Austin, United States
Firm58 is a finance and financial services startup founded in 2005 and headquartered in Austin, TX. It offers a web-based financial management software that simplifies trade operations for capital markets firms. The Software as a Service (SaaS) platform automates middle- and back-office processes across asset classes, providing insight into daily profitability, increasing operational efficiency, and protecting revenue. The solutions offered by Firm58 include billing, profit/expense analysis, commission sharing arrangements/soft dollars, and compliance & surveillance.
Unlike point solutions that address narrow business challenges or expensive legacy systems that are difficult to integrate, Firm58's solutions are designed for the complexity of post-trade processes, yet are cost-efficient and easy to deploy. The company received a $7.00M Series C investment on 03 June 2010 from North Bridge and Pritzker Group.
With its focus on the financial services and SaaS industries, Firm58 has positioned itself as a key player in streamlining trade operations and providing valuable insights for capital markets firms.
