Appsbroker have recently acquired Sycamore Financial Technology, continuing their growth within the finance sector. This acquisition cements Appsbroker’s focus and commitment to transforming how firms respond to an ever evolving landscape of regulatory change; providing innovative business solutions, built on Google Cloud. Over the past 3 years, Sycamore have built a brand known for its expertise and experience in the Financial Markets. Sycamore brings to Appsbroker both the technical and business knowledge of electronic trading, and associated regulations affecting the financial markets.
Commenting today, Alex Wolcough, Founder of Sycamore Financial Technology, said “Appsbroker have already made a significant impact in terms of innovation and technology leadership within the Financial Sector. We are extremely excited to be joining them and we will be building on their successes by bringing our deeper sector expertise to collectively bring new product and solutions to market that will leverage the benefits that Google Cloud Platform brings”
Regulation now represents the most significant environmental change for the financial sector. Responding to these changes now goes well beyond compliance. It is fundamentally changing the way the financial markets do their business. Investment firms need to plan how they adapt to the new environment. Appsbroker’s proven application development capability coupled with the industry expertise of the Sycamore team will provide strategic consultancy and innovative cloud based solutions that help financial institutions navigate change within an increasingly complex landscape.
Appsbroker Founder and CEO, Mike Conner commented, “We are delighted to welcome the Sycamore team into Appsbroker. The depth of banking and regulatory expertise that Sycamore brings to Appsbroker enables us to offer our customers both sage advice and an awesome delivery capability to drive transformation more quickly. With Google Cloud renewed focus on Financial Services and institutions starting to embrace public Cloud, the Sycamore acquisition is a very timely and natural fit for Appsbroker.”
Founded in 2006, Appsbroker is one of Google Cloud's leading partners globally. Appsbroker works with Google's largest customers to innovate and build transformational applications and data solutions built on Google Cloud Platform. Appsbroker are currently working with a consortium of banks on a large scale MiFID II solution called Project Sentinel.
Appsbroker's clients include; Santander, PwC, Jaguar Land Rover, Morrisons and Travis Perkins.