Financial technology—aka FINtech—is booming

February 10, 2015 03:34 PM

The world of trading and trade and risk management is evolving due to the rapid growth in financial technology (FINtech). In 2008, approximately $930 million was put into FINtech companies, according to Accenture. By 2013, that figure had tripled to $2.97 billion and by 2014 experts estimate FINtech investment anywhere between $6 billion and $18 billion.

Regardless of the exact figure, money pouring into FINtech firms is leading to the creation of exciting and innovative technologies. More importantly these companies are going to build the trading and trade management infrastructure of the future.

 In our new section, FINtech Focus, we will profile one of these firms each week.

While FINtech is a broad category, we will be focusing on firms that specifically cater to the retail trading, risk management, alternative investment and virtual currency sectors. If you would like your FINtech firm profiled, please go to Futures FINtech Focus and fill out all the questions. Send your responses to using "Futures FINtech Focus" in the subject line. Make sure to include all your contact information. We will not profile pre-revenue companies. We will post the most compelling and relevant FINtech profiles every other week.

About the Author

Editor-in-Chief of Modern Trader, Daniel Collins is a 25-year veteran of the futures industry having worked on the trading floors of both the Chicago Board of Trade and Chicago Mercantile Exchange.