Euclid Opportunities is supporting young financial technology companies
With the recent focus on distributed
ledger-based technology, it can be easy to forget that
there’s much more to the world of financial
technology than the blockchain; the managing directors of Icap
subsidiary Euclid, spoke to FOW about their view on the future
of this rapidly evolving market space.
"Blockchain has taken the majority of the
attention, but we believe it is just one of the technologies
that will bring efficiency and robustness to the market," Steve
Gibson, managing director of Euclid Opportunities, part of
Icap’s post-trade business, told FOW.
Euclid has taken on the role of a
late-stage start up incubator, acquiring and supporting young
financial technology firms. The inter-dealer broker has sought
in recent years to reduce its reliance on its traditional voice
broking business and invest in electronic broking and
post-trade solutions such as those fostered by Euclid.
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