£2
The funding round was led by David Little and coincides with the appointment of Matthew Cook as chairman.
"As the industry grapples with shorter settlement cycles and maintains a strong focus on reducing transactional costs and friction, this is an exciting time to be joining SSimple. Accurate, authenticated, and timely SSIs have long been a consistent challenge, hindering the realisation of a fully straight-through-processing (STP) vision within the industry. This hindrance has been exacerbated by error-prone manual processes and costly, outdated legacy platforms. Leveraging SSImple’s innovative SaaS approach, we present a cost-efficient effective and readily implementable solution across multiple asset classes for the 21st century, with the goal being to transform this vision into reality."