What Fencore does

Fencore is a Singapore-based software company founded in 2019 that builds and sells a single product, the Fencore Platform — a no-code buy-side data management platform aimed at financial services firms. The platform's functional purpose is to enable buy-side institutions to manage and organize their data workflows without traditional coding, positioning the offering around accessibility for non-developer users in a specialized financial services segment.

The product architecture, as described in available materials, centers on a unified no-code environment that consolidates data management tasks historically requiring engineering resources. There is no disclosed integration catalog, API surface, SDK, or supporting technology stack in the source data, which limits technical due diligence. The company is structured as a private entity with a headcount of 1-10 employees and no disclosed subsidiaries, partners, customers, or revenue model.

Fencore's commercial activity documented in the data is limited to a single funding round with Tenity as lead investor in March 2020, with the round size undisclosed. No subsequent funding events, customer announcements, geographic expansion, leadership changes, or product updates appear in the source data. Pricing is not publicly disclosed, and no customer logos, segments, or go-to-market channels are documented, leaving the company's current commercial scale unverifiable from available inputs.

Name

Fencore

Website

https://fencore.com.sg

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

1–10 employees

Short description

Fencore is a Singapore-based software company that provides a no-code data management platform designed for buy-side financial services firms to organize and manage their data workflows without coding.

Ownership category

akta.pro rank

Product category

Buy-Side Financial Data Management Software

NAICS

Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (5182), Computer Systems Design and Related Services (54151)

SIC

Services-Computer Processing & Data Preparation (7374)

akta.pro primary industry

Pricing, Risk-Based Offer & Limit Management (FSAGAHAE)

Keywords

• Buy-side data management
• No-code platform
• Investment data workflows
• Financial data management
• Asset management software

Headquarters

HQ city

Singapore

HQ country

Singapore

HQ region

Asia

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Core offering

Fencore provides a single no-code buy-side data management platform that enables financial services firms to manage and organize their data workflows without traditional coding. The platform is targeted at buy-side institutions seeking to streamline data operations through a unified, code-free configuration environment.

Product overview

Fencore offers a single unified product — the Fencore Platform — a no-code buy-side data management platform designed for financial services firms. The platform enables users to manage data workflows without coding, positioning itself as a no-code solution for buy-side data management needs.

Differentiator

Problem solved

Functional benefit

Products and services

• Fencore Platform A no-code buy-side data management platform that enables financial services firms to manage and organize data workflows without traditional coding. It is targeted at buy-side institutions seeking to streamline and centralize their data operations through a single unified, code-free configuration environment.

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves2 records

Expansion highlights1 record

Direct peers

• RIMES Technologies: RIMES provides managed data services and a data management platform specifically for buy-side and sell-side institutions. Like Fencore, it focuses on financial data workflow orchestration, but at significantly greater scale and with established tier-1 asset manager clients.
• GoldenSource: GoldenSource offers an enterprise data management platform for the buy-side covering securities reference data, pricing, and holdings. It is a direct competitor to Fencore in the buy-side data management niche, with a longer track record but more limited no-code positioning.
• SimCorp: SimCorp provides an investment management platform (SimCorp Dimension) used by asset managers and buy-side institutions for portfolio, data, and risk management. It competes with Fencore at the buy-side data orchestration layer, with broader functionality but higher implementation cost.

Broad incumbents

• Charles River Development (State Street): Charles River offers a front-to-back investment management platform used by large buy-side institutions for order management, execution, and data. It is a broader incumbent that overlaps with Fencore on the data management component of buy-side workflows.
• BlackRock Aladdin: Aladdin is BlackRock's investment management and data platform, used both internally and offered to external buy-side firms. It represents an incumbent endpoint for buy-side data, risk, and portfolio workflows against which Fencore would need to differentiate on simplicity and no-code usability.
• Bloomberg: Bloomberg's Terminal and enterprise data products provide reference data, pricing, and workflow tools heavily used by buy-side firms. While not a direct data management platform, it competes with Fencore for budget allocated to buy-side data and workflow tooling.
• FactSet: FactSet delivers financial data and analytics workflows widely used by asset managers. Its portfolio and data workflow products overlap with Fencore's target use cases, and it represents a deep-pocketed incumbent competing for the same buy-side IT spend.
• S&P Global Market Intelligence: S&P Global Market Intelligence (including legacy IHS Markit EDM) provides reference data, pricing, and portfolio analytics for buy-side clients. It competes with Fencore at the buy-side data management layer, with significantly broader data assets and longer customer relationships.
• Finastra: Finastra supplies a broad suite of financial software spanning capital markets, lending, and treasury. While less focused on pure buy-side data management than Fencore, its data and workflow tools overlap with parts of Fencore's potential scope inside larger financial institutions.
• MSCI: MSCI provides index, analytics, and ESG data used heavily by buy-side portfolio managers. It does not compete directly on no-code data management but is a data and workflow incumbent for many of the same institutional clients Fencore would target.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat1 record

Key risks5 records

Key highlights5 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds1 record

Investors1 record

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 Fencore