Acies

What Acies does

Acies is a multinational technology and consulting firm headquartered in Mumbai, India, operating through five wholly-owned business verticals: Acies 360 (platform development), Acies TechWorks (financial services applications), Acies Consulting (advisory and implementation), Acies LightHouse (content and learning), and Acies Ventures (strategic investments). The company is privately held with no disclosed external institutional funding, and operates through legal entities in India (Acies LLP, the primary entity), Singapore, Malaysia, the USA (Delaware), the UAE, and Mauritius, serving clients across South Asia, APAC, the Middle East, Africa, and North America.

The company's strategic center is Revolutio, a unified no-code platform launched in February 2021 with containerized architecture, built-in services for queuing, distributed compute, data encryption, and multi-tenancy, and deployment flexibility across cloud, on-premise, and hybrid environments. On top of Revolutio, Acies has built four domain-specialized application suites for financial institutions: Kepler (IFRS 9, early warning systems, credit portfolio management, market risk), Antares (ALM, fund transfer pricing, IRRBB, capital management), KORE (derivatives, market risk, investments), and Callisto (operational risk, compliance management). Pre-built content libraries — 50+ mathematical/statistical models, 100+ early warning signals, 70+ visualizations, and pre-architected risk measures — constitute a significant portion of the platform's value proposition. Acies also offers RevolutioBI (standalone analytics) and Streamlign (digital ERP for SMEs, launched 2025).

The business model combines per-user and per-app annual licensing for Revolutio and its product suites, managed services and SaaS delivery, professional services from Acies Consulting, and strategic investments through Acies Ventures. Go-to-market is enterprise field sales targeting mid-to-large financial institutions in BFSI, supported by direct offices across seven countries, the Alliance Partner Program, the Jackstien joint venture for BFSI expansion, and a Ventures-Revolutio program targeting startups. Pricing is quote-based and not publicly disclosed. Notable validated outcomes include processing 220 million cash flows in under 10 minutes for IFRS 9 ECL, 3x faster application build/deploy, and 50% TCO reduction.

Name

Acies

Legal name

Acies LLP

Website

https://acies.consulting

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

251–500 employees

Short description

Acies is a Mumbai-headquartered multinational that builds the Revolutio no-code platform and domain-specific BFSI risk and regulatory applications (Kepler, Antares, KORE, Callisto) for banks, insurers, and large corporates globally, distributed through enterprise sales and regional offices across seven countries.

Ownership category

akta.pro rank

Product category

Enterprise BFSI Software

NAICS

Software Publishers (513210)

SIC

Services-Prepackaged Software (7372)

akta.pro primary industry

Software/Application Support (SaaS, Enterprise Apps) (BPAAACAC)

akta.pro secondary industries

Risk, Compliance & Controls for Embedded Finance (KYB/KYC/AML, Fraud, Disputes) (FSAGALAK), Enterprise Content Management (ECM) Suites (HDAEAGAB)

Keywords

• No-code platform
• Financial risk management
• Enterprise software solutions
• Asset liability management
• Regulatory compliance technology

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices7 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Revolutio Platform Licensing: Revolutio is offered under per-user and per-app licensing models. Specific components can be sold separately under per-app and per-use model including Revolutio BI (covering BI layer, data management studio and computation studio), Computation Studio as standalone stateless solution, and Revolutio Portals as content management solution.
2. Enterprise Software Solutions: Kepler (IFRS 9, CPM, EWS, MRM), Antares (ALM, FCP, IRRBB, CM), KORE (Derivatives, MR, Investments), and CALLISTO (ORM, CMS) are offered as enterprise software solutions with licensing models for financial institutions.
3. Managed Services and SaaS: Revolutio is offered under software as a service model as well as managed service package which includes building and development of applications on Revolutio.
4. Advisory and Implementation Services: Acies Consulting provides advisory and implementation services from five different competencies rooted on using innovative approaches powered by technology to solve business objectives of clients.
5. Acies Ventures Strategic Investments: Acies Ventures provides equity or debt investments and strategic partnerships to new-age companies and entrepreneurs through its Ventures-Revolutio program.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels7 records

Core offering

Acies develops and licenses the Revolutio unified no-code platform for building enterprise-grade applications, along with specialized BFSI software suites (Kepler for credit/IFRS 9 risk, Antares for ALM/treasury, Kore for derivatives/market risk, Callisto for operational risk/compliance) and provides complementary advisory, implementation, and managed services to financial institutions and corporates across South Asia, APAC, Middle East, Africa, and the Americas.

