Ortec Finance

What Ortec Finance does

Ortec Finance B.V. is a privately held Dutch-headquartered technology and advisory provider specializing in risk and return management for institutional investors. Founded in 1981/1982 in Rotterdam and operating from seven global offices (Rotterdam, Amsterdam, London, Zürich, Toronto, New York, Melbourne), the company serves more than 600 clients across 20+ countries whose portfolios collectively manage over EUR 14 trillion. The platform is anchored on an Economic Scenario Generator (OFS/DSG) covering 600+ risk drivers worldwide, which feeds the GLASS Asset & Liability Management (ALM) simulation engine and supporting modules: PEARL for performance measurement and attribution, OPAL for goals-based wealth planning, ClimateMAPS for climate scenario analysis, Total Portfolio Lens for whole-fund analytics, and the recently launched GLASS PRISM for Strategic Asset Allocation optimization powered by proprietary Scenario-Based Machine Learning (SBML) methodology.

The company's primary go-to-market is enterprise field sales — direct engagement with pension funds, insurance companies, asset managers, and sovereign wealth funds via dedicated regional Managing Directors and Sales Directors in North America, EMEA, the UK, Switzerland, and Asia-Pacific, supplemented by a robust program of webinars, panel discussions, and industry conferences. Revenue is generated through multi-year subscription-licensing of the software suite, complemented by professional services including ALM studies, strategic risk assessments, and bespoke advisory engagements. The customer base is concentrated in institutional verticals, with logos including a.s.r., New Zealand Superannuation Fund, M&G Investments, PNC Institutional Asset Management, ING, Skandia, ABN AMRO, CBUS Super, and PKZH. The company reports a 96% customer retention rate and 93.5% high-satisfaction rating (6-7 on a 7-point scale), supporting the view of a deeply embedded, high-switching-cost install base.

Independent ownership has been maintained across 40+ years of operation, with leadership including CEO Ton van Welie, CFO Gwen van Berne, COO Martijn Vos, CIO Hens Steehouwer, CCO Jelmer Brons, and CTO Milan Seijbel (heading R&D Labs). Recent strategic activity centers on (i) the March 2026 GLASS PRISM product launch introducing SBML into SAA optimization, (ii) the January 2026 strategic partnership with Rimes to embed PEARL via two-way data connectivity, and (iii) ongoing geographic formalization in Asia-Pacific plus regulatory-driven productization such as the Dutch Wtp Kompas tool for pension outcome monitoring.

Name

Ortec Finance

Legal name

Ortec Finance B.V.

Website

https://ortecfinance.com

Company type

Private

Founded year

1982

Operating status

Operating

Headcount range

251–500 employees

Short description

Ortec Finance is a Dutch-headquartered, privately held technology and advisory provider offering ALM simulation, economic scenario generation, performance attribution, and ML-driven strategic asset allocation software to 600+ institutional investors across 20+ countries.

Ownership category

akta.pro rank

Product category

Financial Risk Management Software

NAICS

Portfolio Management and Investment Advice (523940), Portfolio Management and Investment Advice (52394), Finance and Insurance (52)

SIC

Investment Advice (6282)

akta.pro primary industry

Digital Wealth Platforms for Advisors (TAMP/Advisor Tech) (FSAGAEAH)

akta.pro secondary industry

Managed Account Platforms (Separately Managed Accounts / Customized Portfolios) (FSAHAKAC)

Keywords

• Asset liability management
• Risk return management
• Investment decision software
• Economic scenario generation
• Performance measurement attribution

Headquarters

HQ city

Rotterdam

HQ country

Netherlands

HQ region

Europe

Offices8 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure

Revenue model

1. Software Licensing and Subscriptions: Ortec Finance provides software solutions (GLASS, PEARL, OPAL, OFS/DSG, GLASS PRISM, ClimateMAPS, Total Portfolio Lens, Risk Navigator) to institutional investors. As a software provider of technology and IT solutions, the primary revenue model centers on software licensing, likely with subscription and maintenance components, delivered alongside consulting and advisory services.
2. Professional Services and Advisory: Ortec Finance offers consulting services including ALM studies, strategic risk management assessments, and bespoke advisory engagements. The company provides service packages alongside its software products, including on-site support and analysis delivered by a team of consultants.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels9 records

Core offering

Ortec Finance develops and sells proprietary technology and advisory solutions for risk and return management targeted at institutional investors. The core offering centers on the GLASS Asset & Liability Management platform, the OFS/DSG Economic Scenario Generator, performance measurement (PEARL), goals-based planning (OPAL), and Scenario-Based Machine Learning (SBML)-driven Strategic Asset Allocation optimization (GLASS PRISM). These are delivered alongside consulting and advisory services to pension funds, insurers, asset managers, sovereign wealth funds, banks, and wealth managers.

Product overview

Ortec Finance provides a comprehensive suite of technology and solutions for risk and return management for institutional investors. The core platform consists of GLASS, an ALM and Strategic Risk Management solution, which serves as the foundation for asset-liability management, scenario generation, and strategic planning. This is complemented by the Ortec Finance Scenarioset (OFS) and Dynamic Scenario Generator (DSG) for consistent stochastic scenario generation. Key modules include PEARL for performance measurement and attribution, OPAL/OPAL Engine for goals-based wealth planning, Risk Navigator for strategic risk monitoring, ClimateMAPS for climate scenario analysis, and Total Portfolio Lens (TPL) for holistic risk management. The product portfolio addresses pension funds, insurance companies, asset managers, sovereign wealth funds, banks, wealth managers, and housing associations across global markets.

