28 September 2020 - Zelig is pleased to announce that it acted as exclusive financial adviser to Acin, the London-based data standards firm that is digitising operational and non-financial risk, on its $12 million Series A funding round.
The funding round was led by leading European SaaS investor Notion Capital, which will work closely with Acin to drive rapid growth, and supported by Fitch Ventures, the investment arm of the US-based Fitch Group, a global leader in credit ratings and research. Other new and existing investors include Cris Conde (former President & CEO of SunGard), Christopher Carter (Chairman of Artorius Wealth Management and former Vice Chairman – Institutional Securities at Morgan Stanley) and Carlos Gonzales-Cadenas (COO at GoCardless and ex SkyScanner CPO).
The funding will enable Acin to rapidly accelerate its proposition, by continuing to enhance its cloud-based Terminal with additional inventories of risks and controls, software extensions and integrated benchmarking. This will provide financial institutions with a complete front-to-back-office solution to assess and manage their operational and non-financial risks. With extensive applications beyond financial services, Acin will expand its solution into further sectors over time.
Working with 14 tier-one banks, Acin revolutionises the way these organisations manage their operational and non-financial risk and controls through a standardised, industry-wide library, and a first-of-its-kind Network that facilitates collaboration between members.
|
