Analysis S.P.A.

What Analysis S.P.A. does

Analysis S.P.A. is a privately held Italian fintech boutique founded in 1986 by Professor Carlo Maria Pinardi and headquartered in Milan, with a dedicated development team in Rome. The company develops integrated software for the financial market and wealth management, serving approximately 250 client companies spanning banking groups (Banco BPM, Credem, Mediobanca, Banca Sella), insurance groups (Allianz, Zurich, Reale Mutua), asset managers, wealth managers, private banks, and financial advisors across Italy. The core product is eXact Suite, a modular web-based platform for multi-asset portfolio management, risk analysis, and MiFID-compliant reporting, complemented by a proprietary Data Feed service providing access to over 250,000 currently quoted financial instruments with sub-24-hour onboarding. The newer AI Fund Selection Tool layers quantitative AI predictive models onto the eXact stack for fund and ETF selection, while Quantistik (launched 2025) extends the same proprietary backend into an AI-powered advisory platform for financial consultants.

The business model is subscription-based enterprise B2B software sold through direct field sales to financial institutions, with no public pricing disclosed and a quote-based commercial motion tailored to institutional needs. Distribution is concentrated in Italy, supplemented by content and community channels including Il Bollettino (Italy's oldest financial periodical, founded 1876, managed by Analysis since 2011) and the Forum Analysis, a series of monthly closed-door convenings for senior executives from institutional investors, banking groups, insurance companies, and rating agencies. The company remains founder-controlled with no disclosed external investment, no funding rounds, and no M&A activity identified, operating with a headcount of 11-50 employees that supports a high revenue-per-employee boutique structure.

Name

Analysis S.P.A.

Legal name

Analysis S.p.A.

Website

https://analysis.it

Company type

Private

Founded year

1986

Operating status

Operating

Headcount range

11–50 employees

Short description

Analysis S.P.A. is an Italian fintech boutique founded in 1986 that provides subscription-based portfolio management, risk analysis, and AI-driven investment decision software to roughly 250 Italian banking, insurance, asset management, and advisory firms, built around a proprietary database of 250,000+ financial instruments.

Ownership category

akta.pro rank

Product category

Financial Analysis and Wealth Management Software

NAICS

Software Publishers (5132), Portfolio Management and Investment Advice (523940)

SIC

Services-Prepackaged Software (7372), Investment Advice (6282), Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

Enterprise Performance Management (EPM) & FP&A Platforms (HDAEAEAK)

akta.pro secondary industries

Financial Planning & Analysis (FP&A) & BI (HDAEAMAG), Robo-Advice for Institutional/Treasury (OCIO-lite, Cash & Liquidity) (FSAGAEAJ)

Keywords

• Financial analysis software
• Wealth management solutions
• Portfolio management platform
• Investment decision support
• Financial data services

Headquarters

HQ city

Milano

HQ country

Italy

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Software Licensing (eXact Suite): Web-based modular and customizable platform for financial analysis and portfolio management sold to financial institutions and professionals
2. Software Licensing (Quantistik): Innovative platform for financial advisors, offered as a subscription-based solution
3. AI Fund Selection Tool: AI-based investment decision support tool available as standalone module or integrated with eXact Suite
4. Data Feed Service: High customization financial data providing service with flexible transmission formats based on client usage objectives

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Analysis S.P.A. develops and licenses integrated, web-based software for the financial market and wealth management, primarily sold to Italian financial institutions and professionals. Its core products are the eXact Suite (modular multi-asset portfolio management and MiFID-compliant reporting platform), Data Feed (a service providing access to over 250,000 financial instruments from a proprietary database), the AI Fund Selection Tool (AI-driven predictive fund/ETF selection), and Quantistik (an AI-powered advisory platform for financial consultants). All offerings are delivered as subscription-based enterprise software under quote-based B2B contracts.

Product overview

Analysis S.P.A. is a fintech company offering a modular suite of financial technology products centered around a proprietary database of 250,000+ financial instruments. The core platform is eXact Suite, a web-based solution for multi-asset portfolio management and financial analysis. This integrates the AI Fund Selection Tool as an add-on module for AI-driven investment decision support. Data Feed provides high-customization financial data services as a separate core product. Quantistik is a newer AI-powered advisory platform that shares the same backend data and calculation engines as eXact Suite. The company also publishes Il Bollettino, Italy's oldest financial periodical (founded 1876). The product ecosystem is designed for financial professionals including asset managers, wealth managers, private bankers, and financial advisors.

