This Week: Linedata acquires DreamQuark, Tradeweb, Rimes, Genesis, and more

A summary of some of the latest financial technology news.

Linedata acquires AI startup DreamQuark

Linedata, a global provider of asset management and credit technology, data, and services, has acquired DreamQuark, a French startup specializing in the development of artificial intelligence (AI) platforms and services for the financial services sector.

The relationship between Linedata and DreamQuark goes back two years, beginning when the French startup participated in one of Linedata’s innovation labs. “They were very complimentary to what we’re doing,”

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A tech revolution in an old-school industry: FX

FX is in a state of transition, as asset managers and financial firms explore modernizing their operating processes. But manual processes persist. MillTechFX’s Eric Huttman makes the case for doubling down on new technology and embracing automation to increase operational efficiency in FX.

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