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Synopsis
Summit Partners, an investment company, completed the investment of a minority stake in TradingHub, a leading provider of sophisticated risk-based software solutions for financial markets. Financial terms were not disclosed. "With the introduction and increasing complexity of financial market regulations – such as Dodd-Frank, MAR and MiFID II – financial institutions are under mounting pressure to deliver robust trade surveillance programs to help both ensure regulatory compliance and counter continuously evolving market abuse,” Neil Walker, TradingHub CEO and Co-Founder.
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