What Actuare does

Actuare is a privately held UK-based provider of financial messaging and connectivity infrastructure, founded in 1997 and headquartered in Harpenden, Hertfordshire (registered in England and Wales as Actuare Limited, company number 03334752). The company specializes in standards-based message handling for global financial institutions, serving banks, asset managers, brokers, transfer agents, wealth managers, pension providers, and trade finance companies. Its product portfolio is anchored by Interconnect, a managed connectivity service that links customers to one another and to participants across external networks globally, and is complemented by specialized message engines: FIXeed (high-performance FIX protocol engine for trading across equities, fixed income, FX, and OTC derivatives), Message Station (secure message preparation with audit trail for high-value payments, securities settlement, and trade finance), FundTerm (fund distribution order routing for distributors and transfer agents), Account Transfers (client asset transfers including ISAs, SIPPs, pensions, and CREST securities), and Pousto (FX order management with matching, netting, and settlement). Add-on interface modules provide direct connections to specific networks: Calastone, Euroclear EMX, and SWIFT (Alliance Access and Alliance Lite2 with ISO 20022 XML, FileAct, and ISO 15022 FIN support).

The underlying technology stack is built around deep expertise in financial messaging standards — FIX, FpML, ISO 20022/15022, and SWIFT — combined with API integration capabilities. The architecture supports both private FIX networks and open Internet APIs, allowing customers to choose their preferred technical and commercial arrangement. The company maintains active participation in industry bodies including the FIX Trading Community (Global Technical Committee, Repository Working Group), ISITC Europe, PIMFA, SWIFT, TISA, TISA Exchange Limited (TeX), UKFMPG, and ViaNova, which provides it with visibility into protocol evolution.

Actuare generates revenue through three streams: (1) software licensing and subscriptions for its product portfolio, deployable either on-premise or via managed services; (2) managed services and web hosting with subscription fees scaled to volumes and service options; and (3) specialist professional services and consultancy covering financial messaging, systems analysis, architecture, and project management. Distribution is exclusively direct enterprise sales supported by expert consultancy, with pricing quoted on a per-customer basis and not publicly disclosed. The company does not disclose headcount, revenue, funding, or ownership details beyond its independent private status.

Name

Actuare

Legal name

Actuare Limited

Website

https://actuare.com

Company type

Private

Founded year

1997

Operating status

Operating

Headcount range

11–50 employees

Short description

Actuare is a UK-based, privately held provider of financial messaging and connectivity infrastructure serving global banks, asset managers, brokers, transfer agents, wealth managers, and trade finance firms with standards-based FIX, ISO 20022/15022, FpML, and SWIFT message engines, managed connectivity, and specialist consultancy.

Ownership category

akta.pro rank

Product category

Financial Messaging Software

NAICS

Custom Computer Programming Services (541511), Computer Systems Design and Related Services (54151), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518)

SIC

Services-Computer Programming, Data Processing, Etc. (7370), Services-Computer Programming Services (7371)

akta.pro primary industry

ERP/CRM/HRIS Implementation & Integration (BPAEAAAE)

akta.pro secondary industry

Helpdesk & End-User Support Services (BPAEABAB)

Keywords

• Financial messaging software
• FIX protocol connectivity
• SWIFT integration solutions
• Funds order routing
• Trade finance messaging

Headquarters

HQ city

Harpenden

HQ country

United Kingdom

HQ region

Europe

Offices1 record

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 and Subscriptions: Actuare provides software products (FIXeed, FundTerm, Message Station, Account Transfers, Pousto, and various interface products) on a subscription or licensing basis. Customers can run software in-house or opt for managed services.
2. Managed Services / Web Hosting: Managed service providing outsourced service management with secure remote access. Customers pay subscription fees based on volumes and service options required.
3. Professional Services and Consultancy: Specialist consultancy services including development, business and systems analysis, architecture, and project management. Typically provided in conjunction with software products.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Actuare provides messaging and connectivity solutions for the global financial services industry. Its core offerings include the FIXeed FIX protocol engine, the FundTerm fund order routing system, the Message Station message preparation platform, the Account Transfers client asset transfer solution, the Pousto FX order management system, and the Interconnect managed connectivity service. The company also delivers interface products that connect customers to SWIFT, Calastone and Euroclear EMX networks, plus consultancy, integration, hosting and 24x7 support services.

