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General Information

Offices

Corporate Headquarters
130 South Jefferson Street
Second Floor
Chicago, IL, 60661
USA
New York Office (Sales)

People

CEO
Co-Founder & Managing Director
Co-Founder & Chief Technology Officer
CFO
VP of Sales
VP of Engineering
Board Member
Board Member

Funding

TOTAL $19.2M
FUNDING TOTAL $19.2M
Series A, 4/2007
Pritzker Group Venture Capital
$3.7M
Series B, 5/2008
Pritzker Group Venture Capital
North Bridge Venture Partners
$8.5M
Series C, 6/2010
Pritzker Group Venture Capital
North Bridge Venture Partners
$7M

Tags

Firm58

Firm58 helps capital markets firms discover new paths to efficiency and profitability. Our web-based financial management software helps increase a firm’s revenue, operational efficiency, and reduce costs to provide greater profitability.

The Firm58 trade operations platform helps manage billing, payments, compensation, positions, and client commission agreements (CSA/CCA/soft dollars) across asset classes including equities, futures, options, foreign exchange and fixed income. The platform automates complex processes to provides a view of daily profitability. Firm58 customers include global market exchanges, leading institutional brokerages, clearing and non-clearing broker/dealers and proprietary trading firms.

Firm58 was founded in 2005 by industry veterans with experience building world-class software for some of the largest firms in capital markets. The company is backed by top-tier venture capital firms including North Bridge Venture Partners and New World Ventures. Firm58 is focused on bringing capital markets firms the very best in new technology to radically improve middle- and back-office business processes.

Recent Milestones

  • Check
    Firm58 — Macro Risk Advisors Selects Firm58 for Post-Trade Profitability Analysis (3/22/11)
    Posted 3/22/11 at 7:48am via msn.com
  • Check
    Firm58 — Firm58 Trade Processing Activity More Than Doubled in 2010 (1/27/11)
    Posted 1/27/11 at 8:51am via firm58.com
  • Check
    Firm58 — The former president of Instinet North America brings deep financial services experience to the software provider’s executive board (1/11/11)
    Posted 1/27/11 at 8:47am via typepad.com
  • Check
    Firm58 — Firm58 Provides Online Billing for CBOE Holdings’ C2 Options Exchange (12/20/10)
    Posted 1/27/11 at 8:53am via wallstreetandtech.com
  • Check
    Firm58 — Firm58 Selected by Lightspeed Financial to Power Middle Office (10/18/10)
    Posted 11/10/10 at 2:11pm via mondovisione.com
  • Check
    Firm58 — Firm58 Exceeds Milestone of 100 Million Daily Transactions Under Contract (7/21/10)
    Posted 10/12/10 at 7:26am via securitieslendingtimes.com
  • Check
    Firm58 — Hottest Midwest Companies Awards announced by Lead411 (7/21/10)
    Posted 10/12/10 at 7:26am via prweb.com
  • Check
    Firm58 — Firm58 powers new online financial portal for NYSE Euronext (6/15/10)
    Posted 7/21/10 at 6:58am via advancedtrading.com
  • Dollar
    Firm58 received $7M in Series C funding. (6/3/10)
    Posted 6/4/10 at 5:57am via pehub.com
  • Check
    Firm58 added Doug Donohoe as VP of Engineering. (5/27/10)
    Posted 6/16/10 at 2:16pm
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    Firm58 — Firm58 Successfully Completes SAS 70 Certification (1/6/10)
    Posted 1/6/10 at 12:55pm via msn.com
  • Check
    Firm58 — ELX Futures Selects Firm58 for Post-Trade Revenue Management (11/17/09)
    Posted 11/17/09 at 7:47am via firm58.com
  • Check
    Firm58 — Pipeline Announces PowerPlus CCA Manager, developed with Firm58 (8/17/09)
    Posted 11/17/09 at 3:23pm via reuters.com
  • Check
    Firm58 — Software Veteran Nick Fera Named New CEO of Firm58, Inc (5/6/09)
    Posted 11/17/09 at 3:21pm via businessweek.com
  • Dollar
    Firm58 received $8.5M in Series B funding. (5/1/08)
    Posted 5/15/09 at 8:10pm
  • Dollar
    Firm58 received $3.7M in Series A funding. (4/4/07)
    Posted 4/5/10 at 5:57am via firm58.com

Videos

Screenshots

Firm58 screenshot
Above: Firm58 Website
Uploaded: 10/13/10

Sources

  1. Firm58 Fueled by $3.7 Million Venture Capital (firm58.com) [edit]
  2. EDGAR [edit]
  3. Firm58 Raises $7 Million (pehub.com) [edit]
  4. Firm58 Press Release (firm58.com) [edit]
    BusinessWeek (investing.businessweek.com) [edit]
    Reuters (reuters.com) [edit]
    http://firm58.com/news_room/SAS70 (news.moneycentral.msn.com) [edit]
    NYSE Euronext Outsources Billing to Firm58 (advancedtrading.com) [edit]
    Firm58 exceeds 100 million (securitieslendingtimes.com) [edit]
    Hottest Midwest Companies Awards announced by Lead411 (prweb.com) [edit]
    Firm58 Selected By Lightspeed Financial To Power Middle Office - Firm58 To Manage Lightspeed's Revenue, Expense, Billing, And Soft Dollar Programs On One Integrated Platform (mondovisione.com) [edit]
    http://advancedtrading.com/infrastructure/229000460 (nickfera.typepad.com) [edit]
    http://tinyurl.com/ycauonq (firm58.com) [edit]
    http://www.thepaypers.com/news/default/firm58-offers-online-billing-services-for-cboe-holdings-c2-options-exchange/742854-0 (wallstreetandtech.com) [edit]
    Macro Risk Advisors Selects Firm58 for Post-Trade Profitability Analysis (money.msn.com) [edit]
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Last Edited 10/11/13

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