Mediant
Mediant provides investor communications technology and solutions to banks, brokers, corporations, and funds, operating within the BetaNXT wealth management platform that delivers trading, settlement, asset servicing, and AI-driven solutions to broker-dealers, wealth managers, issuers, and asset managers.
- Company typePrivate
- Founded2002
- HeadquartersNew York, United States
- Headcount501–1,000
- GTM typeB2B
- OfferingSoftware
What Mediant does
Mediant, founded in 2002 and headquartered in New York, is a provider of investor communications technology and technology-enabled solutions to banks, brokers, corporations, and funds. Within the broader BetaNXT wealth management platform, the company operates a unified suite covering trading and settlement, asset servicing, investor communications, and AI/data services for broker-dealers, wealth managers, asset managers, and corporate issuers.
The product architecture is anchored by specialized modules: InsightX serves as a centralized enterprise AI hub for data aggregation, workflow automation, business intelligence, and predictive analytics; Val applies AI validation to documents, data, and workflows via rules-based intelligence; DataXChange is a cloud-based real-time data management platform; CastX handles corporate actions automation; TrustWealthX supports trust, brokerage, and wealth management operations; and RetainX delivers AI-driven client and advisor retention. Supporting functions include pass-through voting (developed with Tumelo for Vanguard's Investor Choice Program) and the BetaNXT AI Innovation Lab, which targets AI solution delivery cycles as short as 90 days. Leadership includes founder Paul Torre, CEO Bob Santella, CMO Laura Barger, President and COO Sherry Moreland, CFO William Lauricella, CISO Stacey Robinson, CAO Antal Foldi, and CCO Lisa Warren.
Revenue is generated through enterprise software licensing and platform fees on a recurring subscription basis via a quote-based direct enterprise sales model targeting regulated financial services firms. The company has raised approximately $30.3 million in disclosed funding across 2013–2020, with The Argentum Group as a repeat lead investor alongside First Analysis, Compo Seven Capital, and Mathers Associates, and acquired Mobular Technologies in 2013 to extend technology capability.
Mediant firmographics
Firmographics- Name
- Mediant
- Legal name
- BetaNXT Inc.
- Website
- https://mediant.com
- Company type
- Private
- Founded year
- 2002
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- Mediant provides investor communications technology and solutions to banks, brokers, corporations, and funds, operating within the BetaNXT wealth management platform that delivers trading, settlement, asset servicing, and AI-driven solutions to broker-dealers, wealth managers, issuers, and asset managers.
- Ownership category
- akta.pro rank
Mediant industry classification
Industry- Product category
- Investor Communications Technology
- NAICS
- Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (51821)
- SIC
- Services-Computer Programming, Data Processing, Etc. (7370)
- akta.pro primary industry
- Electronic/Direct Market Access (DMA) & Sponsored Access (FSACAFAI)
Keywords
Where Mediant is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Markets served
Mediant business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales
Revenue model
- Enterprise Software Solutions: BetaNXT provides comprehensive wealth management solutions including trading & settlement, asset servicing, investor communications, and AI & data services. Revenue is generated through enterprise software licensing and platform fees for their integrated wealth management solutions.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels5 records
Mediant product offering
Product offeringCore offering
Mediant is a provider of investor communications technology and technology-enabled solutions to banks, brokers, corporations, and funds. The company delivers technology and services that support shareholder meeting management, proxy voting, regulatory disclosure, and related investor relations workflows for financial institutions and corporate issuers.
Product overview
BetaNXT is a wealth management enterprise solutions provider offering a unified platform architecture with multiple integrated products. The core portfolio includes InsightX (enterprise AI platform for data aggregation, workflow automation, business intelligence, and predictive analytics), Val (AI validation for documents/data/workflows), DataXChange (cloud-based real-time data management), Pass-Through Voting, CastX (corporate actions management), TrustWealthX (trust and wealth management), and RetainX (AI-driven client/advisor retention). Supporting capabilities include Trading & Settlement, Asset Servicing, and Investor Communications solutions. The platform serves broker-dealers, wealth managers, asset managers, advisors, and corporate issuers with an end-to-end securities processing, tax, and investor communications solution.
Differentiator
Problem solved
Functional benefit
Brands
- InsightX: Centralized enterprise AI platform that acts as a hub for data and intelligence, built for regulated firms' business realities
- Val
- DataXChange
- TrustWealthX
- CastX
- RetainX
- Pass-Through Voting
Products and services
- Investor Communications Solutions
Quantifiable outcome
- AI Innovation Lab promises to deliver solutions in as little as 90 days
- +1 more outcomes
Companies that use Mediant
Customer profileNamed customers1 record
Segments4 records
Ideal customer profiles1 record
Mediant technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability5 records
Feature7 records
Mediant partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core.
- DeepSeecoreBetaNXT announced strategic partnership with DeepSee to advance AI-driven client and advisor retention. The partnership launched RetainX, an AI-driven solution aimed at enhancing client and advisor retention for wealth management firms. This represents a core strategic initiative for BetaNXT's AI portfolio expansion.
- TumelocoreBetaNXT partnered with Tumelo to develop an innovative Pass-Through Voting Solution for Vanguard's Investor Choice Program. The solution simplifies the proxy voting process for investors in participating Vanguard funds, combining BetaNXT's platform capabilities with Tumelo's voting technology.
- VanguardcoreBetaNXT supports Vanguard's Investor Choice Program through the partnership with Tumelo, providing pass-through voting capabilities that enhance transparency and engagement while streamlining operations and ensuring compliance with evolving regulatory standards.
Scale indicators1 record
Recent moves6 records
Expansion highlights5 records
Mediant competitors and assessment
Company assessmentMarket position
Competitive moat6 records
Key risks5 records
Key highlights5 records
Customer concentration
Mediant social profiles
Digital presenceMediant financial estimates
Financial estimateRevenue estimate
Valuation estimate
Mediant leadership team
Management profileNumber of profiles
Profiles6 records
Mediant funding detail
Funding detailFunding overview
Funding rounds4 records
Investors4 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Mediant M&A and investment
M&A and investmentM&A1 record
Investments1 record
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Mediant
What does Mediant do?
Mediant is a provider of investor communications technology and technology-enabled solutions to banks, brokers, corporations, and funds. The company delivers technology and services that support shareholder meeting management, proxy voting, regulatory disclosure, and related investor relations workflows for financial institutions and corporate issuers.
Is Mediant a public or private company?
Mediant is a private company. It is classified as venture growth investor backed and is currently operating.
When was Mediant founded?
Mediant was founded in 2002. It employs 501 to 1,000 people.
Where is Mediant based?
Mediant is headquartered in New York, United States, in the North America region.
How does Mediant make money?
One revenue line is on record: enterprise Software Solutions.
Does Mediant have an API?
No public API is recorded for Mediant.
What industry is Mediant in?
Mediant's product category is Investor Communications Technology. Its primary akta.pro industry code is FSACAFAI, Electronic/Direct Market Access (DMA) & Sponsored Access. Its NAICS code is 518 and its SIC code is 7370.