Financial AI-analytics firm big xyt raises €10M led by Finch Capital
big xyt, a Frankfurt, Germany based data analytics company for financial markets, has announced that the company has raised a €10 million investment round, led by European growth investment firm Finch Capital.
The investment will drive big xyt’s global expansion, enhance its product development and strengthen its position as an independent leader in AI-based data analytics for financial markets for some of the world’s leading financial institutions.
big xyt’s client base includes some of the best-known banks and brokers, buy-side firms, market makers, exchanges, regulators and market intelligence companies globally.
With its highly scalable and flexible technology platform, big xyt systematically collects, cleans, validates and stores large amounts of referential and tick data across global markets, generates sophisticated metrics that measure all forms of trading, and provides comprehensive and flexible APIs that support more in-depth quantitative research and feeds dependent systems such as algorithms and decision support tools. Their solutions address a wide range of use cases, including pre-trade, intra-trade and post-trade TCA and execution analysis and market structure analysis.
The platform enables clients to analyse large datasets in T+1 and real-time, helping them make informed trading decisions, manage risks and enhance trading performance.
This first round of external funding follows 10 years of profitable, bootstrapped growth for big xyt.
Commenting on the investment round, Robin Mess, CEO of big xyt, said:
“This investment is testament to big xyt’s strong reputation and commitment to innovation, unrivalled data quality, and exceptional service.
“Finch Capital’s support accelerates our product development and team growth and enables us to take our proven expertise to the next level to meet the rising demand for advanced analytics. These include the need for automation and data-driven decisions in order to navigate regulatory pressures and stay competitive in increasingly complex financial markets.”
Aman Ghei, UK Partner at Finch Capital said:
“big xyt’s expertise in automating capital markets data is crucial as financial institutions face mounting competitive pressures and regulatory demands. This investment will support their strategic growth across Europe, the US and APAC, further strengthening their leadership in trading data analytics.
“big xyt’s team is uniquely positioned to dominate the market with their unmatched expertise in financial data analytics, robust tech innovation, and deep industry insights. Their strategic vision, combined with a proven track record in scaling complex, data-driven solutions, empowers them to stay ahead of evolving market demands. big xyt’s ability to deliver unparalleled data quality and actionable intelligence is precisely what today’s financial institutions need to gain a competitive edge, making them the most formidable team to lead this space.”
About big xyt
big xyt has created a global ecosystem for tick data analytics covering more than 120 trading venues across equities, ETFs, FX, and listed derivatives (futures and options), and are available in T+1 and real-time. Our clients include major global investment banks, asset managers, leading exchanges and trading venues, ETF issuers, and regulatory bodies.
big xyt’s unique private cloud-based technology normalises trade conditions of venues, allowing accurate and transparent aggregations of trading volumes, comprehensive analysis, and delivery of results in flexible and customisable formats. Our APIs support more in-depth quantitative research and feed dependent systems such as algorithms and decision support tools, which are essential for data science and quant teams.
Firms across the financial services industry choose big xyt as their data analytics partner due to our independence and ability to provide the best quality normalised data, our capability to deliver complex security and execution analytics in sophisticated and data-rich financial markets, as well as the in-depth domain experience of the big xyt team in setting up, running and maintaining data analytics environments for tick data in highly secure environments.
About Finch Capital
Finch Capital is a leading European growth investment firm based out of London and Amsterdam. The firm partners with ambitious founders to help accelerate the path to profitable scale in the financial and business technology verticals. With a portfolio of over 45 companies, including Fourthline, eflow, Goodlord, NomuPay, and Zopa, Finch Capital drives sustainable growth and capital efficiency, supporting the next wave of tech-driven industry leaders.