What Fi-Tek does

Fi-Tek, LLC is a privately held financial technology company founded in 1998 by Subir Chatterjee, headquartered in Edison, New Jersey, with a global development center in Kolkata, India and six additional US offices. The company develops and licenses integrated enterprise software platforms serving wealth management, hedge fund investor accounting, and family office segments. Its three core products are Global WealthES™ (an end-to-end wealth management platform covering financial planning, investment management, portfolio accounting, securities processing, compliance, reporting, and client portals), HedgeTek® (investor accounting and partnership allocation for hedge funds, fund of funds, and private equity with master-feeder, side-pocket, and multi-currency support), and Rockit® Solutions (family office technology acquired from Rockefeller & Co. in 2016). The platforms are built on web-based architecture with extensive integration capabilities, including FIX protocol connectivity to 400+ brokers, SWIFT/XML messaging, settlement in 80+ markets, and 80+ interfaces to external systems.

The company generates revenue through four streams: software licensing/subscription for its core platforms, managed services via the OpsSourcing model (combining Fi-Tek software with First State Trust Company trust services), cloud hosting with 99.5% uptime guarantees in SSAE-compliant data centers, and professional services for implementation and ongoing support. Fi-Tek employs 350+ professionals and serves 450+ clients worldwide — including private banks, trust banks, hedge fund administrators (5 of the top 10), wealth managers, broker-dealers, family offices, and RIAs — with over $1.3 trillion in combined assets under administration across its technology platforms. The go-to-market model combines enterprise field sales, an annual Wealth Technology Conference in New York City (150+ attendees), industry event participation (SIFMA Tech, ABA), and thought leadership content including a Digital Assets Newsletter. Recent strategic emphasis includes the March 2026 launch of GWiz, an agentic AI solution with 40+ AI-driven use cases built atop Global WealthES.

Name

Fi-Tek

Legal name

Fi-Tek, LLC

Website

https://fi-tek.com

Company type

Private

Founded year

1998

Operating status

Operating

Headcount range

251–500 employees

Short description

Fi-Tek is a private financial technology company that provides integrated enterprise software platforms — Global WealthES, HedgeTek, and Rockit Solutions — for wealth management, hedge fund investor accounting, and family office operations, serving 450+ financial institutions with $1.3+ trillion in combined assets under administration.

Ownership category

akta.pro rank

Product category

Wealth Management Software

NAICS

Trusts, Estates, and Agency Accounts (525920), Portfolio Management and Investment Advice (523940)

akta.pro primary industry

Trust Administration & Fiduciary Accounting Services (FSAAANAF)

akta.pro secondary industries

Family Office Trust & Fiduciary Services (FSAEAKAF), Fiduciary Investment Management (Trust Portfolios) (FSAEAKAI), Trust & Fiduciary Advisory for HNW/UHNW (Trust Structuring & Trustee Oversight) (FSAAABAF)

Keywords

• Wealth management software
• Hedge fund investor accounting
• Trust bank platform
• Family office technology
• Partnership allocation system

Headquarters

HQ city

Edison

HQ country

United States

HQ region

North America

Offices7 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Software Licensing/Subscription: Fi-Tek provides enterprise software platforms (Global WealthES, HedgeTek, Rockit Solutions) to financial institutions on a subscription or licensing basis. The platforms handle wealth management, hedge fund investor accounting, and family office operations.
2. OpsSourcing Services: Fully integrated outsourcing solution combining Fi-Tek's wealth management software with services from First State Trust Company. Helps clients reduce operating expenses by 30%-50% while providing disaster recovery and business continuity.
3. Cloud Services: Hosted solutions including Hosted Global WealthES, Hosted Data Recovery, Hosted Client Internet Access. Delivered through SAS70/SSAE16 compliant data centers with 99.5% uptime guarantee.
4. Professional Services: Implementation services, training, and support for platform deployment. Includes consulting for system conversion and ongoing operational support.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

Fi-Tek develops and licenses integrated enterprise software platforms for the wealth management, hedge fund, and family office industries. Its core products — Global WealthES™ (formerly TrustPortal®), HedgeTek®, and Rockit® Solutions — cover end-to-end securities processing, trust accounting, investor allocation, and partnership accounting, sold primarily as subscriptions to over 450 financial institutions worldwide.

Product overview

Fi-Tek offers a portfolio of integrated fintech products serving the wealth management and alternative investments markets. The core platform is Global WealthES™ (formerly TrustPortal®), an enterprise-level integrated wealth management solution providing end-to-end straight-through processing for financial institutions including private banks, trust banks, wealth managers, broker-dealers, family offices, and RIAs. Complementing this is HedgeTek®, a specialized investor accounting and partnership allocation system for hedge funds and securities partnerships with support for master-feeder structures and multi-currency processing. Rockit® Solutions, acquired from Rockefeller in 2016, extends family office capabilities for single and multi-family offices. The product suite is delivered through cloud-hosted services and an OpsSourcing model combining software with trust services. Recent AI innovation includes GWiz, an agentic AI solution enhancing the GWES platform with intelligent document processing and knowledge retrieval capabilities.

