Singapore: TCV makes strategic investment in AxiomSL

Compliance & Reporting

AxiomSL, which provides risk data management and regulatory reporting technology for the financial services industry, has secured a strategic investment from growth equity firm Technology Crossover Ventures (TCV). Financial terms of the transaction are undisclosed.

This investment represents AxiomSL’s first institutional financing, having bootstrapped to scale since its founding in 1991.The firm has offices across the Americas and the Asia-Pacific, with its global headquarters in New York City while its APAC HQ is sited in Singapore.

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