Provable Markets Plans Enhancement of Execution and Post-Trade Platform

Provable Markets, a New York and Amsterdam based provider of front, middle, and back-office technology solutions for Securities Finance, announced the completion of its Series A investment round led by Dialectic Capital Management, with participation and support of current investors Inkef Capital and Anthemis. “Securities Lending is a uniquely complex, and vital component of the broader Securities Financing markets that underpin the global financial system,” said Matt Cohen Co-Founder and CEO of Provable Markets. “In many ways, it is the first of the traditional capital markets ecosystems that rely on T-0, real-time settlement. Our platform is designed to work both independently and within the confines of the existing infrastructure to more flexibly support this dynamic execution and post-trade relationship.”  The funds raised allow Provable to build on the foundational pieces put in place over the past few years and scale the product offering and network. Longer term, Provable seeks to apply similar solutions under its existing FINRA and SEC registrations for Options and Swaps, along with other adjacent trade and post-trade heavy markets.