BTON, a London-based provider of AI-driven trading technology, has secured funding from Celero Ventures to enhance its data-driven execution tools and expand its U.S. operations. This investment, coming eight months after BTON launched its U.S. business, aims to cater to American asset managers seeking to improve execution quality through predictive slippage analysis and dynamic order matching with brokers. CEO Dan Shepherd emphasizes that data is now central to execution quality, and BTON aims to be the leading provider of AI and collaborative data solutions for institutional trading.
BTON’s innovative platform connects buy-side trading desks with brokers, utilizing a neural network to analyze historical fills and market conditions. This allows for real-time order management without disrupting existing workflows. Celero Ventures partner David Wyatt highlights BTON’s potential to reshape the industry by addressing execution challenges. The funding will support engineering capacity, U.S. client support, and the development of advanced trading features.
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