Equitec
Equitec is an Indian software company founded in 2008 that builds DREAMS, an equity research ERP platform automating workflow, compliance, and multi-channel distribution for 30+ institutional brokers, banks, and investment firms across India, the Middle East, and Asia Pacific.
- Company typePrivate
- Founded2008
- HeadquartersKurla, India
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Equitec does
Equitec, legally Equitec Software Technology Pvt Ltd., is a private Indian software company founded in 2008 by ex-JPMorgan executives and headquartered in Mumbai. It builds DREAMS (Database & Reports: Empowerment, Automation & Management System), an equity research ERP platform that automates the sell-side research workflow from analyst content creation through compliance review to multi-channel distribution. The platform is organized into six integrated modules — Content Creation (EquiRep report generator, EquiChart charting), Template Management, EquiBASE financial data management, Workflow & Compliance, Distribution, and Client Manager CRM — and is built on proprietary architecture designed by ex-JPMorgan technology leaders. EquiBASE covers 847 companies with claimed 99.2% data quality and live price feeds normalized to global GAAP and IFRS standards.
The company serves 30+ institutional clients across India, the Middle East, and Asia Pacific, including top-tier Indian brokers such as Kotak Institutional Equities, Motilal Oswal, ICICI Securities, Edelweiss, Axis Capital, and Emkay Global, as well as regional banks and investment firms in Bahrain (SICO Bank, Bank of Bahrain & Kuwait, Arqaam Capital), Malaysia (AM Bank, KAF), and Singapore. Native integrations with Bloomberg Terminal and Factset enable one-click distribution, while the Compliance module supports SEBI and FCA regulatory requirements with full audit trails. The company also offers an HRMS intranet solution and Equity Monitor (for call list, roadshow, and MIFID II workflows) as adjacent products.
Equitec operates a direct enterprise sales model with quote-based pricing — no pricing is publicly disclosed — and runs no visible self-service, marketplace, or partner/reseller channel. Revenue is generated primarily through DREAMS platform subscriptions on long-cycle enterprise contracts targeting financial institutions. Operations are delivered from four offices (Mumbai, Bahrain, Singapore, Houston) with a lean team in the 11–50 employee band, and the company is privately held by founders with no disclosed external funding.
Equitec firmographics
Firmographics- Name
- Equitec
- Legal name
- Equitec Software Technology Pvt Ltd.
- Website
- https://equitec.in
- Company type
- Private
- Founded year
- 2008
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Equitec is an Indian software company founded in 2008 that builds DREAMS, an equity research ERP platform automating workflow, compliance, and multi-channel distribution for 30+ institutional brokers, banks, and investment firms across India, the Middle East, and Asia Pacific.
- Ownership category
- akta.pro rank
Equitec industry classification
Industry- Product category
- Investment Research ERP Software
- NAICS
- Software Publishers (5132)
- SIC
- Services-Prepackaged Software (7372)
- akta.pro primary industry
- Enterprise Performance Management (EPM) & FP&A Platforms (HDAEAEAK)
- akta.pro secondary industries
- Investor Education, Research & Portfolio Analytics Services (Retail) (FSAAAAAO), Digital Brokerage & Self-Directed Investing Platforms (FSAGAEAC)
Keywords
Where Equitec is headquartered
LocationHeadquarters
- HQ city
- Kurla
- HQ country
- India
- HQ region
- Asia
Offices4 records
Markets served
Equitec business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- DREAMS Platform Subscription: Enterprise software licensing for DREAMS equity research ERP platform. Subscription-based model providing access to all modules including EquiRep, EquiBASE, Distribution, and Client Manager. Quick implementation and low cost differentiate from competitors.
- HRMS Intranet Solution: Human Resource Management System offered as intranet solution for enterprise clients. Adds transparency to company operations.
Go-to-market motion2 records
Distribution channels2 records
Marketing channels7 records
Equitec product offering
Product offeringCore offering
Equitec sells DREAMS 365, an integrated equity research ERP platform that automates the full research workflow at financial institutions — from analyst content creation in Word/PowerPoint and chart generation, through compliance-approved workflow routing, to one-click distribution on Bloomberg Terminal, Factset, and proprietary client research portals. The platform includes EquiBASE, a financial-data hub normalizing fundamentals across global accounting standards, plus a CRM module (Client Manager) for equity sales. Equitec also sells HRMS, an intranet-based human-resource management solution for corporate enterprises, and Equity Monitor for sales/roadshow management.
Product overview
Equitec offers a unified equity research technology platform called DRE.A.M.S (Database & Reports: Empowerment, Automation & Management System) as its core product, supplemented by specialized modules including EquiRep (report generator), EquiChart (charting tool), EquiBASE (financial data management hub), Client Manager (CRM), Exhibit Wizard (formatting tool), and Workflow & Compliance modules. The current version, DREAMS 365, provides end-to-end equity research automation from content creation through distribution. The company also offers HRMS as a separate intranet-based human resource management solution.
Differentiator
Problem solved
Functional benefit
Brands
- D.R.E.A.M.S: Database & Reports: Empowerment, Automation & Management System - Equity research ERP platform for financial institutions
- DREAMS 365
- EQUIBASE
- EquiBASE
- EquiRep
- EquiChart
- EQUITY MONITOR
- HRMS
Products and services
- DREAMS 365 (Database & Reports: Empowerment, Automation & Management System) Integrated equity research ERP platform that automates the entire research workflow at financial institutions — analyst content creation, financial-data management, compliance approval routing, multi-channel distribution, and client relationship management. Sold under subscription/enterprise licensing to institutional brokers, investment banks, and equity research firms.
