The latest technology news in the wealth management sector from around the world.

In signs that venture activity is alive and kicking, revenue analytics platform Kluster announced a $1m investment from Newable and B2B specialist SuperSeed, with Cognism CEO James Isilay also joining the round. The investment deal comes in the same week as GoCardless signed on as the UK-based startup’s latest enterprise client. Others include Cision, Saba Software, and Salary Finance.

The AI platform, launched two years ago, helps analyse the vast amounts of sales data that businesses sit on to predict revenue growth more effectively. The firm said that new capital would be used to boost development of its forecasting technology and deep-insights engine introduced last year. It also said that veteran entrepreneur Pete Crosby has joined the board as a non-executive director.

“Businesses are hurting because they are flying blind when it comes to revenue. With the data and investment in sales we see available today, we must do better and help leaders anticipate what lies ahead,” Kluster CEO Dan Thompson said.

Lombard Odier
Private bank Lombard Odier has invested in and partnered with Taurus, a Swiss digital infrastructure firm that works with banks, stock markets and asset managers. It specialises in blockchain and digital asset solutions. 

The Geneva-based bank did not disclose the financial size of its investment. 

“Through this engagement, we are confident that Lombard Odier will remain at the forefront of technological developments in the field of blockchain and digital assets, enhancing our offering for clients and third parties using our platform,” Alexandre Zeller, managing partner and head of technology and operations at Lombard Odier, said.  

In 2017, the investment management division of Lombard Odier completed its first bond transaction using blockchain, the distributed ledger technology most commonly associated with the digital currency Bitcoin.