About Smonik Systems
Smonik Systems' suite of products help alternative investment firms like hedge funds, fund administrators, and asset managers to streamline their back-office and middle-office operations. It provides a platform of integrated solutions focused on improving efficiency and control in investment operations. The company was founded in 2011 and is based in Needham, Massachusetts. On July 26th, 2022, Smonik Systems was acquired by Dynamo Software. Terms of the transaction were not disclosed.
Latest Smonik Systems News
Jul 27, 2022
Dynamo Software acquires Smonik Systems Submitted 27/07/2022 - 10:14am Dynamo Software, a provider of end-to-end cloud software solutions for the alternative investment management industry, has acquired data management specialist Smonik Systems. Smonik’s automated products for data collection, extraction, validation, and reconciliation will now be added to Synamo's platform. Endowments, foundations, pensions, family offices, and funds of funds (FOF), will benefit from Smonik’s ability to reduce or completely eliminate manual data entry and processing. For example, with Smonik’s software, LPs can automate the collection and extraction of data for all investment types – including alternatives – while also adopting a data-agnostic approach to reconcile any two data sets. Like this article? Sign up to our free newsletter Author Profile Related Topics Deals Intelligence
Smonik Systems Frequently Asked Questions (FAQ)
When was Smonik Systems founded?
Smonik Systems was founded in 2011.
Where is Smonik Systems's headquarters?
Smonik Systems's headquarters is located at 117 Kendrick St, Needham.
What is Smonik Systems's latest funding round?
Smonik Systems's latest funding round is Acquired.
Who are the investors of Smonik Systems?
Investors of Smonik Systems include Dynamo Software.
Who are Smonik Systems's competitors?
Competitors of Smonik Systems include Canoe Intelligence.
Compare Smonik Systems to Competitors
Automated Insights (Ai) transforms Big Data into written reports with the depth of analysis, personality, and variability of a human writer. It also offers applications that run on its Wordsmith platform, including the recently launched Wordsmith for Marketing, which enables marketing agencies to automate reporting for clients. The company was founded in 2007 and is based in Durham, North Carolina.
Private Client Resources, also known as PCR, is a financial technology company operating in the wealth management sector. The company provides financial aggregation services, focusing on the consolidation of custodial and alternative investment data into investment management systems. PCR primarily serves the financial services industry, including private banks, investment advisors, and wealth tech providers. It was founded in 2000 and is based in Wilton, Connecticut.
Hyperscience develops an intelligent document processing platform. It automates any types of business processes and provides solutions for industries such as financial services, insurance, healthcare, and government organizations. The company was founded in 2014 and is based in New York, New York.
Xceptor is a company that focuses on data automation, primarily serving the financial sector. The company offers a platform that enables financial institutions to automate complex data processes, including data extraction, transformation, and digitization. This platform is used to streamline post-trade operational processes, manage tax and data-driven requirements, and automate reconciliations from simple to complex scenarios. It was founded in 2003 and is based in London, England.
Laserfiche is a company that specializes in intelligent content management and business process automation, operating within the software as a service (SaaS) industry. The company's main offerings include powerful workflows, electronic forms, document management, and analytics, all designed to eliminate manual processes and automate repetitive tasks, thereby accelerating business operations. Laserfiche primarily serves sectors such as government, education, financial services, and manufacturing. It is based in Long Beach, California.
Accelex provides data acquisition, analytics, and reporting solutions for alternative investors and asset servicers. It allows clients to automate the accessing, extracting, organizing, and analyzing of data from alternative investment portfolios. The company was founded in 2018 and is based in London, United Kingdom.