Summit Partners, Allica Bank plans £100m funding round after £26m injection, West African microfinance confederation goes live with SAB’s AT, Somalia’s Amana Bank selects Path Solutions for Islamic core banking, BankingTech Awards 2020 – call for judges. improve your experience and our services. Edit. Your email address will not be published. @StanChart launches Hong Kong virtual bank Mox “The real benefit [of the cloud] is the ability to scale," says Nasdaq.