Firm58
Information by Research Trustfinance
Founded in 2005, Firm58, Inc. specialized in developing and providing back-office technology solutions for the capital markets industry. Its primary offerings included a Software-as-a-Service (SaaS) platform that automated critical post-trade processes such as billing, fees and commission management, clearing reconciliation, and regulatory compliance reporting (e.g., CSA, soft dollar). The company's target clients were broker-dealers, proprietary trading firms, and clearing firms seeking to streamline operations and reduce costs. In 2014, Firm58 was acquired by Options IT, which was subsequently acquired by ION Group. The Firm58 brand is no longer active, and its technology has been integrated into the ION Group's portfolio of financial technology solutions.
United States
Industry
- Software DevelopmentPRIMARY
Technology
- Other Service
- Payment
Financial
HQ Location