Search company, investor...
Firm58 company logo


Founded Year



Acquired | Acquired

Total Raised


About Firm58

Firm58, Inc., a software-as-a-service provider, develops post-trade management software solutions for the capital markets industry. It aims to provide position management, billing, reconciliation, payment, fees and compensation calculations, and soft dollar accounting operations, as well as customer, financial, and operational analytics to trading firms, broker/dealers, hedge funds, and asset managers. The company also offers Web-based services that automate the financial supply chain. Firm58, Inc. was founded in 2005 and is headquartered in Chicago, Illinois.

Headquarters Location

130 South Jefferson Street Second Floor

Chicago, Illinois, 60661,

United States


Missing: Firm58's Product Demo & Case Studies

Promote your product offering to tech buyers.

Reach 1000s of buyers who use CB Insights to identify vendors, demo products, and make purchasing decisions.

Missing: Firm58's Product & Differentiators

Don’t let your products get skipped. Buyers use our vendor rankings to shortlist companies and drive requests for proposals (RFPs).

Expert Collections containing Firm58

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Firm58 is included in 1 Expert Collection, including Fintech.



7,985 items

US-based companies

Latest Firm58 News

Where Could The Structure Of The Markets Be Headed?

Mar 29, 2016

Benzinga's Top Downgrades Global markets have evolved a great deal in recent decades and become increasingly complex. In a new report, Firm58 took a close look at how markets have changed and where they’re headed in coming years. Prior to 1995, a handful of markets – including the NYSE, AMEX, NASDAQ, CBOE and the CME – dominated the trading world. These markets were all highly-controlled and trades were nearly entirely executed on a trading floor. Today, the digitization of global markets and the proliferation of high-frequency trading have made the pre-digital model look like a relic from the Stone Age. In fact, according to Firm58, trading platforms have now begun the process of dialing back some of the complexity of their operations. “With more accurate and sophisticated execution fee management, firms can start to identify the total cost of a potential trade, routing deals more efficiently and passing savings on to clients,” the report read. Related Link: Are You Smarter Than A Quant Analyst? Check Out This Quiz And Find Out By eliminating unnecessary complexities, Firm58 believes that firms can reduce cost and better compete in an increasingly competitive environment. “Going forward, firms will be forced to focus on gaining a competitive advantage by rooting out inefficiencies, particularly around trade routing and back-office processes.” Incredibly, Firm58 noted that the NYSE and Nasdaq Inc (NASDAQ: NDAQ )’s trading market share has dropped from 80 percent in 2001 to only 24 percent as of 2015. Disclosure: The author holds no position in the stocks mentioned.

Firm58 Frequently Asked Questions (FAQ)

  • When was Firm58 founded?

    Firm58 was founded in 2005.

  • Where is Firm58's headquarters?

    Firm58's headquarters is located at 130 South Jefferson Street, Chicago.

  • What is Firm58's latest funding round?

    Firm58's latest funding round is Acquired.

  • How much did Firm58 raise?

    Firm58 raised a total of $19.2M.

  • Who are the investors of Firm58?

    Investors of Firm58 include IgniteTech, ESW Capital, Pritzker Group Venture Capital, North Bridge Venture Partners and Elevation Capital.

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.