FA Solutions

What FA Solutions does

FA Solutions Oy is a Helsinki-based wealth and fund management technology vendor founded in 1999 by Juha Lehtonen. The company develops and sells the FA Platform, a cloud-based, microservices-architecture system providing front-to-back investment operations for banks, asset managers, wealth managers, family offices, fund administrators, and life/unit-linked insurance companies. The platform's modular product set includes FA for Asset Management (onboarding, investment selection, portfolio management, compliance, rebalancing, corporate actions, reconciliation, bookkeeping, fees, valuations), FA for Wealth Management (portfolio management integrated with a client portal), FA Front (end-customer portal), FA Client Portal (open-source, released June 2022), FA Profiles (back/middle-office data management), FA Fund Management (NAV calculation and shareholder registry), FA DEVELOPER (embedded JupyterHub for Python-based analytics), and a connected ecosystem integrating Bloomberg, Morningstar, SIX, Stamdata, UBS, Calastone, Infront, FIX Protocol, Microsoft 365, and Coinmotion.

The company generates revenue through annual and multi-year software licensing and subscription fees tailored to client deployment scope, supplemented by professional services for implementation, configuration, data migration, and ongoing consulting. Pricing is quote-based and not publicly disclosed. Go-to-market combines direct enterprise field sales across the Nordics and broader Europe with a channel and implementation partner network, supplemented by industry events, thought-leadership content, and inclusion in third-party industry research. FA Solutions is privately held, founder-influenced (founder Juha Lehtonen remains CPTO), led since September 2022 by CEO Tomi Lod, holds ISO/IEC 27001 and SOC 1 (ISAE 3402 Type 2) certifications, and serves 70+ institutional clients across 15 countries from offices in Finland, Sweden, Latvia, the Netherlands, and the United Kingdom.

Name

FA Solutions

Legal name

FA Solutions Oy

Website

https://fasolutions.com

Company type

Private

Founded year

1999

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Wealth Management Software

NAICS

Software Publishers (513210), Computer Systems Design and Related Services (54151)

SIC

Services-Prepackaged Software (7372), Services-Computer Integrated Systems Design (7373)

akta.pro primary industry

Enterprise Performance Management (EPM) & FP&A Platforms (HDAEAEAK)

akta.pro secondary industry

General Ledger & Close (Journal Entries, Month-End Close, Reconciliations) (BPAAAGAC)

Keywords

• Wealth management software
• Portfolio management platform
• Investment management software
• Fund administration software
• Asset management technology

Headquarters

HQ city

Helsinki

HQ country

Finland

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Software Platform Licensing & Subscriptions: Annual or multi-year licensing and subscription fees for access to the FA Platform, tailored to the size and scope of deployment for each financial institution client.
2. Professional Services & Implementation: Implementation, configuration, data migration, and ongoing consulting services to deploy and optimize the FA Platform within client organizations.

Go-to-market motion3 records

Distribution channels3 records

Marketing channels5 records

Core offering

FA Solutions develops and licenses the FA Platform, a single cloud-based, microservices portfolio management system that runs front-to-back investment operations for banks, asset managers, wealth managers, fund administrators, family offices, and insurance companies. The platform is sold via annual/multi-year enterprise software subscriptions and is complemented by implementation, configuration, and consulting professional services. It supports traditional and alternative assets, multi-custody operations, real-time IBOR, NAV calculation, and unit-linked insurance administration.

Product overview

FA Solutions offers the FA Platform as a single unified cloud-based portfolio management system for investment management operations. The platform provides a modular architecture with core capabilities including asset management, wealth management, fund management, and client-facing portals. Key modules include FA for Asset Management (handling operations from onboarding through compliance, rebalancing, and valuations), FA for Wealth Management (portfolio management with integrated client portal), FA Client Portal (open-source portal for banks and institutional investors), FA Front (end-client portal with real-time portfolio overview), FA Profiles (data management for back/middle office), FA Fund Management (NAV calculation and shareholder registry), FA DEVELOPER (Python-based analytics with JupyterHub Notebooks), and the FA Ecosystem (integrations with Bloomberg, Morningstar, SIX, UBS, Calastone, Infront, and other market data and trading providers). The platform is microservices-based and provides open API interoperability.

