Two ex-Goldman quants built software that automates the boring, expensive part of managing money - and got a $1.3 trillion asset manager to buy the whole thing.
The mutual-fund house founded in 1947 now runs a federation of specialist managers, an expanding private-markets shelf and one of Wall Street's more serious blockchain experiments. Franklin Templeton's wager is that old-fashioned distribution and new financial rails belong under the same roof.
IMTC is a New York-based fintech that builds a cloud-native, AI-enhanced platform for fixed income investing. It combines portfolio construction, optimization, order management, risk and compliance, and reporting into one system, helping asset and wealth managers customize bond portfolios and separately managed accounts at scale while automating manual workflows. Founded in 2017 and led by CEO Russell Feldman, the company raised a $12M Series A in December 2025 led by Nyca Partners.