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Arcesium
From Wikipedia, the free encyclopedia
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Arcesium is a financial technology and software-enabled services company that provides post-trade operations and enterprise data management tools to asset managers, hedge funds, banks, and allocators. Its cloud-native products operate on a Software-as-Service (SaaS) model.
The firm was launched in 2015 as an independently operated joint venture of the D. E. Shaw group with additional backing from Blackstone Multi-Asset Investing (BXMA).[1]
Arcesium is headquartered in New York City and maintains offices in the U.K. and Portugal and a large presence in India where it operates from three locations in Hyderabad, Bengaluru, and Gurugram.
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History
D. E. Shaw launched Arcesium in March 2015 to commercialize technology and services supporting investment managers’ post-trade activities.[1][2] The D.E. Shaw group and Blackstone Alternative Asset Management its first clients.[1][2] In 2018, J.P. Morgan’s Securities Services business expanded its use of Arcesium technology for alternative fund administration.[3] In January 2020, J.P. Morgan then made a strategic investment in the company.[4]
The company established a London office in September 2020 to serve European clients,[5] followed by a Lisbon office announced in July 2024.[6]
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Products and services
Arcesium’s offerings center on post-trade operations, data management, and adjacent middle- and back-office workflows for buy-side firms. Users of Arcesium’s products, including those in the role of designated market makers, describe the platform as supporting processes after execution across multiple asset classes and geographies.[1][3]
In April 2023, the company launched Aquata, a cloud-native data platform for integrating and managing investment data across client types.[7][8] In July 2024, Arcesium branded and packaged its existing post-investment tools as Opterra, a platform that unifies operational data and workflows throughout the investment lifecycle.[9] Workflows include reconciliation and portfolio analytics [10],[10] treasury and collateral activities,[11] investor accounting,[12] regulatory reporting,[13][14] and private-markets operations.[15]
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Leadership
Gaurav Suri is the chief executive officer. Institutional Investor profiled Suri’s role in the company’s launch and included him in its Trading Technology 40 list.[16]
References
External links
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