Fintech Venture Capital Firm Invests in CloudMargin

llluminate Financial Management, a financial technology venture capital firm, has invested in CloudMargin, a collateral and risk management technology platform.

Illuminate Financial Management has taken a significant double-digit stake in CloudMargin, an early stage risk management technology solution targeted towards buy-side and non-bank institutions. CloudMargin’s targeted audience includes pension funds, asset managers and hedge funds.

It represents the first external investment CloudMargin has received, as it was initially launched as a result of private backing from senior financial market executives in 2013. This is also Illuminate’s first investment since it launched last year.

“It (CloudMargin) is unique in that it offers a low cost solution for a range of industry participants as well as improving efficiency for the major sell side players who interact with those same counterparties,” says Mark Beeston, managing partner and founder of Illuminate Financial Manager.