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All transactions in one place with Mitigram: A vital first step towards intelligent trade finance decisions

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STOCKHOLM, Feb. 16, 2021 /PRNewswire/ In May 2017, The Economist wrote an article echoing the idea that data had overtaken oil as the world s most valuable resource. For as much truth there is in such a statement, it is equally true that the only thing worse than not having data to work with, is to have bad data that lead to bad decisions.
In an effort to simplify and standardise operations in trade finance, Swedish fintech Mitigram is becoming the gold standard of data management. With our new Transaction Manager (TxM) product, said Anton Monaghan, Product Manager at Mitigram, Customers can monitor their entire portfolio of trade finance transactions in a centralised solution. TxM supports the tracking of multiple trade finance instruments from planned stage through expiration, giving clear insight into outstanding exposures across banks, countries and counterparties. Integrations with SWIFT and other ecosystem providers will enable multi-channel bank communica ....

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Soda Raises €11.5M Series A Funding to Bring Everyone Closer to Data

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BRUSSELS, Feb. 2, 2021 /PRNewswire/
Soda announced today that it has raised €11.5M Series A financing to accelerate the development of its data monitoring platform that streamlines how teams find the data worth fixing. The round was led by leading European venture investor, Singular, with returning participation from seed investors Point Nine Capital, Hummingbird Ventures, DCF and angel investors.
Maarten Masschelein, CEO (left), and Tom Baeyens, CTO (right), Co-Founders of Soda.
Raffi Kamber, General Partner at lead investor, Singular, said, Analysis and usage of data has become business critical in most applications. Data quality needs to be preserved everywhere in a modern data stack, which is becoming increasingly massive and complex. A natural need has thus emerged for a platform that monitors data and provides a unified view of the data and its issues to all the stakeholders. That s what Soda is about, and Maarten and Tom bring deep e ....

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