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Propellant.digital Revolutionizes Financial Market Analysis with Google Cloud

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Founded in 2021 by Vincent Grandjean and Allan Horgan, Propellant.digital is a fintech firm whose goal is to make financial data more accessible. Its eponymous platform stands out because it enables customers to analyse public and proprietary data to gain advanced insights. As a turnkey analytical solution with both open and cloud-native customizable dashboards, the platform does not require any involvement from the customer in terms of rollout, maintenance or configuration. It is able to offer companies a real competitive advantage by providing them with direct access to analyses, thus giving them a better overview of financial market dynamics.
Financial challenges costing billions

“It’s important to understand that we operate in a sector with enormous challenges,” says Vincent Grandjean, Co-founder and CEO of Propellant.digital. “If a company doesn’t have the right information at the right time or relies on incorrect information, it runs the risk of losing millions or even billions of euro.”

According to Vincent Grandjean, fixed-income markets, which are a key target area for the platform and renowned for their lack of transparency, are almost impossible to analyze. “Data from suppliers is expensive and only provides a restricted view of the market, while public data, such as data issued by the European Markets in Financial Instruments Directive (MiFID), tends to be dispersed, disorganized, and in multiple formats,” he explains.”Our systems enable customers to organize data collection, cleanup, or even harmonization, and comparing public data with their data, our platform can adapt to the needs of companies of all sizes and help them take control of their investments.” Propellant.digital is an SaaS solution, making it quick and easy to get up and running at a significantly lower cost than a solution that requires internal rollout.

Before founding Propellant.digital, Vincent Grandjean was Executive Director, Fixed Income eCommerce Product Manager at Santander Global Corporate Banking. As part of this role, he was involved in a comparative study of cloud-computing offers for Project Sentinel, a community platform working to simplify implementation of the MiFID II regulation for banks. Google Cloud was the chosen solution. “Unlike its competitors, Google Cloud proved to be extremely receptive to our project, even helping us to design the community platform,” he says. “Based on this experience, we didn’t hesitate when it came to choosing a supplier for Propellant.digital. It had to be Google Cloud.”