Kingsmen Software Partners with Defiance Ventures on “The Q” Fixed Income Syndicate Platform
Summary
“We custom-built The Q for one of our large banking clients and transformed it into a SaaS offering for us,” explained Kevin Carney, Managing Partner for Kingsmen. “The Q is a sophisticated capital markets platform that can benefit from the latest technologies.” The Q platform facilitates the tracking of investment grade and high yield fixed income syndicate deals including fee calculation, revenue forecasting and accrual, underwriting approval, capital allocation, Volcker reporting, banker scorecards, Control Room reporting, and fee payments and reconciliation. It’s not solely about investment dollars—we appreciate that Defiance is local to Charlotte and shares our same enthusiasm for the future of the platform.” Kingsmen will retain a minority stake which will enable them to continue to contribute to the long-term success of The Q. It combines capital and early stage investment expertise with real world capabilities spanning marketing, branding, sales, application development, and cloud architecture to help its portfolio of technology companies to disrupt their respective industries. Kingsmen’s software studio is located in the historic Camden Cotton Mill in Fourth Ward in Uptown Charlotte, NC.