Differentiator

Problem solved

Functional benefit

Products and services

• GLASS ALM and Strategic Risk Management solution that improves financial decision-making by simulating short and long-term effects of strategic investment decisions based on a total balance sheet approach, supporting ALM analyses, short-term risk monitoring, optimization of investment policies, and risk factor decomposition for pension funds, insurers, and sovereign wealth funds.
• GLASS PRISM Strategic Asset Allocation optimization tool powered by Scenario-Based Machine Learning methodology, applying machine learning within a forward-looking, multi-scenario framework to enable more adaptive and robust investment strategies for institutional investors.
• GLASS for Insurance Global Asset & Liability Simulation software supported by Real-World & Risk-Neutral Economic Scenario Generator for insurers, enabling decision makers to understand risk and return consequences of management actions based on a total balance sheet approach.
• GLASS for Pension Funds ALM and Strategic Risk Management software that facilitates ALM analyses, short-term risk monitoring, optimization of investment policies, and risk factor decomposition for pension funds.
• OFS (Ortec Finance Scenarioset) Provides consistent, realistic and up-to-date stochastic scenarios with worldwide coverage for long, medium and short-term horizons, covering more than 600 risk drivers, and used as the foundation for all forward-looking solutions.
• PEARL Performance measurement and attribution solution for pension funds, sovereign wealth funds, and asset managers, providing recognized tools for analyzing investment decision-making.
• OPAL (Goals-Based Planning) Goals-based wealth planning solution that helps financial institutions translate clients' personal goals into optimal financial plans and monitor them over time.
• Risk Navigator Strategic Risk Management service providing a complete overview of financial risks for pension funds through an integrated ALM simulation model.
• Economic Scenario Generator High-quality scenario generation tool with over 400 variables covering both public and private asset classes across all major regions for investment and risk management purposes.
• Risk-Neutral Scenarios Risk-neutral (arbitrage-free) scenarios for valuation purposes, enabling actuaries and finance professionals to perform market-consistent valuations of financial options for insurance liabilities.
• ClimateMAPS (Climate Scenarios and Sustainability) Climate scenario analysis solution that integrates the latest climate knowledge and research into investment decision-making technology for assessing climate-related risks.
• Total Portfolio Lens (TPL) Built for investors navigating whole-fund complexity, connecting forward-looking analytics to action and allowing investors to evolve at a pace that fits their governance and readiness.
• Wtp Kompas Tool for pension outcome monitoring, risk insights and communication for better governance under the Dutch Wtp pension system.

Quantifiable outcome

• 96% customer retention rate
• +5 more outcomes

Named customers11 records

Segments8 records

Ideal customer profiles6 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

AI capability3 records

Feature7 records

Partnerships

One partnership is on record.

• RimescoreTechnology or Integration · 29 January 2026Rimes, an enterprise data management and investment intelligence solutions provider, announced a strategic partnership with Ortec Finance to expand specialized analytics, data, and operational capabilities for clients. Ortec Finance provides performance and attribution use cases through two-way data connectivity with its PEARL software, enabling more integrated workflows and improved data-driven decisions across the investment lifecycle. Rimes reports it supports more than USD $75 trillion in assets under management annually for leading institutional investors, asset managers, and service providers.

Scale indicators7 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• MSCI: MSCI is a global provider of investment decision tools (RiskMetrics, Barra, ESG ratings) to institutional asset managers and asset owners. Ortec competes with MSCI's risk and analytics suite across ALM, performance attribution, and ESG/climate scenarios for pension and sovereign wealth clients.
• FactSet: FactSet provides portfolio analytics, performance attribution, and risk reporting tools to institutional investors. It overlaps with Ortec's PEARL attribution and broader performance/analytics workflows for pension funds, asset managers, and sovereign wealth funds.
• Bloomberg Terminal (Portfolio & Risk Analytics): Bloomberg's PORT and risk analytics functions provide portfolio and risk analytics for institutional buy-side firms. Its scale, data depth, and embedded terminal workflow compete with Ortec's analytics offerings across institutional segments.
• BlackRock Aladdin: Aladdin is BlackRock's enterprise investment platform offering risk analytics, portfolio management, and trading integration; increasingly offered to third-party institutional asset managers and owners, overlapping with Ortec's addressable market.
• Moody's Analytics: Moody's Analytics provides economic scenario generation, ALM, and risk modeling software for insurers and pension funds. Its ESG and climate risk solutions (e.g., Moody's Climate Solutions) directly compete with Ortec's ClimateMAPS.
• Charles River Development (State Street): Charles River's investment management platform supports front-to-back office workflows for asset managers and asset owners. Its risk, compliance, and performance capabilities overlap with Ortec's analytics offerings.
• Murex: Murex provides a cross-asset trading, risk, and post-trade platform for financial institutions, including insurers and asset managers. It competes with parts of Ortec's stack in the ALM and risk management workflows.
• FIS (CoCoNet / ALM solutions): FIS (via acquired SunGard and other lines) offers ALM, treasury, and risk management software used by banks and insurers. Its capabilities overlap with Ortec's GLASS and broader ALM/stochastic modeling suite.

Direct peers

• SimCorp: SimCorp (acquired by Deutsche Börse) provides an investment management platform used by asset managers, insurers, and pension funds for portfolio accounting, risk, compliance, and analytics. It directly competes with Ortec in serving large institutional investors with end-to-end workflows.
• Wolters Kluwer (OneSumX for ALM): Wolters Kluwer's OneSumX for ALM is a primary competitor to Ortec's GLASS, targeting insurers and pension funds with asset-liability modeling, financial reporting, and regulatory capital calculations (Solvency II, IFRS 17).

Market position

Strengths5 records

Weaknesses4 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

• YouTubevimeo.com/user89960906
• LinkedInlinkedin.com/company/ortec-finance
• Instagraminstagram.com/ortecfinance
• Xx.com/ortecfinance

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles18 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Ortec Finance