Differentiator

Problem solved

Functional benefit

Brands

• FA Platform: Cloud-based portfolio management platform for asset and wealth managers providing front-to-back investment operations management.
• FA Client Portal

Products and services

• FA Platform A single cloud-based platform for running front-to-back investment operations with secure global data access. Provides automated best-practice workflows, microservices architecture, and true cloud-native deployment supporting both traditional and alternative assets. Used by banks, asset managers, wealth managers, fund administrators, and insurance companies.
• FA for Asset Management Enterprise cloud solution providing the backbone of operations for asset managers, handling all operations from onboarding, investment selection, portfolio management, compliance, rebalancing, corporate actions, reconciliation, bookkeeping, fees, and valuations.
• FA for Wealth Management Portfolio management and investment operations seamlessly integrated into a flexible client portal and multi-channel experience for wealth management firms.
• FA Client Portal Open-source client-facing portal enabling banks and institutional investors to build and facilitate better services for end clients on top of the FA Platform. Provides investment portfolio overview, analytics, trading capabilities, document management, and authentication with e-signing.
• FA Front Integrated customer portal providing real-time data of end-user's wealth portfolio overview, accessible on any device. Ensures data is stored in a single database with the FA Platform.
• FA Profiles Data management application for storing and using data more efficiently. Designed as the operational backbone for Back and Middle Office of Asset and Investment management.
• FA Fund Management Application streamlining workflows to calculate NAVs and maintain shareholder registries for fund management operations.
• FA DEVELOPER Developer tool embedded in FA Platform that introduces Notebooks to support on-the-fly analysis of data with Python scripts. Uses JupyterHub for programmatic access and custom analysis.

Quantifiable outcome

• Recognized among the top 100 global WealthTech companies by FinTech Global in both 2021 and 2023, reflecting market-leading position and industry validation.

Named customers2 records

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration10 records

Feature3 records

Partnerships

Two partnerships are on record, tiered core and flagship.

• IAWMC (International Association of Wealth Management Consultants)coreStrategic or Co-development Partner · 1 January 2025FA Solutions partnered with IAWMC on a white paper initiative addressing wealth management technology trends. This collaboration positions FA Solutions as a thought leader in the wealth management space and provides IAWMC members with insights into modern technology solutions for their practices. The partnership combines FA Solutions' technology expertise with IAWMC's industry network and knowledge-sharing mission.
• The Wealth MosaicflagshipGTM or Marketing Partner · 1 January 2025FA Solutions is featured as a reference system within The Wealth Mosaic UK Toolkit 2025 report, which focuses on IBOR (Investment Book of Record) systems. The Wealth Mosaic is a financial technology research and content platform that produces industry toolkits and guides for financial institutions. Inclusion in the UK Toolkit provides FA Solutions with significant credibility and visibility among UK-based banks, wealth managers, and fund administrators seeking IBOR technology solutions.

Scale indicators4 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• Temenos: Temenos is a large banking software vendor with wealth management capabilities as part of a broader core banking and digital platform suite. It overlaps with FA Solutions where banks evaluate combined core banking and wealth platform deals.
• Finastra: Finastra is one of the largest financial software providers globally, covering retail, corporate, and investment banking with a wealth management portfolio. It competes with FA Solutions in large European bank RFPs as part of broader platform procurements.
• Calypso Technology: Calypso offers a cross-asset front-to-back platform for capital markets, corporate treasuries, and investment management. It competes with FA Solutions in front-to-back investment operations procurements at larger European banks.

Direct peers

• Backstop Solutions: Backstop provides a portfolio and investor accounting platform focused on hedge funds, private equity, and institutional asset managers. Its middle- and back-office workflow tooling overlaps with FA Platform's alternative-asset and fund administration modules.
• InvestCloud: InvestCloud provides a modular, cloud-native wealth and investment management platform serving wealth managers, banks, and asset managers. Its componentized architecture and digital client portal closely mirror FA Solutions' modular FA Platform approach.
• Avaloq: Avaloq (acquired by NEC) is a Swiss wealth management platform serving private banks and wealth managers globally. It competes directly with FA Solutions' FA for Wealth Management module in the European private banking and family office segments.
• SimCorp: SimCorp (now part of Euroclear/Deutsche Börse group) provides an investment management software platform (SimCorp Dimension) used by asset managers, pension funds, and insurance companies. It is the most direct competitor to FA Platform in the European institutional asset management market.
• Addepar: Addepar offers a wealth management platform primarily serving family offices, RIAs, and private banks. Like FA Solutions, it provides portfolio analytics, IBOR-style aggregation across custodies, and reporting for high-net-worth client portfolios.
• SS&C Advent (Geneva): SS&C's Geneva platform is a portfolio accounting and investment accounting system widely used by hedge funds, asset managers, and fund administrators. It overlaps directly with FA Platform's IBOR, reconciliation, and fund accounting capabilities.
• Envestnet: Envestnet provides wealth management platforms, portfolio analytics, and advisor tools to financial advisors and institutions. It is a peer in the wealth management technology space though with stronger US presence than FA Solutions.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/fasolutions
• Facebookfacebook.com/FA-Solutions-155618447798416
• LinkedInlinkedin.com/company/fasolutions

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

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 FA Solutions