Linedata: acquisition of DreamQuark

(CercleFinance.com) - Financial software provider Linedata has announced the acquisition of DreamQuark, a French start-up specializing in the development of artificial intelligence (AI) platforms and services dedicated to financial services.


This transaction expands Linedata's presence in the key asset management, savings and insurance sectors, thanks to DreamQuark's expertise and long-standing collaborations with renowned players such as Royal Bank of Scotland and Gambit Financial.

DreamQuark's solutions include augmented advice, enhanced compliance, intelligent document search and efficient ESG data acquisition, while ensuring proper AI risk management.

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