What TenDelta does

TenDelta is a US-based technology consulting firm serving investment managers and credit professionals operating in private credit, CLOs (collateralized loan obligations), and syndicated loans. Founded in 2008 in New York as TenDelta LLC, the firm operates with 1-10 employees and positions itself as a specialist embedded between capital-markets domain knowledge and hands-on engineering, with a stated focus on credit-investment-process reinvention for asset managers. Its client base is concentrated in investment managers and asset managers that require tailored systems for credit workflows rather than off-the-shelf software.

The firm's core technology footprint spans SQL, .NET, XML, XSLT, JSON, Python, and PowerShell, and its most notable proprietary contribution is the creation of Loan FpML, an XML-based notation specific to syndicated loan assets. TenDelta delivers a portfolio of 13 consulting service offerings covering the full credit investment lifecycle, including asset servicing, compliance, credit research, credit risk analytics, data warehousing, issuer financials and KPIs, order and trade management, origination, portfolio management, portfolio risk analytics, reporting, security master, and trade settlement. Its published methodology emphasizes vision, collaboration, and logic across discovery, prioritization, sprints, testing, release, and ongoing support phases.

TenDelta makes money through custom, quote-based professional services engagements sold via direct enterprise field sales. Pricing is not publicly disclosed, and revenue is not reported. The firm displays logos of standards bodies (LSTA, FpML, ISDA, LMA) and a broad set of data, analytics, and platform vendors (Bloomberg, S&P Global, Moody's Analytics, Fitch Ratings, IHS Markit, Finastra, FIS, eFront, DebtX, DealCloud, Allvue, Access Fintech, Solvas Compliance, Levpro.ai, Nammu21, SIEPE, 73 Strings, TradeHeader, LS2 Partners, Lumonic) on its website, signaling an ecosystem-savvy systems integrator rather than a productized SaaS business.

Name

TenDelta

Legal name

TenDelta LLC (US)

Website

https://tendelta.com

Company type

Private

Founded year

2008

Operating status

Operating

Headcount range

1–10 employees

Short description

TenDelta is a New York-based technology consulting firm, founded in 2008, that builds custom data, analytics, and workflow solutions for investment managers in the private credit, CLO, and syndicated loan markets.

Ownership category

akta.pro rank

Product category

Capital Markets Technology Consulting

NAICS

Other Scientific and Technical Consulting Services (54169), Professional, Scientific, and Technical Services (54)

SIC

Services-Management Consulting Services (8742)

akta.pro primary industry

Third-Party/Vendor Risk & Due Diligence (TPRM, continuous monitoring) (FSAGAFAJ)

Keywords

• Technology consulting
• Capital markets software
• Syndicated loan solutions
• Credit analytics services
• Private credit technology

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Technology Consulting Services: TenDelta operates as a technology consulting firm providing custom solutions to investment managers and credit professionals. Their engagement model involves collaborative partnerships with clients to deliver tailored technology solutions across the credit investment lifecycle, including discovery, prioritization, sprints, testing, release, and ongoing support phases.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

TenDelta is a technology consulting firm that delivers custom technology solutions and advisory services to investment managers operating in private credit, CLOs, and syndicated loans. The firm blends capital markets domain expertise with technical engineering to build data integrity, credit workflow, portfolio management, and analytics solutions across the credit investment lifecycle. They are credited with creating Loan FpML, the XML-based notation specific to syndicated loan assets, and offer an integrated portfolio of consulting service offerings spanning origination, trading, settlement, compliance, and risk analytics.

Product overview

TenDelta is a technology consulting firm specializing in the private credit, CLOs, and syndicated loans market. Rather than a single unified product, TenDelta offers a portfolio of specialized consulting and technology service offerings that work together to support the credit investment lifecycle. These include Asset Servicing, Compliance, Credit Research, Credit Risk Analytics, Data Warehousing, Issuer Financials and KPI's, Order & Trade Management, Origination, Portfolio Management, Portfolio Risk Analytics, Reporting, Security Master, and Trade Settlement. The company blends capital markets knowledge with technical expertise, creating solutions that facilitate insightful investment research, enhanced trading & allocation capabilities, and system-to-system data integration.

Differentiator

Problem solved

Functional benefit

Products and services

• Technology Consulting Services for Credit Investment Lifecycle Custom technology consulting and solution development for investment managers and asset managers operating in private credit, CLOs, and syndicated loans, spanning the full credit investment lifecycle including origination, trading, settlement, compliance, credit research, risk analytics, data warehousing, portfolio management, and reporting.
• Loan FpML The XML-based notation specific to syndicated loan assets created by TenDelta — a proprietary standard for representing syndicated loan data that demonstrates the firm's deep domain expertise in capital markets data standards.

Segments1 record

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Four partnerships are on record, tiered minor.

• LSTAminorOthersLSTA (Loan Syndications and Trading Association) logo displayed on TenDelta's Industry Knowledge section. LSTA is a trade association for the syndicated loan market.
• FpMLminorOthersFpML (Financial products Markup Language) logo displayed on TenDelta's Industry Knowledge section. FpML is a standards organization for OTC derivatives.
• ISDAminorOthersISDA (International Swaps and Derivatives Association) logo displayed on TenDelta's Industry Knowledge section.
• LMAminorOthersLMA (Loan Market Association) logo displayed on TenDelta's Industry Knowledge section, indicating expertise in European loan market standards.

Scale indicators5 records

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• Capco: Global financial-services consultancy with a strong capital markets and asset management practice. Comparable to TenDelta in delivering technology and advisory engagements to investment managers, but with much broader services.
• Publicis Sapient: End-to-end digital transformation consultancy with a dedicated capital markets practice. Comparable in serving investment managers on technology, data, and platform builds, though at substantially greater scale and breadth.
• Finastra: Major financial software vendor whose Loan IQ platform directly addresses syndicated loan lifecycle needs. Comparable in targeting TenDelta's same credit-manager client base, and currently a 'partner'-style relationship that could also become competitive.
• Allvue Systems: Investment management software platform for private credit, CLO, and alternative asset managers. Overlaps with TenDelta's portfolio management, risk analytics, and reporting offerings as a competing platform partner.
• Synechron: Large financial-services technology consulting firm serving capital markets, asset management, and banking clients. Competes for the same credit technology and data integration wallet as TenDelta, but at much larger scale and broader scope.
• eFront (BlackRock): Alternative investments software platform (now part of BlackRock) serving private credit, real estate, and infrastructure managers. Comparable in addressing the credit workflow and reporting use cases TenDelta services.
• Murex: Established capital markets platform vendor covering trading, risk, and post-trade. Comparable to TenDelta in addressing credit workflow and data integration needs, but as a productized platform rather than bespoke consulting.

Emerging players

• 73 Strings: AI-powered investment analytics and data platform for private credit, private equity, and structured products. Overlaps with TenDelta's credit analytics, reporting, and issuer KPIs service lines, but is productized rather than consulting-led.

Direct peers

• Vichara Technology: Capital-markets technology consulting firm with deep focus on credit, syndicated loans, CLOs, and private credit platforms. Closest direct peer in terms of customer base, technology stack, and delivery model.

Regional players

• Genesis Analytics (Capital Markets practice): Capital markets technology consultancy with strong presence in EMEA and APAC serving investment banks and asset managers. Comparable in delivering bespoke credit and front-to-back technology solutions, though with a different geographic footprint than TenDelta.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/tendelta
• Xx.com/TenDeltaInsight
• Facebookfacebook.com/TenDeltaInsights

Revenue estimate

Valuation estimate

Number of profiles

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 TenDelta