September 22, 2017 3:10 PM ET

Software

Company Overview of Electra Information Systems, Inc.

Company Overview

Electra Information Systems, Inc. provides post trade processing solutions for the financial services industry. The company offers trade settlement, reconciliation, data acquisition and transformation, and client fee billing solutions. It caters to asset and institutional investment managers, hedge funds, insurance companies, plan sponsors, and fund administrators. Electra Information Systems, Inc. was founded in 1998 and is headquartered in New York, New York with additional offices in St. Petersburg, Florida and London, United Kingdom.

381 Park Avenue South

New York, NY 10016

United States

Founded in 1998

Phone:

212-696-1595

Fax:

212-696-1599

Key Executives for Electra Information Systems, Inc.

Chairman and Chief Executive Officer
Chief Operating Officer
Age: 58
Managing Director
Managing Director of Europe, The Middle East and Africa (EMEA)
Director of Relationship Management & Strategic Alliances
Compensation as of Fiscal Year 2017.

Electra Information Systems, Inc. Key Developments

Linedata Services SA and Electra Information Systems, Inc. Announces Integration of Global Hedge Portfolio Manager with Electra Reconciliation

Linedata Services SA and Electra Information Systems, Inc. have announced the integration of Electra Reconciliation and Linedata Global Hedge Portfolio Manager. The creation of a purpose-built interface between Electra Reconciliation and the Linedata platform provides hedge fund managers with immediate integration through an adapter created and supported by both Linedata and Electra assuring reliable and continued interoperability. Traditional account reconciliation (positions, transactions and cash) and management of non-standard matching and reconciliation such as system-to-system, P&L, collateral, security master data and pricing data are now easily achieved for Linedata users. The combination of Electra Reconciliation with Linedata Global Hedge Portfolio Manager enables efficient operations by automating the identification of exceptions and by providing greater visibility into the exception management process. Electra Reconciliation automates and simplifies reconciliation processes, reducing overhead costs and associated operational risks. This includes the recent introduction of an intuitive NAV/TPV (net asset value/total portfolio valuation) workspace, benefitting investment managers who struggle to reconcile a portfolio's NAV-a critical component of client billing and reporting. Before the integration of Electra Reconciliation with Linedata Global Hedge, asset managers were responsible for developing the necessary data extracts to conduct reconciliations independently, often in spreadsheets. This created duplicate processes, leading to costly and time consuming errors in portfolio reconciliations.

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Recent Private Companies Transactions

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Date
Target
No transactions available in the past 12 months.
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