MIK Fund Solutions

What MIK Fund Solutions does

MIK Fund Solutions, founded in 2006 and headquartered in New York, is an independent software provider specializing in front and middle office applications for alternative investment managers. The company serves hedge funds, multi-strategy asset managers, and multi-manager platforms, and reports that its applications are used by 100+ clients overseeing approximately $750bn in aggregate AUM. Its stated differentiation rests on hedge fund operating roots, deep technical expertise, and a relationship-driven enterprise sales motion supported by 60% of its 50+ staff being client-facing.

The core offering is a fully customizable, modular eight-product suite covering Order Management System (OMS), Real-Time Portfolio Monitor, Data Warehouse, Security Master, Treasury, Factor Risk & Attribution, Report Lab, and Price Manager. These modules collectively span trade execution, real-time performance monitoring, centralized data warehousing, securities reference data, financing/treasury management, factor-based risk and attribution, dynamic reporting, and pricing-source automation. The platform is designed to plug into existing client technology stacks, with interoperability and integration highlighted as key differentiators across multiple modules.

MIK operates under the parent entity MIK Group, Inc. and runs a subscription-based recurring revenue model with quote-based, per-client pricing. Distribution is delivered through five offices — New York (HQ), Belfast (development & support), Sydney (development & support), Hong Kong (sales & implementation), and Shanghai (development & support) — providing coverage across North America, EMEA, and APAC. Leadership comprises Founder & President Fadi Kaddoura and CTO Dmitri Tsembrovski. No external ownership, funding events, partnerships, M&A activity, or AI/ML capabilities are disclosed in available materials.

Name

MIK Fund Solutions

Legal name

MIK Group, Inc.

Website

https://mikfs.com

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

51–100 employees

Short description

MIK Fund Solutions is an independent New York-based software provider founded in 2006 that delivers a modular, customizable front and middle office application suite — covering OMS, portfolio monitoring, data warehousing, risk, and pricing — to 100+ hedge funds, multi-strategy asset managers, and multi-manager platforms globally.

Ownership category

akta.pro rank

Product category

Asset Management Software

NAICS

Portfolio Management and Investment Advice (52394)

SIC

Finance Services (6199)

akta.pro industry

PRIMARYFSAHAFAA

Multi-Strategy — Multi-Manager Platform (Pods)

Financial & Insurance/Hedge Funds & Alternative Investments/Hedge Funds — Multi-Strategy

Keywords

• Portfolio management software
• Order management system
• Alternative investment software
• Hedge fund technology
• Asset management analytics

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices5 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations

Revenue model

1. Software Licensing/Subscription: Provides specialized software to asset managers with customizable and modular solutions. Revenue likely derived from software licensing, implementation, and support services.

Go-to-market motion1 record

Core offering

MIK Fund Solutions provides a fully customizable and modular software suite for front and middle office professionals at alternative investment managers. The suite covers the trade lifecycle, real-time portfolio monitoring, centralized data warehousing, securities reference data, treasury financing management, factor-based risk and attribution, on-demand reporting, and pricing automation for multi-strategy asset managers and hedge funds.

Product overview

MIK Fund Solutions offers a fully-customizable and modular software suite designed for asset managers. The platform consists of eight integrated modules: Order Management System (OMS) for trade execution, Real-Time Portfolio Monitor for live performance tracking, Data Warehouse for centralized reporting, Security Master for securities data management, Treasury for financing and risk management, Factor Risk & Attribution for performance analysis, Report Lab for dynamic reporting, and Price Manager for pricing automation. The suite is built for front and middle office professionals to generate data-driven insights for portfolio management.

Differentiator

Problem solved

Functional benefit

Products and services

• Order Management System (OMS)

Quantifiable outcome

• $750bn~ Client AUM using MIK applications
• +2 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature8 records

Scale indicators6 records

Recent moves4 records

Expansion highlights4 records

Direct peers

• Enfusion: Enfusion provides integrated front-to-back office software (portfolio management, OMS, accounting, reporting) for hedge funds and asset managers, directly overlapping MIK's product suite and target customers.
• Eze Software (SS&C Eze): Eze Software, now part of SS&C, offers order management, execution, and portfolio analytics software to hedge funds and asset managers, competing head-on with MIK's OMS and middle-office modules.
• Charles River Development (SS&C): Charles River provides an end-to-end investment management platform (OMS, portfolio management, compliance, risk) for asset managers, making it one of the most direct competitors in the multi-strategy space.
• SimCorp: SimCorp offers an integrated investment management platform (IBOR, portfolio accounting, compliance, analytics) for institutional asset managers, overlapping MIK's front and middle office focus.

Broad incumbents

• BlackRock Aladdin: Aladdin is a broad enterprise risk, portfolio, and trading platform used by major asset managers and hedge funds; while much larger, it overlaps MIK's OMS, risk, and reporting modules and competes for enterprise mandates.
• Bloomberg AIM: Bloomberg's Asset and Investment Manager (AIM) platform delivers order management, portfolio, and risk functionality to buy-side firms, competing with MIK particularly on OMS and front-office workflows.
• Finastra: Finastra offers a broad suite of capital markets and investment management software including OMS, portfolio management, and analytics, overlapping MIK's product surface across multiple workflows.
• FIS (FIS Investment Manager Suite / Formulus): FIS provides large-scale investment management and trading technology to asset managers, with overlapping OMS, portfolio accounting, and risk capabilities to MIK's offerings.

Emerging players

• FactSet: FactSet's Portfolio & Risk Analytics and integrated workflow tools increasingly compete with MIK's reporting, analytics, and factor risk modules for buy-side mandates.
• Imagineer Technology Group: Imagineer provides asset management software including OMS, portfolio accounting, and reporting for hedge funds and asset managers, positioning it as a niche competitor comparable in scale and focus to MIK.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/mik-fund-services

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 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 MIK Fund Solutions