UK’s Nimbrix to Roll Out New Blockchain Platform in a Deal with KPMG and Microsoft

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East London Blockchain startup Nimbrix is rolling out a new Blockchain-fueled platform in a deal with KPMG and Microsoft that they say will bring to market a reinvention of financial services software.

“It’s more than just a product,” says Simon Bullers, Nimbrix CEO. “it’s a revolutionary approach to software for the financial services sector. Traditional solutions for this industry take years to deploy and transition to, but you can bring up a Nimbrix platform in minutes, and then transition to it in months, and because it’s software-as-a-service (SaaS), running on Microsoft Azure, firms can avoid huge, upfront capital costs.”

As the investment industry grapples with fee pressure and increased regulatory scrutiny, the Nimbrix consortium is bringing to market an investment platform and eco-system which will reshape financial services and save investment firms millions of pounds annually.

The Nimbrix buy-side platform is designed to leverage Cloud, open-API, Software as a
Service (SaaS) and Blockchain technology. Existing offerings are complex, fragmented and difficult to integrate, whilst Nimbrix is run in a cloud using industrial strength Microsoft Azure. This allows for seamless integration with minimal up-front costs. The latest API and Blockchain technology will circumvent the problems suffered by legacy platforms – Nimbrix data is easily shared, augmented and analysed by authorised users and trades can be executed instantaneously between counterparties, thus reducing the risk of trade errors and inefficiencies.

Nimbrix is an ambitious FinTech firm based in London that wants to help asset management firms deliver superior returns for their investors by building a next-generation platform for investment management.

Using the latest technology, such as Microsoft Azure, Blockchain and open APIs, Nimbrix plans to revolutionise the economics for this product category and lay the foundations for an industry-wide revolution.

Nimbrix founders are all veterans of BlackRock, UBS, BGI and other London based financial services firms and relished the opportunity to build a platform from a clean sheet and leveraging an industry-led consortium that already includes Microsoft and KPMG to bring the platform to market and shape its development.

Working in a collaborative way, the firm is building an eco-system that is open for innovation, allowing companies to integrate new services and applications very quickly.

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Founder of Blockchain News and The Hackitarians Foundation, Richard Kastelein is an award winning publisher and editor, hackathon organiser and entrepreneur. He has written over 700 articles at Blockchain News, has a massive network in the Blockchain arena and is available as a speaker and consultant. (richard@the-blockchain.com) Kastelein has spoken (keynotes & panels) on technology at events in Amsterdam, Barcelona, Belfast, Berlin, Brussels, Brighton, Copenhagen, Cannes, Cologne, Curacao, Frankfurt, Gdansk, Hollywood, Hilversum, Geneva, Groningen, London, Las Vegas, Leipzig, Madrid, Melbourne, NYC, Oxford, Rio de Janeiro, Sheffield, San Francisco, San Jose, Sydney, Tallinn, Vienna, and Zurich. A Creative Technologist & Canadian (Dutch/Irish/English/Métis) his career began in the Native Press (Canadian Arctic) and he later spent a decade in the Caribbean media. Currently, he writes occasionally for Wired Insights, Guardian & Virgin and his articles have been translated into Dutch, Greek, Polish, German & French.