Droit has received money from investors such as DRW, Wells Fargo and Goldman Sachs to expand internationally and will start by opening an office in Singapore.
US-based financial compliance technology producer Droit Financial Technologies has raised $16m in a series A round that included trading firm DRW.
The round was co-led by financial services firm Wells Fargo, investment bank Goldman Sachs and investment firm Pivot Investment Partners.
Founded in 2012, Droit has created a real-time compliance platform called Adept that ensures all regulatory guidelines are met in trading transactions. Adept processes thousands of trading decisions per second.
Droit will put the money towards international expansion and…