Differentiator

Problem solved

Functional benefit

Brands

• eXact Suite: Complete, modular, and customizable web-based platform for financial analysis and multi-asset portfolio management, providing advanced tools for screening, risk measurement, and MiFID-compliant reporting.
• Data Feed
• AI Fund Selection Tool
• Quantistik
• Il Bollettino

Products and services

• eXact Suite Complete, modular, and customizable web-based platform for financial professionals providing multi-asset portfolio management, advanced financial analysis, screening, risk measurement, what-if/scenario stress testing, optimization (including mean-variance and Black-Litterman), Value-at-Risk and Risk Contribution analytics, and MiFID-compliant reporting with real-time adequacy monitoring and alert management for individuals or aggregated portfolios.
• Data Feed Subscription-based data providing service offering access to over 250,000 currently quoted financial instruments via Analysis's proprietary database, delivered with high customization and accuracy through flexible formats and transmission methods, with new instruments added in less than 24 hours and maintained by a dedicated Data Quality Team.
• AI Fund Selection Tool (AI FST) AI-based investment decision support solution using advanced quantitative AI predictive models to identify the best-performing funds and ETFs, with customizable investable universes, market views, 9 predefined scenario combinations, and short-term (1-3 months) or long-term time horizons.
• Quantistik Innovative financial advisory platform for financial consultants featuring an intuitive interface, AI-powered portfolio optimization, AI-based investment proposals using machine learning, a screener with 170,000+ instruments, and comprehensive portfolio management tools, sharing the same data back-end and calculation engines as the eXact platform.
• Il Bollettino Italy's oldest financial periodical (founded 1876) covering new bond and equity issuances, early redemptions, and corporate events in the Italian domestic market, published by Analysis S.p.A. since 2011 as a sub-brand content offering for financial professionals.

Named customers13 records

Segments5 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability7 records

Feature5 records

Scale indicators3 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• Envestnet: Envestnet provides wealth management technology and advisory solutions to financial advisors and enterprises, including portfolio construction and analytics, overlapping with Quantistik's advisor-focused positioning.
• Bloomberg: Bloomberg Terminal is the broad incumbent standard for financial market data and analytics used by the same banking, asset management, and insurance buyers Analysis targets; it represents the dominant alternative in the data feed and analytics category.
• LSEG (Refinitiv): London Stock Exchange Group (including the former Refinitiv) provides market data, analytics, and portfolio solutions to global financial institutions — a broad incumbent that competes with Analysis's data and analytics offerings.
• BlackRock (Aladdin): BlackRock's Aladdin is an end-to-end investment management platform for risk, analytics, and portfolio management used by large asset managers, insurance, and pension funds — competing with Analysis's enterprise platform at the upper end of the buyer base.

Direct peers

• FactSet: FactSet provides integrated financial data, analytics, and multi-asset portfolio analytics to institutional investors globally; it competes directly with Analysis's data feed and portfolio analytics capabilities.
• SS&C Technologies: SS&C owns Advent and Charles River Development, which serve buy-side institutions with portfolio management, accounting, and analytics — directly comparable to Analysis's institutional wealth-management platform offering.
• SimCorp: SimCorp (now part of S&P Global) provides enterprise investment management software (SimCorp Dimension) for buy-side institutions — overlapping with Analysis's eXact Suite in portfolio management, risk, and reporting for institutional asset managers and pension funds.
• MSCI: MSCI offers investment analytics, ESG data, and risk models used by asset managers and asset owners globally — overlapping with Analysis's analytics and AI Fund Selection Tool capabilities at the institutional buyer level.
• Morningstar: Morningstar is a direct peer in investment data, fund analytics, and portfolio analytics — its Morningstar Direct and Advisor Workstation platforms compete head-to-head with Analysis eXact Suite for the same wealth and asset-management buyer profile.

Emerging players

• Advisor360°: Advisor360° is an integrated technology platform for wealth management firms offering portfolio management, analytics, and AI-driven workflows — competing specifically with Quantistik for the financial advisor and wealth segment.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/analysisspa
• Xx.com/AnalysisSpa

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 Analysis S.P.A.