NEW YORK – Arcesium, a post-trade technology and professional services firm that supports more than $100 billion in client assets, today announced the launch of a suite of modular technology products and solutions for alternative asset managers. These highly configurable tools and services are designed to integrate into a client’s existing technology to improve the efficiency and accuracy of their middle- and back-office operations.”
Arcesium has built a powerful and fully integrated platform designed to support the most complex operational demands of some of the largest asset managers in the industry,” said Gaurav Suri, CEO. “We are thrilled to offer key features of this platform as standalone software and service solutions.”
The new products provide targeted solutions that are now more broadly accessible for many asset managers. Arcesium has already onboarded several pilot clients, and one of the products, Financial Data Stack, was recently awarded “Best Data Management Product” at the HFM US Hedge Fund Technology Awards.
“We’ve seen significant demand in the marketplace from managers who want to make discrete updates to components of their architecture and operations,” said David Nable, Head of Commercial Strategy. “By offering portions of our platform á la carte, we’re empowering managers to better automate their processes and scale their business without having to increase headcount or completely re-engineer their existing processes.”
“These modular solutions apply Arcesium’s speed, accuracy, and innovation to solving specific parts of middle- and back-office workflow and are much faster to implement than a full overhaul,” added Suri.
Arcesium is launching four modular products, which are all existing components of the full platform:
Arcesium is a post-trade technology and professional services firm. Arcesium’s fully hosted technology platform, coupled with its team of experienced hedge fund professionals, offers sophisticated solutions for the most complex post-trade challenges facing asset managers.
Built on a platform developed for its own post-trade activities, the D. E. Shaw group launched Arcesium as an independent company in 2015 with additional equity backing from Blackstone Alternative Asset Management LP, the world’s largest discretionary allocator to hedge funds, which became the firm’s second client.
Since its launch, Arcesium has grown to support more than $100 billion in assets from a number of leading firms, with a staff of over 700 software development, accounting, operations, and treasury professionals worldwide.
By providing cutting-edge technology, automation, and security, Arcesium’s platform is designed to enable clients’ operations, accounting, treasury, and enterprise data management teams to achieve unparalleled results.
For additional information about Arcesium, please visitwww.arcesium.com and be sure to follow us on LinkedIn.
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