Firm58 raises $8,500,000

Firm58, Inc., a leading developer of Software as a Service (SaaS) solutions for the Capital Markets industry, today announced that it has secured $8.5 million in growth capital to fuel the mass commercialization of its offerings.  Based in Chicago, Firm58 is the market leader in offering on-demand post-trade management software solutions to Capital Markets firms to manage critical operations such as position management, billing, reconciliation, payment, fees and commission calculations, in addition to customer, financial and operational analytics. By automating all post-trade processes regardless of asset class (equities, foreign exchange, fixed income, futures, etc.), Firm58 enables organizations to radically increase revenues while simultaneously reducing costs.