What Capital Software Romania Srl does

Capital Software Romania Srl is a privately held Romanian software company founded in 1998 and headquartered in Bucharest that develops specialized back-office, front-office, and online trading systems for the Romanian capital markets. Its product suite is anchored by ISSF-Office, a back-office suite for spot markets covering client management, money and portfolio management across Romanian and external markets, including shares, rights, fund units, bonds, treasury bonds, and structured products, with multi-custodian support and nominal/global accounts. The suite is complemented by ISSF-Derivatives (derivative markets, including futures and CFDs), ISSF-OfficeNet (an online trading platform integrated with BSE and SIBEX), OfficeClient (front-office client data management), ISMF-Office (mutual funds back-office), and a Transaction Security Application built on PKI standards with multi-factor authentication and dual-line communication, for which a patent is filed/pending.

The platform is built on Oracle technologies and is designed to satisfy the regulatory requirements of ESMA, ASF (Autoritatea de Supraveghere Financiara), BSE (Bucharest Stock Exchange), and DC (Depozitarul Central), with explicit modules for MiFIDII (2017), FATCA and CRS (2016), and the ASF/2015 6th norm. The company serves three primary verticals: Financial Intermediary Companies (broker-dealers and securities firms), Asset Management Companies (mutual fund administrators), and Financial Institutions/Banks (transaction security). The Transaction Security suite is integrated with the ArenaXT API, and ISSF-Office is integrated with BSE and SIBEX services.

The business operates on a sales-led, direct-to-institution model with one-time software licensing and support services sold through quote-based enterprise engagements; pricing is not publicly disclosed. The company has 1–10 employees, no disclosed funding rounds, no institutional or parent ownership, and appears to be founder or management owned. There is no public information on revenue, named enterprise customers, or active hiring.

Name

Capital Software Romania Srl

Legal name

Capital Software Romania Srl

Website

https://capitalsoft.ro

Company type

Private

Founded year

1998

Operating status

Operating

Headcount range

1–10 employees

Short description

Capital Software Romania Srl is a privately held Bucharest-based software company founded in 1998 that builds Oracle-based back-office, derivatives, online trading, and PKI security systems for Romanian financial intermediaries, asset managers, and banks.

Ownership category

akta.pro rank

Headquarters

HQ city

Bucharest

HQ country

Romania

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations

Revenue model

1. Software Licensing and Support: Capital Software Romania generates revenue through licensing their proprietary software suites (ISSF-Office, ISSF-Derivatives, ISSF-OfficeNet, ISMF-Office, Transaction Security) to financial institutions, intermediary companies, and asset management firms. The company also provides specialized support services for their capital markets software solutions.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Capital Software Romania develops and licenses proprietary software suites for capital markets, including back-office systems for spot and derivative markets (ISSF-Office, ISSF-Derivatives), an online trading platform (ISSF-OfficeNet), a back-office suite for mutual funds (ISMF-Office), a front-office client module (OfficeClient), and a patented PKI-based transaction security application. The company sells and supports these enterprise software solutions to financial intermediary companies, asset management firms, and banks primarily in Romania and Eastern European markets.

Product overview

Capital Software Romania offers a comprehensive suite of financial software solutions for the capital markets industry. The product portfolio centers on ISSF-Office (Back-Office Suite for Spot Markets) as the core product, complemented by ISSF-Derivatives (Back-Office Suite for Derivative Markets), ISSF-OfficeNet (Online Trading platform), OfficeClient (Front Office module), and ISMF-Office (Back-Office Suite for Mutual Funds). Additionally, the company provides a Transaction Security Application for banking institutions. All products are built on Oracle technologies and support ESMA, ASF, BSE, and DC regulatory requirements, with MiFIDII reporting capabilities. The suite enables Financial Intermediary Companies and Asset Management Companies to manage clients, portfolios, trades, and regulatory compliance across Romanian and international capital markets.

