Quantifeed: Acquires London fintech Alpima
- Quantifeed is Asia’s leading digital wealth management solutions provider for financial institutions
- Alpima, a London-based portfolio construction, visualization, and analytics fintech company
- The merged entity’s software platform manages more than $20bn worth of assets
- This deal is part of a strategy to expand its presence in global markets, including Europe, the Middle East, and the Americas
- The merged entity is claimed to provide services across a portfolio that features risk analytics, construction, order management
- The company raised funds through a Series C round in May. This round was led by HSBC Asset Management’s alternative investments business
