Quantifeed: Acquires London fintech Alpima

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