Montgomery Investment Technology

What Montgomery Investment Technology does

Montgomery Investment Technology, Inc. (MITI), founded in 1988 and headquartered in Cinnaminson, New Jersey, is a privately held software and consulting firm specializing in the valuation of options and derivative securities. The firm pioneered the first spreadsheet add-in for options analysis and has since built a comprehensive product portfolio under the FinTools brand, including FinTools XL (an Excel add-in library covering options, exotics, bonds, futures, and portfolio risk), Option Tracker and Option Tracker Anywhere for employee stock option administration and ASC 718 reporting, the FAS123 Toolkit for share-based payment accounting, FinCalcs and FinCalcs.NET for standalone calculations, and the FinTools API Library for Excel and Google Sheets. Underlying capabilities rest on closed-form, lattice and Monte Carlo numerical methods maintained by a small team led by CFA/FRM-credentialed practitioners and a PhD-level financial engineer.

The company monetizes through three revenue streams: (1) software licenses and subscriptions for FinTools XL, Option Tracker, FAS123 Toolkit and FinCalcs products distributed direct via the fintools.com website; (2) professional valuation consulting services covering ASC 718, ASC 815, and ASC 820 fair value accounting standards (ESO, PPT, TSR, PVP valuations, expected term and volatility estimation, peer group analysis); and (3) customized training seminars on options valuation, hedging and risk measurement. The go-to-market is a direct-to-customer model targeting investment professionals, corporate treasurers, compensation teams, accountants/auditors, exchange floor traders and academic institutions across the U.S., Canada, U.K., Germany, Hungary, Japan and Australia. Notable customers include Deutsche Bank, Morgan Stanley, Merrill Lynch, Citibank, the Federal Reserve Bank of New York, the World Bank, FASB, PwC, Grant Thornton, CBOE, CME, NYMEX, Intel, and Qualcomm. The firm is founder-led by President George L. Montgomery and shows no evidence of external private equity, venture capital, or parent ownership in available materials.

Name

Montgomery Investment Technology

Legal name

Montgomery Investment Technology, Inc.

Website

https://fintools.com

Company type

Private

Founded year

1988

Operating status

Operating

Headcount range

11–50 employees

Short description

Montgomery Investment Technology, founded 1988 and based in Cinnaminson, NJ, develops FinTools Excel add-ins, Option Tracker and FAS123 Toolkit for options, exotic derivatives, bond and employee stock option valuation, and provides ASC 718/815/820 consulting and training to banks, exchanges, accounting firms, corporates, and government agencies worldwide.

Ownership category

akta.pro rank

Product category

Financial Valuation Software

NAICS

Portfolio Management and Investment Advice (52394), All Other Financial Investment Activities (52399)

SIC

Investment Advice (6282)

akta.pro primary industry

Pricing & Valuation Services (Fixed Income, OTC, Derivatives) (FSAFAIAF)

akta.pro secondary industries

ESOP & Equity Compensation Valuation (ESOP, options, warrants) (FSAEAHAN), Financial Instruments & Derivatives Valuation (BPAHANAF)

Keywords

• Derivative pricing software
• Financial risk analytics
• Employee stock options
• Excel financial add-ins
• Fair value consulting

Headquarters

HQ city

Cinnaminson

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Software Licenses and Subscriptions: Revenue generated from selling software applications including FinTools XL, Option Tracker, FAS123 Toolkit, and FinCalcs. Software is sold as Excel add-ins with various modules.
2. Valuation Consulting Services: Professional consulting services covering ASC 718, ASC 815, and ASC 820 fair value accounting standards for derivative securities and employee stock options.
3. Training Seminars: Customized training seminars covering options valuation methods, hedging techniques, and risk measurement analysis.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Montgomery Investment Technology designs, develops, and licenses financial valuation and risk-measurement software, including the FinTools XL Excel add-in for pricing options, exotic derivatives, bonds, futures, and portfolio risk, as well as Option Tracker and Option Tracker Anywhere for Employee Stock Option administration and ASC 718 reporting. The firm also delivers professional valuation consulting services covering ASC 718, ASC 815, and ASC 820 fair-value accounting standards, and customized training seminars on options valuation, hedging techniques, and risk measurement.