Differentiator

Problem solved

Functional benefit

Brands

• Global WealthES™: Comprehensive and integrated Wealth Management solution for large and medium-sized financial institutions enabling end-to-end straight-through processing. Formerly known as TrustPortal.
• HedgeTek®
• Rockit® Solutions
• TrustPortal®

Products and services

• Global WealthES™ Comprehensive integrated wealth management platform for large and medium-sized financial institutions enabling end-to-end straight-through processing across financial planning, account enrollment, investment management, account administration, portfolio accounting, securities processing, automated compliance review, reporting, client portal, and business intelligence.
• HedgeTek® Investor accounting and partnership allocation system handling multi-class investments, liquidity fees, dual book and tax allocation for hedge funds, fund of funds, and securities partnerships, with support for master-feeder structures and side pocket functionality.
• Rockit® Solutions Technology-enabled family office service provider for single and multi-family offices, investment advisors, RIAs, and other financial institutions, with sophisticated dashboards, data aggregation, flexible reporting, integrated general ledger, and partnership accounting.
• OpsSourcing Fully integrated outsourcing solution combining Fi-Tek's wealth management software with First State Trust Company's trust affiliate services for custody security processing, trust accounting, client reporting, cash management, administration, fee processing, and distribution processing.
• Cloud Services Hosted cloud services including Hosted Global WealthES platform, Hosted Data Recovery, and Hosted Client Internet Access, delivered through SAS-70/SSAE16 compliant data centers with 99.5% uptime guarantee and 24/7 emergency support.

Quantifiable outcome

• Operating expense reduction of 30%-50% through OpsSourcing solution
• +4 more outcomes

Named customers6 records

Segments8 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration8 records

AI capability8 records

Feature8 records

Partnerships

Six partnerships are on record, tiered core.

• BetaNXTcoreStrategic or Co-development Partner · 25 March 2025BetaNXT and Fi-Tek partnered to introduce TrustWealthX, enabling financial services organizations to streamline operations and workflows across trust and non-trust business lines. The integration provides a unified view of brokerage, advisory, and trust account investments with real-time data capabilities.
• Rockefeller & Co.coreStrategic or Co-development Partner · 1 February 2016Rockefeller & Co. and Fi-Tek announced acquisition of Rockit Solutions business from Rockefeller. Rockefeller entered into long-term services arrangement with Fi-Tek for ongoing information management services. Rockit Solutions became wholly-owned subsidiary of Fi-Tek.
• InspereXcoreTechnology or IntegrationStrategic partnership to integrate InspereX's BondNav fixed income trading platform with Fi-Tek's GWES system for seamless straight-through trade processing of fixed income instruments. Creates unified location for portfolio management, trading execution, and post-trade analysis.
• First State Trust CompanycoreStrategic or Co-development PartnerHighly experienced trust affiliate providing fiduciary and trust services as part of Fi-Tek's OpsSourcing platform. The fully integrated outsourcing solution combines Fi-Tek's wealth management software with First State Trust Company's services.
• Northern TrustcoreChannel Partner/ Reseller/ DistributorLong-term technology partnership with Northern Trust to support managed account solutions programs. Fi-Tek co-hosted TrustPortal Conference with Northern Trust in 2013. Northern Trust's clients include trust and community banks using Fi-Tek's platforms.
• Citi Private BankcoreImplementation/ SI/ Consulting PartnerCiti Private Bank selected Fi-Tek's Global WealthES as core securities processing platform integrated with Citi's proprietary global custody network providing direct access to 97 markets worldwide.

Scale indicators15 records

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• Temenos: Temenos provides core banking and wealth management software to large financial institutions globally, overlapping with Fi-Tek's enterprise banking and wealth management platform segments. Much larger established player serving global banks.
• SEI Investments: SEI provides investment management, wealth management, and trust technology platforms to banks, trust companies, and wealth managers, with direct overlap with Fi-Tek's Global WealthES and TrustPortal in the trust and wealth segment.
• Envestnet Tamarac / Yodlee: Envestnet offers a broader suite of wealth management technology, data, and analytics serving RIAs, banks, and wealth managers. Overlaps with Fi-Tek's wealth management platform but operates at a much larger scale across multiple product categories.
• FIS (Fidelity National Information Services): FIS provides broad financial technology solutions for banks, trust companies, and wealth managers. Its trust and wealth management offerings overlap with Fi-Tek's Global WealthES and TrustPortal, but as part of a much larger product portfolio.

Emerging players

• iCapital Network: iCapital provides a technology platform for alternative investments serving wealth managers, family offices, and advisors, with growing overlap with Fi-Tek's family office and wealth management offerings as it expands into broader workflow and accounting tools.

Direct peers

• Addepar: Addepar provides a wealth management technology platform serving family offices, RIAs, and private banks — directly competing with Global WealthES and Rockit Solutions for the same enterprise buyer segments with modern cloud-native architecture.
• InvestEdge: InvestEdge provides wealth management and trust accounting software to banks, trust companies, and advisors, with comparable focus on portfolio accounting, trust administration, and performance reporting — directly competing with Global WealthES.
• Backstop Solutions: Backstop provides relationship management, accounting, and reporting software for alternative investment firms and fund-of-funds, directly competing with HedgeTek in investor accounting and partnership workflows.
• SS&C Technologies: SS&C owns Advent Geneva and other hedge fund/asset management accounting platforms that directly compete with HedgeTek in investor accounting and partnership allocation. SS&C also serves trust and wealth management clients, overlapping with Global WealthES. Most direct competitor by product overlap.
• Altvia (Fluence / Altvia): Altvia provides relationship management, CRM, and investor portal solutions for alternative asset managers and family offices, overlapping with Fi-Tek's HedgeTek and Rockit capabilities in investor reporting and partnership accounting.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

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

M&A1 record

Investments

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

Frequently asked questions about Fi-Tek