Differentiator

Problem solved

Functional benefit

Brands

• ISSF-Office: Back-office suite for spot markets covering client management, money and portfolio management on Romanian and external markets, supporting shares, rights, fund units, bonds, treasury bonds and structured products.
• ISSF-Derivatives
• ISSF-OfficeNet
• OfficeClient
• ISMF-Office
• Transaction Security

Products and services

• ISSF-Office Back-Office Suite for Spot Markets providing client management, money and portfolio management for Romanian and external markets. Supports shares, rights, fund units, bonds, treasury bonds, and structured products, with both nominal and global accounts, multi-custodian support, MiFIDII reporting and ASF/BSE reports. Targeted at securities broker-dealers and financial intermediary firms.
• ISSF-Derivatives Back-Office Suite for Derivative Markets offering client management, money (holdings, margins) and portfolio management for Romanian and external markets. Manages future CFD contracts with margin handling for both market and client relationships, and supports fixed and percentage fee structures. Targeted at broker-dealers active in derivative markets.
• ISSF-OfficeNet Online Trading platform integrated with the Spot and Derivative application suites, providing real-time client data and order/trade management for both nominal and global accounts. Supports multiple client account type levels, from view-only to full trading rights. Targeted at financial intermediary companies offering electronic trading.
• OfficeClient Front-Office module providing client document management and client data management capabilities as part of the integrated ISSF-Office suite. Targeted at securities firms needing a front-end for managing client records and documents.
• ISMF-Office Back-Office Suite for Mutual Funds offering client data and portfolio management with electronic delivery of trade execution confirmations, portfolio and account statement reports to clients via email. Available in Romanian and English, with internal management, financial institution and ASF required reports. Targeted at asset management and mutual fund administration firms.
• Transaction Security Application Security solution for banking transactions and web login based on PKI industry standards, with patented technology, multi-factor authentication and dual-line communication. Addresses data integrity, man-in-the-middle and phishing threats, and works in existing hardware infrastructure to enable secure transactions including mobile payments. Targeted at banks and financial institutions.

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature6 records

Partnerships

One partnership is on record.

• ArenaXTcoreTechnology or IntegrationISSF-Office back-office suite for spot markets is integrated with ArenaXT API, enabling interoperability between the Capital Software platform and ArenaXT trading services.

Scale indicators4 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• Broadridge Financial Solutions: Large incumbent providing post-trade processing, back-office, regulatory reporting and proxy services to broker-dealers and asset managers globally. Highly comparable to Capital Software Romania's ISSF-Office and regulatory reporting offerings but at vastly larger scale and across many markets.
• Finastra: Large financial software vendor covering retail, corporate and capital markets banking, including trading and back-office capabilities. Comparable to Capital Software Romania's offerings in the trading and back-office space, but serving a much broader institutional and geographic footprint.
• Temenos: Global core banking and wealth management software provider serving retail, private, Islamic and corporate banks. Comparable to Capital Software Romania's Transaction Security and front-office capabilities from a banking-software perspective, though focused upstream on core banking rather than capital markets back-office.
• SS&C Technologies: Diversified financial services software provider spanning asset management, securities processing, reconciliation and back-office workflows. Comparable to ISSF-Office and ISMF-Office in asset management and back-office functionality, but with a global installed base.
• FIS (Fidelity National Information Services): Global financial technology incumbent offering capital markets, securities processing, custody and back-office software. Comparable to Capital Software Romania's back-office and asset management suites, but operating at much greater breadth and scale.

Direct peers

• Murex: Provider of a front-to-back capital markets trading, risk and back-office platform used by banks, brokers and asset managers. Directly comparable in functional scope (trading, derivatives, back-office) to ISSF-Office, ISSF-Derivatives and ISSF-OfficeNet, although focused on tier-1 institutions globally.
• Calypso Technology: Cross-asset front-to-back capital markets platform covering trading, risk, processing and reporting for banks and dealers. Directly comparable to ISSF-Office and ISSF-Derivatives in functional scope, especially for derivatives and post-trade workflows.
• GBST (now part of Iress): Provider of back-office, middle-office and wealth management software to broker-dealers, asset managers and wealth firms. Directly comparable in functional scope to Capital Software Romania's capital markets back-office and trading offerings.
• ION Group: Italian-headquartered provider of capital markets, treasury, fixed income and post-trade solutions to banks, brokers and dealers. Directly comparable in back-office, trading and reporting functionality for European capital markets participants.

Regional players

• Profile Software: Greek-listed financial software vendor providing banking, capital markets, asset management and risk solutions across Southeastern Europe. Comparable to Capital Software Romania as a regional, vertically specialized capital markets/banking software provider, but operating from a different geography.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Compliance3 records

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 Capital Software Romania Srl