Behavox, an AI insights company that transforms structured and unstructured corporate data into insights that safeguard and enhance businesses, announced the acquisition of Mosaic Smart Data, a technology company enabling financial institutions to extract actionable intelligence from their transaction data. Financial details were not disclosed in the release.
Mosaic Smart Data’s software enhances liquidity discovery and decision-making in fixed income, currencies, and commodities (FICC) markets and is deployed across five continents by leading global capital markets institutions, including marquee clients such as J.P. Morgan and ING. Mosaic helps market participants navigate the FICC markets by aggregating all transaction data from across the organization as well as external sources, normalizing it, and applying advanced AI models to extract actionable insights.
Erkin Adylov, CEO of Behavox, said in a statement: “This acquisition enables us to integrate commercial insights from Behavox, such as Indications of Interest (IOIs) and Request for Quotes (RFQs), into Mosaic Smart Data – across both text and voice”
Matthew Hodgson, CEO of Mosaic Smart Data, said in a statement: “Customers increasingly seek AI-driven insights to analyze pre-trade journeys and extract intelligence from communication data to help them make more money. Mosaic Smart Data will be the first company to offer FICC desks a comprehensive view of market activity, integrating both transaction and communication data.”
Behavox will leverage Mosaic Smart Data’s expertise and technology to enhance its Trade Surveillance offering which is currently going through customer testing pending release in the second half of 2025.
Adylov said in a statement: “Our new Trade Surveillance system will be fully cloud-native, built from the ground up using the latest technologies, highly scalable, and powered by Behavox LLM. More importantly, it will be fully integrated with Quantum, our electronic communication surveillance offering, and our regulatory archiving solution, Intelligent Archive.
Kiryl Trembovolski, COO of Behavox, said in a statement: “We are excited about the opportunities ahead for Behavox and grateful to our partners at Hercules Capital for supporting this transaction. With Behavox achieving 44% growth for the second consecutive year and strong financial backing from Hercules Capital, we are well-positioned for continued expansion in 2025.”