HEXANIKA

regtech | data management | governance | regulatory reporting | big data analytics

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557 VISITORS | 940 VIEWS

FOUNDING YEAR: 2014

LOCATION:

United States

REGION:

New York

Last Update:
14 Feb, 2020

Global presence:

India

Company priority:

Getting ready for launch!

Description

Hexanika’s advanced data management and reporting solutions help financial services firms adapt to changing environments. The big data software provides a competitive advantage for companies by guiding them to make crucial, data-driven decisions to improve business process and performance.

FOCUS

PRODUCTS & SERVICES:

SmartJoin: An intelligent and self-learning software platform to address regulatory data sourcing. SmartReg: Regulatory reporting. Services: DRaaS (Data Readiness-as-a-Service) and RaaS (Reporting-as-a-Service) to scale Hexanika's products through GTM partnerships. Hexanika’s Software Platform streamlines the process of data ingestion, analytics, and reporting. The platform leverages machine learning algorithm, simplifies data governance process, and generates timely reports to be submitted to regulators in the correct format.

REVENUE MODEL:

Viewable by subscribers only

MAIN CLIENTS:

Financial institutions

EXISTING PARTNERSHIPS:

Microsoft, IBM, Accenture, FIS, Synpulse.

COMMENT

It uses semantic, heuristic, and machine learning logic for integrating, consolidating, aggregating as well as managing structured or unstructured data from disparate sources.

PEOPLE

MEDICI analysts will analyze HEXANIKA soon

TRACTION

Insufficient information for accurate analysis

MOMENTUM

FUNDED:

YES

TOTAL FUNDING:

$150 K

DATE OF LAST FUNDING:

Sep 2017

SEED & PRIOR FUNDING:

$150 K

SEED CLOSED ON:

Sep 2017

LISTED:

COMMENT:

As of July 2016, they are looking to raise $2.5M to scale the product and implement GTM strategies.

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