Product overview

Actuare provides a unified platform of messaging and connectivity solutions for the global financial services industry. The core product portfolio centers on Interconnect (managed connectivity service), complemented by specialized message engine products: FIXeed (FIX protocol engine for trading), Message Station (message preparation and management), FundTerm (funds distribution order routing), Account Transfers (client asset transfers), and Pousto (FX order management). Add-on interface modules provide connections to specific networks: Interface for Euroclear EMX, Interface for Calastone, and Interface Options for SWIFT. The offering includes supporting services for Integration Options, Consultancy, Web Hosting, and 24x7 Support and Maintenance. The company specializes in financial messaging standards including FIX, FpML, ISO 20022/15022, and SWIFT Standards.

Differentiator

Problem solved

Functional benefit

Brands

• FIXeed: High performance FIX message engine for brokers and asset managers, providing reliable and straightforward FIX connectivity.
• Pousto
• FundTerm
• Message Station
• Interconnect
• Account Transfers

Products and services

• Interconnect A managed connectivity service that enables Actuare customers to connect with one another and reach participants at other networks globally, providing interconnectivity across funds messaging, TISA Exchange Limited (TeX), order routing, payments, foreign exchange, custody and securities settlement.
• FIXeed A high performance FIX message engine for brokers and asset managers providing reliable FIX connectivity. Supports multiple FIX sessions and concurrent versions of the FIX protocol as initiator or acceptor, handling equities, fixed income, FX, OTC derivatives and other asset classes through the full trade lifecycle.
• Message Station A secure solution for teams to prepare and manage financial messages. Supports high value payments, securities settlement instructions and trade finance instruments with comprehensive user security and full audit trail. Can be combined with Interconnect Service or connected to SWIFT.
• FundTerm Enables distributors and transfer agents to connect efficiently and in a standard way for interoperability and adherence to market standards. Supports subscriptions, redemptions, switches, stock transfers, conversions, statements and distributions across multiple channels including Calastone, Euroclear EMX, ISO 20022/15022, SWIFT and ViaNova.
• Account Transfers Solution for platforms, wealth managers and pension providers to efficiently transfer client assets including ISAs, SIPPs, pension products and general client portfolios. Supports in-specie transfers and encashment for investment funds and CREST registered securities with full audit trail and industry compliance.
• Pousto An efficient electronic system for managing foreign exchange orders including order passing, dealing with assignment, matching, netting and settlement. A flexible framework for FX order management and transaction processing with user interface, secure access and full audit trails. Scalable and configurable for different resilience levels.
• Interface for Euroclear EMX Low cost direct connection to the Euroclear EMX Message System with high level of security and reliability. Software designed specifically for EMX participants to quickly link to the EMX system and efficiently process orders and valuations. Supports all EMX message types with ready-made adapters for rapid application integration.
• Interface for Calastone Provides a proven connection to the Calastone Transaction Network (CTN) using secure web services and Calastone's ISO 20022 messages.
• Interface Options for SWIFT Multiple methods to connect to SWIFT including Alliance Access and Alliance Lite2. Supports ISO 20022/SWIFT XML messaging via SWIFTNet InterAct, file transfer via SWIFTNet FileAct, and ISO 15022/SWIFT FIN messaging via SWIFTNet FIN.
• Modelling for Banks and Financial Services Expertise in financial message standards such as ISO 20022, ISO 15022, FIX, FpML and SWIFT Standards. Helps clients exchange messages efficiently with other industry participants and perform straight through processing (STP). Enables customers to be fully interoperable and connect securely with other organisations.
• Integration Options Wide range of application interfaces to suit customer needs including various methods of integration, data formats, and end-to-end integration tailored to customer requirements.
• Consultancy Specialist consultancy services covering financial messaging, message standards, data modelling and integration. Expertise in OTC and listed derivatives, equities, fixed income, FX/MM, mutual funds, dealing, settlements, payments and accounting. Includes development, business and systems analysis, architecture and project management.
• Web Hosting Managed service option for customers preferring cloud deployment over in-house software operation. Provides outsourced service management, speed to market with potentially less upfront investment, and secure remote access.
• Support and Maintenance Expert 24x7 support service with rapid response to requests. Products and services are updated and evolve to provide excellent functionality and capabilities. Regression testing and migration support provided.

