Lumesis provides a platform of economic and demographic data to help municipal fixed income professionals identify risks in portfolios, recognize opportunities in the market, and enhance decision-making. Through DIVER (Demographic Information Visualization for Economic Research) and a CDM (Continuing Disclosure Management) service, the company offers a web-based research tool that allows portfolio managers, credit analysts, risk managers, investment bankers, academia and other industry professionals to evaluate portfolios or a single CUSIP (Committee on Uniform Securities Identification Procedures) number against an aggregated database of demographic and economic indicators providing insights into the underlying financial health of an issuer. The company was founded in 2010 and is based in Stamford, Connecticut. In September 2022, Lumesis was acquired by Solve Advisors. The terms of the transaction were not disclosed.
Expert Collections containing Lumesis
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Lumesis is included in 3 Expert Collections, including Wealth Tech.
Companies and startups in this collection digitize & streamline the delivery of wealth management. Included: Startups that offer technology-enabled tools for active and passive wealth management for retail investors and advisors.
Capital Markets Tech
Companies in this collection provide software and/or services to institutions participating in primary and secondary capital markets: institutional investors, hedge funds, asset managers, investment banks, and companies.
Companies and startups in this collection provide technology to streamline, improve, and transform financial services, products, and operations for individuals and businesses.
Lumesis has filed 4 patents.
Financial markets, Derivatives (finance), Securities (finance)
Financial markets, Derivatives (finance), Securities (finance)
Latest Lumesis News
Sep 29, 2022
Lumesis’ DIVER Product Suite Broadens the Reach of SOLVE’S Market Data Platform September 29, 2022 09:00 ET Rockville Centre, New York ROCKVILLE CENTRE, N.Y., Sept. 29, 2022 (GLOBE NEWSWIRE) -- SOLVE Advisors, Inc ., a market data platform provider for fixed income securities, today announced that it has acquired Lumesis. The Lumesis DIVER product suite is a leading municipal bond solution allowing clients to track primary and secondary municipal bond markets, support the new issue pricing process and satisfy new issue “reasonable diligence” and retail time of trade regulatory requirements. DIVER will be integrated into SOLVE’s Market Data Platform, expanding its reach across all key asset classes – corporate credit, securitized products, and municipals. This follows SOLVE acquisitions of Advantage Data and Best Credit Data earlier this year. Industry-leading firms today trust SOLVE to reduce the risk of having incomplete or stale price data and save hundreds of hours in pre- and post-trade research and validation. SOLVE will integrate Lumesis’ products, operations and teams into its existing organization. The DIVER product suite, upon integration, will bolster SOLVE’S Market Data Platform with additional municipal asset class workflow, analytics tied to price transparency and regulatory-related solutions. “We are thrilled to welcome the Lumesis team into the SOLVE family. By adding the best-in-class Lumesis DIVER product suite to SOLVE’S platform, our customers will now have access to unmatched municipal bond data and analytics,” said SOLVE CEO Eugene Grinberg. “This is another important milestone for SOLVE as we continue to scale the business.” Lumesis co-founders Gregg Bienstock and Tim Stevens and Lumesis’ employees will join the SOLVE team. “We are excited to join SOLVE and look forward to leveraging our collective multi-asset class fixed income market expertise to broaden the reach of DIVER within SOLVE’S Market Data Platform,” said Gregg Bienstock. “The complementary nature of our data, analytics and market presence make this an exciting opportunity to leverage our respective strengths to deliver urgently needed solutions for the fixed income markets,” said Tim Stevens. About SOLVE Advisors, Inc. SOLVE is a leading market data platform provider for fixed-income securities. Industry-leading firms trust the SOLVE Market Data Platform, powered by Deep Market Insight™, to reduce risk for securities investments and save hundreds of hours in pre- and post-trade research and validation. Founded in 2011, SOLVE has developed the largest datasets of real-time bids, offers and market color across Structured Products, Corporate Bonds, Syndicated Bank Loans, Convertible Bonds, CDS, and Municipal Bonds. With locations in the US, UK, India, Caribbean, and APAC, SOLVE is the leading provider of market pricing in fixed-income markets. The SOLVE market data platform aggregates real-time bids, offers, BWIC price talk and covers, and other market data, helping to provide unparalleled price transparency and liquidity monitoring. The powerful workflow tools eliminate the hassle of the BWIC process, consolidate dealer inventories and two-way markets, and streamline month-end for the back office. The SOLVE team, headed by Co-Founders Eugene Grinberg and Gerard Nealon, has extensive expertise and passion for financial markets and developing innovative technology. More information about SOLVE can be found at www.solveadvisors.com About Lumesis Inc. Lumesis provides software and data solutions for the US municipal market. Founded in 2010, the DIVER platform serves constituents across the municipal market with business and regulatory solutions. The DIVER platform serves thousands of users across its diverse client base of banks, broker-dealers, municipal advisors, investment advisors, institutional investors and issuers. Media Contact: Tony Keller, email@example.com
Lumesis Frequently Asked Questions (FAQ)
When was Lumesis founded?
Lumesis was founded in 2010.
Where is Lumesis's headquarters?
Lumesis's headquarters is located at One Atlantic Street, Stamford.
What is Lumesis's latest funding round?
Lumesis's latest funding round is Acquired.
How much did Lumesis raise?
Lumesis raised a total of $7.16M.
Who are the investors of Lumesis?
Investors of Lumesis include Solve Advisors, Paycheck Protection Program, Safeguard Scientifics, NextStage Capital and Jim Ashton.