Genesis Global Technology Limited

Genesis Global Technology Limited specializes in developing the Genesis Application Platform, enhancing financial markets' application development through high-performance, secure, and scalable solutions for real-time data processing. Founded in 2015 and headquartered in London, UK, Genesis Global Technology Limited focuses on creating technology for financial markets. The company has not undergone any significant business pivots and operates independently. The team includes CEO James Harrison and key executives Rounok Alam and Stephen Murphy.

The company raised USD 20 mn in its latest funding round on July 27, 2022, involving investors such as Bank of America, Bank of New York Mellon, and Citi Ventures, which contributed to a total capital of USD 20 mn across all funding rounds. Genesis has completed six deals to date. Genesis Global's primary offering is the Genesis Application Platform, tailored for financial markets to enable the rapid development of high-performance, secure applications. This platform supports dynamic workflows and visualizations, facilitating real-time data processing and integrating diverse data sources and APIs.

Over 120 dealers and asset managers utilize the platform for critical applications, including fixed income market pricing and trade allocation management, serving a global clientele across North America, Europe, and Asia-Pacific. In the most recent fiscal year 2022, Genesis Global reported revenue of USD 10,180,163, reflecting its subscription-based revenue model. Clients access the Genesis Application Platform through structured partnerships, paying based on usage or service tiers. The platform's offerings include the Trade Allocation Manager and solutions for primary bond issuance that are pivotal for institutional workflows.

Customization of pre-built components enables clients to adapt the platform to their specific operational needs, fostering ongoing business relationships with Genesis Global. Following the USD 20 mn funding raised in July 2022, Genesis Global Technology Limited plans to invest in further technology innovation to enhance its platform capabilities. The company is exploring new product launches and intends to expand its market presence geographically, focusing on increasing its footprint in emerging markets by 2024. The recent funding will facilitate these strategic initiatives, ensuring the company continues to meet the evolving needs of its clients.