Quantifiable outcome

• Proven to be secure, reliable and scalable over 15+ years for both transfer agents and distributors

Named customers7 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration8 records

Feature9 records

Partnerships

Ten partnerships are on record, tiered core.

• FIX Trading CommunitycoreTechnology or IntegrationActive member participating in Global Technical Committee (GTC) and Repository Working Group. Contributes to FIX protocol development and provides FIX engine products. FIX Protocol is the industry standard for electronic trading.
• ISITC EuropecoreTechnology or IntegrationMember of ISITC Europe, an industry body for securities operations and technology professionals.
• Personal Investment Management and Financial Advice Association (PIMFA)coreTechnology or IntegrationMember of PIMFA, representing the personal investment management and financial advice industry.
• SWIFTcoreTechnology or IntegrationMember as a SWIFT network user. Provides connectivity solutions including Alliance Access and Alliance Lite2 interfaces for SWIFT messaging.
• TISA Exchange Limited (TeX)coreTechnology or IntegrationLong standing member of TISA Exchange Limited. Actively participates in interoperability testing with other TeX solution providers. TeX Development Partners Council meets quarterly.
• Tax Incentivised Savings Association (TISA)coreTechnology or IntegrationMember of TISA, contributing to industry standards for savings and investment products.
• UK Funds Market Practice Group (UKFMPG)coreTechnology or IntegrationMember of UKFMPG, contributing to market practice standards for the UK funds industry.
• ViaNovacoreTechnology or IntegrationMember of ViaNova, contributing to industry standards and best practices.
• CalastonecoreTechnology or IntegrationActuare provides Interface for Calastone providing proven connection to Calastone Transaction Network (CTN) using secure web services and Calastone's ISO 20022 messages.
• Euroclear UK & Ireland (EMX)coreTechnology or IntegrationActuare provides EMX Interface for low cost direct connection to EMX Message System owned and operated by Euroclear UK & Ireland. Supports all EMX message types and TSV record formats.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• IPC Systems: IPC Systems provides trading communications infrastructure, network services, and managed connectivity for capital markets and exchanges - comparable to Actuare's enterprise-grade connectivity and managed services portfolio serving global financial institutions.
• Options IT: Options IT (acquired by MayStreet) provides managed services, hosting, and connectivity solutions for capital markets firms - directly comparable to Actuare's Web Hosting/managed services offering for buy-side and sell-side clients requiring outsourced messaging infrastructure.
• Itiviti (part of Broadridge): Itiviti (now Broadridge Trading & Connectivity) provides FIX engine technology, connectivity solutions, and trading infrastructure to brokers, asset managers, and exchanges worldwide - directly comparable to Actuare's FIXeed product line and broader electronic trading connectivity stack.
• B2BITS (EPAM Systems): B2BITS, an EPAM company, provides FIX protocol solutions and financial messaging software for brokers, exchanges, and trading venues - directly comparable to Actuare's FIXeed FIX engine and FIX Trading Community participation.
• TATA Communications (Financial Markets): TATA Communications offers global financial connectivity and messaging services, including FIX, SWIFT, and ISO 20022 infrastructure for capital markets participants - directly overlapping with Actuare's Interconnect managed connectivity and standards gateway offerings.

Broad incumbents

• ION Group: ION Group is a large, PE-backed vendor of mission-critical software for capital markets, treasury, and financial infrastructure - a broader incumbent in the same space, with overlapping capabilities in connectivity, messaging, and post-trade workflows for financial institutions.
• Broadridge Financial Solutions: Broadridge is a large incumbent providing trading, post-trade, and investor communications technology to global financial firms - a broader-scale player with overlapping FIX connectivity, securities processing, and managed services capabilities relative to Actuare.

Emerging players

• Calastone: Calastone operates a global transaction network for the funds industry using ISO 20022 messaging - an ecosystem partner and partial competitor to Actuare's FundTerm product, since Actuare provides an Interface for Calastone but also competes in adjacent funds-order-routing workflows.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat5 records

Key highlights5 records

Customer concentration

• Xx.com/actuare
• Facebookfacebook.com/actuare
• LinkedInlinkedin.com/company/3236550

Revenue estimate

Valuation estimate

Number of profiles

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 Actuare