MCO Europe raising finance on Crowdcube

26 May 2015

MCO Europe Ltd, McObject’s exclusive distributor for the financial markets in the UK and Europe, is raising investment through Crowdcube, the UK’s largest Crowd Funding site. to fund growth and expansion.

MCO Europe is the exclusive European distributor of McObject’s eXtremeDB Financial Edition high-performance database for trading and risk management for banks, fund managers, brokers and data vendors. Led by veterans of the Financial IT industry, MCO Europe provides an industry-beating solution for trading and risk applications in major financial institutions in the fintech sector, described as the most successful for investment in the UK.

Says Ian Hillier-Brook, CEO of MCO Europe: “McObject has an established track record in the financial markets, delivering excellent technology to financial institutions. Its technology has a huge upside potential, as there is an existing and growing need for financial institutions to process and analyse vast amounts of data, very quickly, to retain competitiveness, manage risk and satisfy the regulators. The McObject products deliver exactly what these institutions need.” He adds: “Crowdcube is FCA-regulated and authorised and is the ideal vehicle for MCO Europe to raise investment. We’ve been working closely with them to meet their strict acceptance criteria.”

In the last couple of years McObject has signed a number of major clients in financial markets in the US. The success of McObject’s ultra-high speed data management technology is thanks to its exceptionally fast processing speed and the fact that the software does not require programmers to learn a proprietary programming language.

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