Product overview

Acies operates as a multi-national firm with a platform-plus-modules architecture. At its core is Revolutio, a unified no-code platform serving as the foundational layer for all technology solutions. Revolutio integrates data management, computation, and visualization capabilities enabling users to build enterprise applications without coding. The product portfolio includes specialized solutions across financial services domains: Kepler suite (IFRS 9, EWS, CPM, MRM) for credit and market risk; Antares suite (ALM, FCP, IRRBB, CM) for balance sheet and treasury management; Kore suite (Derivatives, MR, Investments) for derivatives and market risk; Callisto suite (ORM, CMS) for operational risk and compliance; Streamlign for SME digital ERP needs; and RevolutioBI for standalone business intelligence. Acies Ventures-Revolutio Program supports startups through funding and technology access.

Differentiator

Problem solved

Functional benefit

Products and services

• Revolutio Unified no-code platform for building enterprise-grade applications and enabling complex compute operations without coding. Replaces traditional ETL tools, master data management platforms, API managers, and data streaming technologies. Available to enterprises and offered as SaaS or managed services.
• Kepler IFRS 9 Complete IFRS 9 automation platform addressing requirements of risk management, finance, and regulatory reporting teams. Delivers pooling, PD/LGD modeling, cash flows, staging rules, ECL calculation, EIR calculation, IFRS 9 accounting, and disclosures. Can process 220 million cash flows in under 10 minutes on commodity hardware.
• Kepler EWS (Early Warning System) Scalable platform to define and monitor early warning signals across diverse credit portfolios including retail, micro-finance, SME, and corporate segments. Provides over 100 pre-built EWS indicators with automated response capture and workflow-based remediation plans. Uses ML and NLP-based algorithms with multi-factor based exposure ranking.
• Kepler CPM (Credit Portfolio Management) Credit portfolio management solution handling conventional/GAAP provisioning requirements with user-defined rules, high-speed data ingestion engine, and on-demand dashboards and reports for credit provisioning compliance.
• Kepler MRM (Market Risk Management) Market risk management solution providing comprehensive risk measurement and analysis capabilities for financial institutions.
• Antares ALM Asset-liability management software helping financial institutions effectively manage liquidity, promote balance sheet resilience, and meet regulatory requirements. Includes out-of-the-box support for liquidity risk and configurable cashflow generation.
• Antares FCP (Fund Transfer Pricing) Profitability management solution enabling financial institutions to create asset-liability pools, boost margins, and streamline fund transfer pricing. Supports synthetic FTP curves and cost allocation from the front-end.
• Antares IRRBB Interest rate risk in the banking book solution for managing and measuring IRRBB exposure.
• Antares CM (Capital Management) Capital management solution within the Antares balance sheet management suite.
• Kore Derivatives Derivatives system for insurance clients providing transaction entries, daily mark-to-market updates, daily margining, and ledger entries passed to accounting systems.
• Kore MR (Market Risk) Market risk solution for the KORE platform.
• Kore Investments Investment management solution for the KORE platform.
• Callisto ORM Operational risk management solution within the Callisto suite.
• Callisto CMS (Compliance Management) Compliance management system for meeting regulatory and internal compliance requirements.
• Streamlign Digital ERP brand targeting small and medium enterprises (SMEs), offering no-code application building, business process automation, data management, and analytics as part of Acies' democratization strategy.
• RevolutioBI Business intelligence package covering the BI layer, data management studio and computation studio. Provides analytics combining data management, cognitive intelligence and visualization. Can actualize enterprise-wide data analytics platform in days with plug-and-play deployment.
• Kepler for Corporates Credit risk and portfolio management solutions adapted for corporate clients.

