Born in 2015 out of the D. E. Shaw group, one of the world’s leading asset managers, Arcesium provides comprehensive and flexible middle- and back-office solutions for sophisticated asset managers and currently supports more than $100 billion in client assets. Arcesium’s modular offering, launched in Q1 2019, comprises products and solutions for reconciliation, treasury, swaps management, and data warehousing and management that were previously only available as part of a full-platform implementation. “Our solution is a series of rapidly deployed, highly configurable modular components that easily integrate with one another and with other client systems,” explains Nable.The key solution is Financial Data Stack, a series of tools developed to provide asset managers with the ability to master, store, and distribute relevant data sets in order to make critical business decisions from a single source of truth. Once implemented, a single source of truth for data can be relied upon throughout a manager’s entire ecosystem, including trading, portfolio management, risk, accounting, and reconciliation systems.
Arcesium has performed reconciliation for several years as part of their broader client engagements. But presently, they are offering the Reconciliation solution as a standalone module to managers who want to automate reconciliation but maintain control and oversight over the whole process. The modular Reconciliation solution provides flexible deployment options in the form of cloud-based technology, operational outsourcing agreements, and software-as-a-service to support the operation of the most complex asset classes at a massive scale. Alongside, the Reconciliation solution empowers clients with real-time transparency into the entire workflow.
In response to the market gap created by information asymmetry, Arcesium has developed the Treasury Suite. This toolkit is designed to empower fund managers to optimize funding decisions across their prime brokers, swap counterparties, and others. It creates a transparent view of complex margins and financial agreements, which is designed to allow clients to manage exposure, fund sources, supervise counterparties, evaluate and yield investment enhancement opportunities, and automate collateral management processes.
Similarly, the asset-class-specific Swaps Management solution is exclusively designed to simplify the post-trade lifecycle and scale swap operations. Engineered as a highly automated proprietary tool to model complex swap instruments, it scales high volume data, new bespoke types of contracts and structures, as well as third-party terms to bring precision to complex swaps portfolios.
Backed by vigorous research and years of rich experience in asset management, Arcesium announced the launch of these modular products in February 2019. At launch, Arcesium already had several pilot clients live on the platforms.