Goldman Sachs, Citigroup, Credit Suisse and existing investor JPMorgan Chase provided $17.5m of funding for the financial data software developer.

Financial services firms Goldman Sachs, JPMorgan Chase, Citigroup and Credit Suisse have invested $17.5m in AccessFintech, the UK and Israel-based creator of a transaction analysis platform for financial institutions, Reuters has reported.

AccessFintech has built a software platform that helps banks rectify ‘exceptions’, errors that can be caused by discrepancies in data between different parties, by exchanging post-trade information.

The company raised an undisclosed amount of seed funding from private investors before investment banking firm JPMorgan Chase invested an undisclosed…

James Mawson

James Mawson is founder and chief executive of Global Venturing.