Quantifiable outcome

• 3x faster build and deploy, 50% reduction in TCO
• +3 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

AI capability11 records

Feature11 records

Partnerships

Three partnerships are on record, tiered core.

• Towers International Group Oman (TIG Oman)coreChannel Partner/ Reseller/ Distributor · 1 November 2022Strategic partnership to provide solutions accelerating digitalization in Oman using Revolutio platform and software solutions built by Acies TechWorks. Partnership also brings consulting solutions and focuses on skill and scale building through technology and financial literacy programs.
• IIM Calcutta Innovation ParkcoreStrategic or Co-development Partner · 1 September 2021Partnership to develop startup ecosystem by supporting social enterprises. Acies provides Revolutio platform access for entrepreneurs to build and deploy software, LightHouse learning content, and priority funding access through Acies Ventures. IIMCIP provides entrepreneurship ecosystem development and business incubation.
• Jackstien Practices & Consulting International LLPcoreStrategic or Co-development Partner · 1 August 2021Joint venture between Acies Consulting Pte Ltd and Jackstien to service BFSI sector technology needs. Plans to grow to USD 350 million entity in under five years focusing on high-quality systems for operational management, decision making, regulatory compliance, and market-risks. Led by Nishant Shah with over 20 years of banking experience.

Scale indicators8 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• Murex: Murex provides a capital markets and treasury platform widely used by large banks for derivatives, ALM, and market risk management. It competes directly with Acies' KORE derivatives and Antares ALM/IRRBB product suites.
• Wolters Kluwer: Wolters Kluwer's OneSumX and TeamMate divisions provide regulatory reporting, risk, and compliance solutions to global banks and insurers. It is a broad incumbent directly comparable to Acies' Callisto compliance and Kepler IFRS 9 offerings.
• Moody's Analytics: Moody's Analytics offers a comprehensive suite of risk management, regulatory, and credit portfolio solutions for financial institutions, including IFRS 9 and ALM tools. It is the dominant global incumbent in exactly the categories where Acies' Kepler and Antares compete.
• Temenos: Temenos is a global banking software vendor offering core banking, risk, and compliance solutions. While more core-banking focused, its risk and analytics modules overlap with Acies' financial institution offerings.
• Oracle Financial Services Software: Oracle Financial Services offers core banking, risk, and regulatory reporting platforms to large global banks. It is a broad incumbent overlapping with Acies' credit risk (Kepler) and market risk (KORE, Antares) offerings.
• SAS Institute: SAS is a long-established analytics and risk management software vendor widely used by global banks for credit risk, fraud, and regulatory reporting. It is a broad incumbent in the same Chartis risktech quadrants where Acies has earned Category Leader status.
• Finastra: Finastra provides a broad suite of banking, lending, treasury, and capital markets software to global financial institutions. Its risk and treasury products compete with Acies' Antares and KORE suites in mid-to-large banks.

Direct peers

• MetricStream: MetricStream provides Governance, Risk, and Compliance (GRC) and operational risk management software to banks and financial institutions. Its product scope directly overlaps with Acies' Callisto ORM and CMS solutions, making it a direct peer.
• AxiomSL: AxiomSL is a regulatory reporting and risk data management platform purpose-built for global banks. It competes most directly with Acies' Kepler IFRS 9 and broader regulatory reporting capabilities.

Emerging players

• Palantir Technologies: Palantir's Foundry platform is increasingly adopted by financial institutions for risk management, regulatory reporting, and data integration. It is an emerging player overlapping with Acies' Revolutio no-code data management and analytics capabilities.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/aciesholdings
• YouTubeyoutube.com/channel/UCsUzuJIuEv-VMIe_diqK_TA
• Facebookfacebook.com/aciesholdings
• LinkedInlinkedin.com/company/acies-home

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries7 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 Acies