Motive Labs, a global fintech innovation firm, has formed a strategic partnership based on value creation with Inforalgo, a provider of data connectivity and harmonization technology to the capital markets industry.
As part of this global strategic partnership, Inforalgo will leverage Motive Labs’ on-site expertise and tap into their extensive network to improve its delivery plan, expand the scope of its services and grow its client base. Alberto Corvo, founding partner of Motive Labs, will join the Inforalgo board of directors, with Sam Tidswell-Norrish, principal, joining as a board observer.
Following the recent opening of Motive’s European Innovation & Investment Centre in Canary Wharf, Inforalgo is planning to relocate there with Motive Labs.
“We are delighted to support Inforalgo’s growth trajectory with strategic support and access to our global ecosystem to accelerate the company’s product innovation and geographic expansion,” Mr. Corvo said. “We believe that to increase profitability and remain regulatory compliant, capital markets and investment banks will continue to focus on their core business and outsource data connectivity to expert managed service providers such as Inforalgo.”
“Motive Labs will help us scale our business as we seek to meet the unprecedented challenges faced by the capital markets and investment banking industry,” Inforalgo CEO Jordan Ambrose said. “The potent combination of ours and Motive’s expertise is already proving to be a catalyst for our client-focused delivery plan and we look forward to developing our propositions together.”
Motive Labs has offices in London, New York and Belgium.
Inforalgo provides straight-through processing and managed data connectivity solutions to optimise trading efficiency and harmonise data sets. Its technology connects electronic communication networks, asset managers, execution management systems and regulatory reporting services to help clients streamline the entire trade workflow across different trading platforms and asset classes.