Hexagram Fintech
Hexagram Fintech, a KFintech product brand, provides fund accounting and reconciliation software for BFSI organizations including mutual funds, insurers, pension funds, and corporate treasuries. Its mPower platform manages over $80bn in funds, with iMatch handling high-volume reconciliation.
- Company typePrivate
- Founded-
- HeadquartersBengaluru, India
- Headcount51–100
- GTM typeB2B
- OfferingSoftware
What Hexagram Fintech does
Hexagram Fintech is an IT product company specializing in fund accounting and reconciliation software for the BFSI sector, operating as a product brand under parent company KFintech. Its core offerings are the mPower investment management platform—reportedly managing over $80bn in funds—and the iMatch reconciliation engine, both built on a proprietary 'Management by Exception' design paradigm that aims to double operational efficiency by alerting users only when human intervention is required. The platform handles NAV computation for hundreds of schemes, real-time investment compliance monitoring, multi-source data integration from custodians, RTAs, market data providers, and credit rating agencies, and automation of middle and back-office operations.
The company serves mutual fund institutions, insurance companies, investment advisory firms, corporate treasury teams, alternative investment funds, and pension funds, with primary emphasis on the Indian BFSI market and selective international expansion (a regional office in Kuala Lumpur). Its revenue model combines SaaS platform subscriptions, business process outsourcing services for middle/back-office operations, and data analytics services. Go-to-market is enterprise field sales with quote-based pricing, targeting large BFSI organizations through dedicated regional portals and demo-driven lead conversion. The company has 51-100 employees and is headquartered in India, though exact entity structure and standalone financials are not separately disclosed from the parent KFintech.
Hexagram Fintech firmographics
Firmographics- Name
- Hexagram Fintech
- Legal name
- KFintech
- Website
- https://hexagram.in
- Company type
- Private
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Hexagram Fintech, a KFintech product brand, provides fund accounting and reconciliation software for BFSI organizations including mutual funds, insurers, pension funds, and corporate treasuries. Its mPower platform manages over $80bn in funds, with iMatch handling high-volume reconciliation.
- Ownership category
- akta.pro rank
Hexagram Fintech industry classification
Industry- Product category
- Fund Accounting Software
- akta.pro primary industry
- Cross-Border FX, Multi-Currency & Treasury for Payments (FSAGABAK)
- akta.pro secondary industry
- Dispute, Chargeback & Refund Automation (FSAGABAI)
Keywords
Where Hexagram Fintech is headquartered
LocationHeadquarters
- HQ city
- Bengaluru
- HQ country
- India
- HQ region
- Asia
Offices2 records
Markets served
Hexagram Fintech business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- SaaS Platform Subscription: Subscription-based SaaS model providing access to investment management, compliance, and fund administration platforms. Delivered as end-to-end transaction management, channel management, and compliance solutions.
- Outsourcing Services: Business process outsourcing services for global financial players, handling middle and back-office operations including NAV computation, reconciliation, and regulatory reporting.
- Data Analytics Services: Digital services providing data analytics capabilities to asset managers across segments, enabling better investment decision-making and regulatory compliance.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels4 records
Hexagram Fintech product offering
Product offeringCore offering
Hexagram Fintech is an IT product company that develops cloud-based SaaS platforms for fund accounting and reconciliation. Its flagship offering, Hexagram mPower, is an investment management platform managing over $80bn in funds and enabling timely NAV computation, real-time investment compliance monitoring, and automation of middle and back-office operations for mutual funds, insurance firms, AIFs, and corporate treasury teams. Its iMatch reconciliation engine combines preprocessing automation with intelligent rule building to handle large volumes of financial data.
Product overview
Hexagram, a subsidiary of KFintech, provides a comprehensive BFSI solutions platform combining products and services for the financial services industry. The core offering includes Hexagram mPower (flagship investment management platform managing over $80bn in assets), iMatch (intelligent reconciliation engine), and multiple specialized solutions including corporate registry (Karisma, Evoting, Kreation), fund monitoring (Kprism, Fintrak), and global fund services. The platform is built around a 'Management by Exception' design paradigm enabling users to configure business rules and receive notifications only when human intervention is necessary.
Differentiator
Problem solved
Functional benefit
Brands
- mPower: Flagship investment management platform managing over $80bn in funds, enabling NAV computation, investment compliance, and operational efficiency for asset managers.
