Market demand for automated post-trade operations solutions drives innovative FinTech firm to grow client base by 20% in 2015
Electra Information Systems (Electra), an innovative provider of proven software solutions for the asset management industry, announced today that 2015 closed a record-breaking year.
Since its inception in 1998, Electra has been guided by a single, client-driven principle – efficient processing is critical to success. As the market continued to increase in complexity in 2015, demand for automated post-trade operation and robust data management solutions quickly rose, increasing Electra’s client base by 20%. While all its solutions contributed to Electra’s growth in 2015, particular strength was evident in Electra’s reconciliation solutions and subscriptions to its extensive data network.
“Throughout the history of our firm, the Electra team has always put clients first and long after each implementation project, we remain a strategic resource to our customers’ businesses. Staying close to clients helps us continue to provide best-in-class solutions to a very dynamic marketplace,” said John Landry, CEO at Electra. “We anticipate another strong year in 2016 and we are excited to introduce the many product enhancements we have in the pipeline. These will elevate our solutions even further,” said John Landry, CEO at Electra. “As a leader in this space, our clients have come to rely on us as a strategic resource in their post trade processing and we will continue to evolve and adapt as the marketplace demands.”
Electra partners with clients, which include more than a third of the top 50 and 70 of the top 200 asset managers, to help them significantly increase efficiency and reduce risk.