| March 17 & 18, 2008 | Midwest Venture Summit | |
| On line registration is now closed. On site registration will be available on Monday, March 17 at The University of Chicago Gleacher Center and on Tuesday, March 18 at the Sheraton Chicago Hotel & Towers. The cost to register is $599.00 | ||
Firm58
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Internet: |
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Address: |
656 West Randolph Street Suite 5W
Chicago, IL |
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Contact: |
Curt J. Witte, CEO and President |
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Phone: |
312/863-2390 |
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Fax: |
312/275-7801 |
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e-Mail: |
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Purpose
Firm58 is an enterprise SaaS (Software as a Service) company serving the capital markets industry. We provide a unique set of software solutions for “on demand” transaction management to “Unify the Financial Enterprise”. Founded in 2005 by two financial services veterans from Oracle, the mission of the company is to allow firms to effectively manage financial transactions enhancing their opportunity for revenue growth and operational efficiency. Leveraging the SaaS (Software as a Service) business model, Firm58 has successfully deployed solutions managing high volumes of complex cross-asset and cross-market transactions. All Firm58 solutions such as the calculation of payments, fees, and commissions, billing, position management, transaction reconciliation, and analytical reporting are delivered over the internet and require nothing more than a browser to run.
Market Firm58’s current $1.7 B target market of more than 5000 companies, consists of broker dealers, active and proprietary trading firms, market centers (ECNs, exchanges), and prime brokers. Firm58’s innovative software allows these firms to fully Unify the Financial Enterprise by seamlessly converting and aggregating transaction level data to produce timely business analytics.. The transaction management software from Firm58 economically automates post-trade processes across all asset classes, eliminating system redundancies and improving profitability. Broker dealers, active and proprietary trading firms, market centers (ECNs, exchanges), and prime broker dealers all benefit from Firm58’s offerings by fully optimizing critical operations such as position management, billing, transaction reconciliation, and fee calculations, in addition to customer, financial and operational analytics. Firm58’s principal competition is non-scalable internally developed systems and extremely high cost, heavy footprint legacy providers. | |