- HRMS (Human Resource Management Solution)
- D.R.E.A.M.S original platform release Equitec's first product — the original DREAMS equity research ERP platform that combined database management, report generation, and distribution automation for financial institutions; serving as the foundation that later evolved into the DREAMS 365 version. (Documented primarily for historical context within the product evolution.)
Quantifiable outcome
- 2.8 hrs time saved vs manual per report (EquiRep auto-generation)
- +3 more outcomes
Companies that use Equitec
Customer profileNamed customers24 records
Segments3 records
Ideal customer profiles2 records
Equitec technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration4 records
Feature10 records
Equitec partnerships and signals
Strategic signalScale indicators10 records
Recent moves5 records
Expansion highlights4 records
Equitec competitors and assessment
Company assessmentBroad incumbents
- FactSet: Provides workstation, analytics, and multi-channel research distribution to institutional investors. Comparable to DREAMS because FactSet is both a distribution integration partner and a direct competitor on equity-research authoring, workflow, and client engagement for the same sell-side/buy-side clients.
- Bloomberg (Bloomberg Terminal): Dominant global research-distribution and data platform. Directly comparable because Equitec's DREAMS integrates with Bloomberg for one-click distribution and Bloomberg offers its own competing research-workflow and analytics tools inside the Terminal — a partial overlap on workflow, distribution, and data.
- LSEG Workspace (formerly Refinitiv Eikon): Workspace combining market data, analytics, research distribution, and workflow tools for institutional finance. Direct overlap with DREAMS in equity-research publishing, distribution, and compliance-grade workflow for the same client personas.
- S&P Global Market Intelligence (Capital IQ Pro): Major institutional research, data, and analytics platform. Comparable to Equitec because it serves the same equity-research workflows (fundamentals, estimates, models, distribution) with overlapping modules and competes for sell-side research-tech budget.
- Moody's Analytics (Research Workflow): Provides institutional credit and equity data, analytics, and research workflow tools. Comparable as a broad-vertical incumbent touching research-production and distribution, competing for the same data-and-workflow spend that DREAMS' CRM and distribution modules address.
Emerging players
- AlphaSense: AI-powered market and equity-research platform serving institutional researchers and corporates. Comparable to Equitec's target buyer (sell-side/buy-side analysts) and increasingly overlapping on the search, workflow, and content-distribution layers DREAMS occupies.
- Visible Alpha: Granular financial-modeling and consensus data provider for institutional investors and corporates. Overlaps with EquiBASE's normalized financial-data and aggregates offerings and is increasingly used by the same equity-research desks that DREAMS serves.
- Tegus (now part of AlphaSense): Expert-call transcript and primary-research platform for institutional investors. Comparable because it is increasingly bundled into analyst workflow stacks alongside — or competing for — the same research-content and client-engagement use cases DREAMS automates.
- Octopai: Data-lineage and BI cataloging tooling for financial-services data environments. Tangentially comparable because both EquiBASE and Octopai sit underneath equity-research workflows solving the "data accuracy and governance" pain point that sell-side research desks prioritize.
Regional players
- Crisil (a Standard & Poor's company): India-headquartered financial data, analytics, and research firm serving Indian institutions. Comparable to Equitec because it competes for the same Indian sell-side research-and-data workflows and represents a regional alternative to DREAMS/EquiBASE.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Equitec social profiles
Digital presenceEquitec compliance and trust
Trust signalCompliance2 records
Equitec financial estimates
Financial estimateRevenue estimate
Valuation estimate
Equitec leadership team
Management profileNumber of profiles
Profiles4 records
Equitec funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Equitec 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 Equitec
What does Equitec do?
Equitec sells DREAMS 365, an integrated equity research ERP platform that automates the full research workflow at financial institutions — from analyst content creation in Word/PowerPoint and chart generation, through compliance-approved workflow routing, to one-click distribution on Bloomberg Terminal, Factset, and proprietary client research portals. The platform includes EquiBASE, a financial-data hub normalizing fundamentals across global accounting standards, plus a CRM module (Client Manager) for equity sales. Equitec also sells HRMS, an intranet-based human-resource management solution for corporate enterprises, and Equity Monitor for sales/roadshow management.
Is Equitec a public or private company?
Equitec is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Equitec founded?
Equitec was founded in 2008. It employs 11 to 50 people.
Where is Equitec based?
Equitec is headquartered in Kurla, India, in the Asia region.
How does Equitec make money?
Two revenue lines are on record. DREAMS Platform Subscription is the primary driver. The others are HRMS Intranet Solution.
Who are Equitec's main competitors?
Broad incumbents on record are FactSet, Bloomberg (Bloomberg Terminal), LSEG Workspace (formerly Refinitiv Eikon), S&P Global Market Intelligence (Capital IQ Pro) and Moody's Analytics (Research Workflow). Emerging players are AlphaSense, Visible Alpha, Tegus (now part of AlphaSense) and Octopai. Crisil (a Standard & Poor's company) is listed as a regional player.
Does Equitec have an API?
No public API is recorded for Equitec.
What industry is Equitec in?
Equitec's product category is Investment Research ERP Software. Its primary akta.pro industry code is HDAEAEAK, Enterprise Performance Management (EPM) & FP&A Platforms, with a secondary code of FSAAAAAO, Investor Education, Research & Portfolio Analytics Services (Retail). Its NAICS code is 5132 and its SIC code is 7372.