Octaura
Octaura is a financial software company based in New York, founded in 2022. It offers an electronic trading platform specifically designed for syndicated loans and Collateralized Loan Obligations (CLOs). The company focuses on enhancing efficiency, transparency, and simplicity in trading these financial instruments. Octaura is headquartered at 5 Penn Plaza, Suite 6S, New York, NY, and employs around 60 people.
The primary product is an electronic loan trading solution that includes automated trade booking, integrated loan-level analytics, and real-time connectivity for traders. The platform supports various trading protocols, including Request for Quote (RFQ) and List protocols, to improve loan trading functionality. Octaura serves a range of clients in the B2B FinTech space, including investors, dealers, lenders, and global banks, primarily within the United States. The company is backed by major financial institutions such as Citi, Bank of America, and Goldman Sachs, and has secured significant funding to support its growth.