Most big wigs in the financial industry in Boston have found it increasingly difficult to be at pace with the diversifying nature of technology. This is because they lack the latest computers and recent softwares to help them in the investment process. That notwithstanding, it has created an opportunity for local entrepreneurs to exploit and come out with a lasting solution to this situation.
One of such companies is Kensho Technologies Inc., a Boston-area company that yearns to see a day when the financial and technological capabilities of Boston become compatible, while making good use of modern computers and mobile devices to speed up financial technology with the quest to improve technology.
Their services have become vital due to the increasing number of financial start-ups that have emerged from Boston over the last few years. A current research indicates that there have been at least 100 financial technology start-ups springing up in Greater Boston over the last few years.
Greater Boston, from time immemorial, has proven to be the perfect place for financial technology as it has been the abode of one of the giant players in the financial technology sector that instituted pragmatic measures to improve the financial technology, not only in Boston, but across the world.