Deutsche Börse Acquires Minority Stake in Trifacta

Deutsche Börse Group, one of the world's largest exchange organisations, has acquired a minority stake in data Analytics Analytics Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision making. In the trading space, analytics are applied in a predictive manner in an attempt to more accurately forecast the price. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analyt Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision making. In the trading space, analytics are applied in a predictive manner in an attempt to more accurately forecast the price. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analyt Read this Term firm Trifacta to push growth in its data services business. The transaction was made by its venture capital arm DB1 Ventures for an undisclosed sum of money.

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Trifacta is a San Francisco-based organisation involved in analysing unstructured data to produce a crisper version of diverse information for use in analysis tools. The firm has a clientele base of over 8000 customers including Google, New York Life and Pepsico.

So far, the company has raised more than $76 million in funding, including the $35 million in fresh capital that it raised last year from Accel Partners, Greylock Partners, Ignition Partners and a new investor, Cathay Innovation.

Ankur Kamalia, MD and head of venture portfolio management at DB1 Ventures, Deutsche Börse, said: “We have invested into Trifacta in order to create new data driven products and services through efficient wrangling of our diverse and large data pools. With Trifacta Enterprise, we can explore new extensions in our data services offering in areas like Risk Management Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term, investment decision making and trading analytics."

The investment is a broad-based initiative by Deutsche Börse to strengthen its portfolio after its proposed multi-billion dollar merger with London Stock Exchange Group Plc (LSE) was formally blocked by the European Commission.