Behavox, an AI insights company specializing in corporate data transformation, has acquired Mosaic Smart Data, a leading technology firm providing AI-driven transaction analytics for financial institutions. Mosaic Smart Data’s platform enhances liquidity discovery and decision-making in Fixed Income, Currencies, and Commodities (FICC) markets, serving clients across five continents, including JPMorgan and ING.
Behavox CEO Erkin Adylov stated that the acquisition will enable deeper integration of commercial insights, including Indications of Interest (IOIs) and Request for Quotes (RFQs), across both text and voice data. Matthew Hodgson, CEO of Mosaic Smart Data, noted that AI-driven insights are becoming crucial for financial market participants, particularly in analyzing pre-trade activity and extracting intelligence from communication data to drive profitability.
Behavox plans to leverage Mosaic’s expertise to enhance its Trade Surveillance system, which is currently undergoing customer testing and set for release in the second half of 2025. Adylov highlighted that the new system will be fully cloud-native, highly scalable, and powered by Behavox’s proprietary large language model (LLM), seamlessly integrating with Quantum, the company’s electronic communication surveillance solution, and Intelligent Archive, its regulatory archiving system.
With the acquisition, Behavox expands its AI-driven ecosystem, now offering Quantum for electronic communication surveillance, Intelligent Archive for regulatory archiving, Pathfinder for AI-powered knowledge management, and Mosaic Smart Data for front-office analytics. Behavox COO Kiryl Trembovolski emphasized that with 44% growth for two consecutive years and strong financial backing from Hercules Capital, the company is well-positioned for continued expansion in 2025.
Integration of Mosaic Smart Data is ahead of schedule, with customers encouraged to reach out for details on its capabilities within Behavox’s ecosystem. The company is also hosting events in New York, Toronto, and London, along with virtual sessions, to discuss AI’s impact on FICC markets.
