Arcesium, a leading global financial technology provider to the investment industry, announced the acquisition of Stockholm-based portfolio and order management systems provider Limina to create a comprehensive front-to-back operating platform. Merging Limina’s P/OMS with existing middle- and back-office solutions eliminates legacy fragmentation and links siloed data for asset managers, hedge funds, and asset owners. The combined offering provides the speed and insight necessary to function intelligently across asset classes and global markets.
Creating a Unified Front-to-Back Investment Platform
The entire Limina workforce joins Arcesium to advance product development and optimize the pre- and post-investment journey for financial firms. Limina CEO Kristoffer Fürst transitions to Arcesium, reporting to President of Product and Technology Bryan Dougherty.
Strengthening Product Capabilities and Talent
“This marks a watershed moment for Arcesium as we complete our first acquisition and welcome the talented people at Limina to our team,” commented Gaurav Suri, CEO, Arcesium. “Both firms sprouted from trading floors, bringing a commitment to solving real client challenges, a deep understanding of sophisticated investment operations, and a culture rooted in continuous improvement. With the addition of Limina’s front-office solutions, Arcesium will expand its global client relationships, providing investment firms with the integrated technology they need to scale their strategies amid increasing market complexity.”
Limina’s cloud-native design and multi-asset coverage complement Arcesium’s enterprise data management and back-office technology. The modular operating model transforms data-based workflows and enables unrestricted growth through an end-to-end platform.
“For more than a decade, Limina has been challenging the status quo and shaping a new era of investment management technology. We are thrilled to join Arcesium and bring our teams together to provide our collective clients with a more comprehensive front-to-back offering and access to industry-leading expertise across every aspect of the investment lifecycle” said Limina Founder & CEO, Kristoffer Fürst. “Whether the goal for investment managers is to improve scalability, launch new products to market faster, or adapt dynamically to evolving conditions, the key enabler is having unified workflows from a single platform and a consistent source of reliable data to efficiently and confidently manage their investment processes. Together, Arcesium and Limina make that possible through a modern, user-centric experience that delivers maximum efficiency and intraday visibility across the investment lifecycle.”
Accelerating Global Expansion and Market Reach
The acquisition bolsters European market penetration and positions Arcesium for continued growth in the U.S. and other international markets. The expansion follows the recent establishment of offices in Hong Kong and Lisbon. OPCO Advisory Services and Zelig Associates served as transaction advisors.