- iMatch
Products and services
- Hexagram mPower
Quantifiable outcome
- Over $80bn funds managed on flagship platform
- +1 more outcomes
Companies that use Hexagram Fintech
Customer profileSegments6 records
Ideal customer profiles4 records
Hexagram Fintech technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Hexagram Fintech partnerships and signals
Strategic signalScale indicators2 records
Recent moves4 records
Expansion highlights4 records
Hexagram Fintech competitors and assessment
Company assessmentDirect peers
- SimCorp: SimCorp provides the Dimension investment management platform used by asset managers, insurance companies, and pension funds for fund accounting, NAV calculation, and compliance. Hexagram competes most directly with SimCorp in the mid-market asset management software segment, particularly in emerging markets.
- Charles River Development (State Street): Charles River IMS is a leading front-to-back investment management platform covering order management, compliance, and post-trade processing. Like Hexagram, it serves buy-side institutions globally, though typically at the larger end of the asset manager segment.
- Clearwater Analytics: Clearwater provides cloud-native investment accounting, reconciliation, and reporting software for asset managers, insurance companies, and corporations. It is a direct competitor to Hexagram's mPower and iMatch products, with overlapping functionality in NAV computation and reconciliation.
- Computer Age Management Services (CAMS): CAMS is India's largest mutual fund transfer agent (RTA), providing registry, transaction processing, and investor servicing to AMCs. As a KFintech competitor, CAMS operates in the same Indian MF ecosystem that Hexagram serves, making it a directly comparable peer in the Indian BFSI infrastructure space.
Broad incumbents
- Murex: Murex provides a capital markets and treasury platform with capabilities spanning trading, risk, and post-trade processing. While broader than Hexagram's fund accounting focus, it competes in adjacent treasury and asset management technology markets.
- BlackRock Aladdin: Aladdin is BlackRock's enterprise investment management and risk analytics platform used by many of the world's largest asset managers and asset owners. It represents the upper bound of competition for Hexagram at the high end of the market, with broader analytics and global scale.
- SS&C Advent: SS&C's Advent suite (Geneva, Axys, Moxy) provides fund accounting, reconciliation, and portfolio accounting for asset managers and fund administrators. Like Hexagram, it targets the fund administration and back-office workflow, but with broader global presence and longer market history.
Emerging players
- FundCount: FundCount provides integrated accounting, CRM, and reporting software for hedge funds, fund administrators, and family offices. It overlaps with Hexagram's iMatch and reconciliation capabilities, particularly in the alternatives and smaller asset manager segments.
- Lemonedge: Lemonedge is a modern, cloud-native investment accounting and analytics platform targeting mid-market fund administrators and asset managers. It competes with Hexagram in the same fund accounting space but with a newer technology stack focused on API-first architecture.
Others
- Perfios: Perfios is an Indian fintech data aggregation and analytics platform serving banks, NBFCs, and financial institutions. While not a direct competitor in fund accounting, it is a comparable Indian B2B fintech infrastructure player operating in the broader Indian financial services ecosystem.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Hexagram Fintech social profiles
Digital presenceHexagram Fintech financial estimates
Financial estimateRevenue estimate
Valuation estimate
Hexagram Fintech leadership team
Management profileNumber of profiles
Hexagram Fintech funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Hexagram Fintech M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Hexagram Fintech
What does Hexagram Fintech do?
Hexagram Fintech is an IT product company that develops cloud-based SaaS platforms for fund accounting and reconciliation. Its flagship offering, Hexagram mPower, is an investment management platform managing over $80bn in funds and enabling timely NAV computation, real-time investment compliance monitoring, and automation of middle and back-office operations for mutual funds, insurance firms, AIFs, and corporate treasury teams. Its iMatch reconciliation engine combines preprocessing automation with intelligent rule building to handle large volumes of financial data.
When was Hexagram Fintech founded?
Hexagram Fintech was founded in -1. It employs 51 to 100 people.
Where is Hexagram Fintech based?
Hexagram Fintech is headquartered in Bengaluru, India, in the Asia region.
How does Hexagram Fintech make money?
Three revenue lines are on record. SaaS Platform Subscription is the primary driver. The others are outsourcing Services and data Analytics Services.
Who are Hexagram Fintech's main competitors?
Direct peers on record are SimCorp, Charles River Development (State Street), Clearwater Analytics and Computer Age Management Services (CAMS). Broad incumbents are Murex, BlackRock Aladdin and SS&C Advent. Emerging players are FundCount and Lemonedge. Perfios is listed as an others.
Does Hexagram Fintech have an API?
No public API is recorded for Hexagram Fintech.
What industry is Hexagram Fintech in?
Hexagram Fintech's product category is Fund Accounting Software. Its primary akta.pro industry code is FSAGABAK, Cross-Border FX, Multi-Currency & Treasury for Payments, with a secondary code of FSAGABAI, Dispute, Chargeback & Refund Automation.