London - based financial - analytics start - up Mosaic Smart Data has received $ 9 m of funding from JPMorgan , Commerzbank and Octopus Ventures . The firm was the first graduate from JPMorgan 's six - month In - Residence start - up programme , and has since signed a multi - year contract with the bank for its real - time financial dashboard . The bank signed a multi-year contract with the firm in 2017 to deploy its data platform across its rates desks globally and took a minority stake in 2018. Mosaic 's technology uses algorithms to distil large quantities of raw fixed - income financial data into a customisable format to help staff predict client activity . The latest funding will be put towards the company 's research and development work and enlarging its buyside client base .
London - based financial - analytics start - up Mosaic Smart Data has received $ 9 m of funding from JPMorgan , Commerzbank and Octopus Ventures . The firm was the first graduate from JPMorgan 's six - month In - Residence start - up programme , and has since signed a multi - year contract with the bank for its real - time financial dashboard . Mosaic 's technology uses algorithms to distil large quantities of raw fixed - income financial data into a customisable format to help staff predict client activity . The latest funding will be put towards the company 's research and development work and enlarging its buyside client base .