Citi, J.P. Morgan and State Street have invested in the firm which helps optimize capital efficiency.
The funding comes after the analytics platform joined Engine, the IA accelerator.
Adam Battersby, ex-head of global principal investments at BofA Merrill Lynch, will be CEO.
Cloud-deployed service will protect and monitor ITG’s US and Canadian equities trading.
The exchange will add momentum to its buy-side initiatives.
A digital platform will use APIs and cloud technology to provide a set of common processing services.
J.P. Morgan’s Securities Services and BlackRock have adopted the fintech platform.
Five banks have become signatories to the pledge.
Mouro Capital manages a portfolio of more than 30 companies.