Arcesium Unveils Opterra Investment Lifecycle Management Platform Empowering Investment Firms to Drive Operational Alpha
July 16, 2024
Press Release
NEW YORK — Arcesium, a leading provider of investment lifecycle and data management technology for the global investment industry, today launches its next-generation operational platform, Opterra™, designed to enable investment managers to thrive in complexity, drive competitive edge through any asset class or investment strategy, and simplify even the most complex workflows through a unified thread of data.
Opterra brings together numerous technological advancements throughout Arcesium’s products and solutions in one interconnected platform that optimizes all middle- and back-office functions across asset classes and provides innovative operational infrastructure capable of matching any front-office ambition.
Opterra introduces a myriad of new capabilities designed to empower investment firms to future-proof operations and unlock growth. Opterra gives investment firms expanded self-service reporting abilities so that they can rapidly leverage datasets from across their business in new and more insightful ways, as well as extended reach across today’s fastest-growing asset classes. The new platform introduces increased operational support for assets including private credit and cryptocurrency, enabling firms to efficiently support any front-office strategy, and introduces more comprehensive regulatory reporting capabilities helping firms maintain compliance with evolving regulations. Opterra also enables advanced margin simulation calculations via API for the first time, uniting the front, middle and back offices with a golden thread of data for more intelligent enterprise-wide decision making.
“In developing this latest iteration of our technology, our product team took an approach uniquely crafted for today’s complex financial markets, and I am proud of the enhancements to our technology that makes Opterra the most advanced operational infrastructure in the ecosystem,” commented Arcesium CEO, Gaurav Suri. “Our clients need to be able to drive alpha through operational efficiency, they need the capability to deploy any strategy at scale, and they need to be able to harmonize vast amounts of data. This new platform is the culmination of our mission to match the sophistication of today’s - and tomorrow’s - investment industry and demonstrates our commitment to servicing the entire investment lifecycle for any asset class our clients want to trade.”
Opterra was developed to bring precision to all operational and data-based workflows across the investment lifecycle – from reporting to accounting to treasury and reconciliation – and was designed to intelligently fit the unique operating environments of hedge funds, institutional asset managers and private markets funds. Firms will have the opportunity to deploy Opterra by itself or synchronized with Arcesium’s enterprise data management platform, Aquata®.
“In today’s complex landscape, market participants can’t drive the competitive edge they seek if their front-office ambitions are hamstrung by inferior middle- and back-office workflows,” said Arcesium’s Head of Product US, Alex Dobson. “Opterra is a boundary-breaking platform that turns market complexity into an asset instead of an obstacle. It’s the culmination of years of advancements which bring order, insight, and ease to all post-investment processes – while feeding the value of advanced data back to the front-office. It’s all there in the name: ‘Opt’ for optimal and ‘terra’ representing the solid ground on which funds can expand in any direction.”
Other functions introduced with the launch of Opterra include enhanced amortization calculators for the private credit space, increased operational support for whole loans, and enhanced transaction management capabilities for crypto assets.
On the heels of the today’s Opterra launch and 2023’s Aquata launch, Arcesium’s industry-leading product team continues to advance its ambitious roadmap, responding to investment managers’ pressing need to bring a new standard of control, collaboration, and trust to all their operations and data use-cases.
For more information on the Opterra platform, visit https://www.arcesium.com/opterra.
About Arcesium:
Arcesium is a global financial technology company delivering pre- and post-investment and enterprise data management solutions to some of the world’s most sophisticated financial institutions, including private market firms, hedge funds, and institutional asset managers. Expertly designed to achieve a synchronized golden source of data throughout a client’s ecosystem, Arcesium’s cloud-native technology is built to systematize the most complex workflows and help clients achieve scale.
Today, Arcesium services over $4.3 trillion in gross AUM and over $550 billion in sell-side capital balances and has modeled over 125 million investments to date. Arcesium was built from a platform developed and tested by investment and technology development firm, the D. E. Shaw group, and launched as a joint venture with Blackstone Alternative Asset Management. J.P. Morgan, another large client, later made a strategic investment in the company, helping Arcesium further its mission: to power the entire investment lifecycle. Arcesium currently has a staff of over 2,000 software engineering, accounting, operations, and treasury professionals.
For more information about Arcesium and its capabilities, visit www.arcesium.com and follow the firm on LinkedIn.
Contacts
Media:
Danielle Meyer, Aspectus Group