Product overview

Montgomery Investment Technology offers a comprehensive portfolio of financial software centered on FinTools XL, an Excel add-in library providing options, exotic derivatives, bonds, futures, and portfolio risk analytics. The product suite includes Option Tracker and Option Tracker Anywhere for employee stock option administration and ASC 718 valuation; FAS123 Toolkit for share-based payment accounting; FinCalcs and FinCalcs.NET for standalone financial calculations; and the FinTools API Library for Excel and Sheets integration. Supporting these core products are professional valuation consulting services covering ASC 718, ASC 815, and ASC 820 fair value accounting standards, along with training seminars on options valuation methods, hedging techniques, and risk measurement.

Differentiator

Problem solved

Functional benefit

Brands

• FinTools XL: Award-winning library of financial functions for Microsoft Excel, pricing options, exotic derivatives, bonds, futures, portfolio risk and volatilities.
• Option Tracker
• Option Tracker Anywhere
• FAS123 Toolkit
• FinCalcs
• FinCalcs.NET
• FinTools API Library

Named customers37 records

Segments8 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

AI capability4 records

Feature7 records

Scale indicators1 record

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Bloomberg: Bloomberg operates the dominant financial data and analytics terminal used by MITI's customer base; its BVAL derivatives pricing and risk analytics, plus the Bloomberg Excel Add-in (where MITI's BQL functions live), position Bloomberg as both an integration partner and a broad competitor in derivative valuation.
• SS&C Technologies: SS&C provides broad financial software and services including portfolio and accounting platforms; it competes with MITI in fair value, equity administration, and ASC 718-adjacent workflows via its GlobeOps and other wealth/investment products, often at significantly larger enterprise scale.
• MSCI (RiskMetrics): MSCI's RiskMetrics platform delivers market risk, credit risk, and derivative analytics to institutional investors and corporates, overlapping with FinTools XL's risk measurement and volatility capabilities. Both serve regulated entities with quantitative valuation needs.
• Finastra: Finastra offers a broad capital markets and treasury software suite including derivative valuation, hedge accounting, and risk analytics; it competes most directly with MITI at large bank and corporate treasurer accounts seeking integrated platforms rather than point tools.

Direct peers

• FinCad: FinCad offers derivative pricing and analytics software widely used by corporate treasurers, accountants, and asset managers—closely overlapping MITI's FinTools XL and ASC 820 consulting value proposition. Both target the financial reporting and risk management needs of non-quants.
• Numerix: Numerix provides cross-asset derivative pricing and risk analytics software for capital markets, directly competing with FinTools XL in the options, exotics, and structured products valuation space. Both serve investment banks, hedge funds, and corporate treasurers with quantitative pricing libraries.
• Calypso Technology: Calypso provides a capital markets platform covering derivatives trading, risk, and collateral management, including pricing analytics that overlap with FinTools XL's risk and options modules. Both serve large financial institutions requiring sophisticated derivative valuation.

Emerging players

• Carta: Carta provides equity management, cap table, and ASC 718-compliant valuation services for private and public company issuers, directly competing with Option Tracker and FAS123 Toolkit in the share-based payment reporting workflow, particularly among growth and pre-IPO companies.

Others

• Deloitte (Valuation & Derivatives Advisory): Deloitte's valuations practice and derivative advisory groups compete with MITI's consulting services for ASC 718/815/820 fair value engagements, particularly for enterprise audit and corporate clients; MITI's smaller specialized team competes on pricing and niche expertise.
• Wolters Kluwer (CCH Tagetik / TeamMate): Wolters Kluwer provides audit, accounting, and corporate compliance software used by accountants and auditors—a key MITI customer segment for ASC 820 valuation work—positioning it as an adjacent competitor for compliance-driven software spend.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/miti_fintools
• LinkedInlinkedin.com/company/montgomery-investment-technology-inc.

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 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 Montgomery Investment Technology