Tema Sistemas Ltda.

What Tema Sistemas Ltda. does

Tema Sistemas Ltda. is a privately held Brazilian financial software company founded in August 1985 by Nilson Francisco Gomes and headquartered in Niterói, Rio de Janeiro. The company develops proprietary software solutions for the Brazilian capital markets, primarily serving financial institutions including major Brazilian banks, brokerages (corretoras), distributors (distribuidoras), investment fund administrators, and managed portfolio managers. Its product portfolio centers on two core platforms: myinvest, an institutional solution that consolidates client investments across fixed income, investment funds, variable income, and generic assets with daily profitability tracking, quotization-based performance measurement, and benchmark comparison against market indicators; and mycapital, a web-based IR (income tax) calculator for individual investors to compute variable-income taxes and file reports with the Brazilian Federal Revenue authority (Receita Federal). Technology is built on a Java-based stack with Azure DevOps and Scrum methodology, featuring automatic data import integration with client institutional systems.

Tema's business model combines recurring software licensing for institutional clients with engagement-based professional services including technical consulting, system customization, implementation, training, and ongoing support. The company operates a direct enterprise sales motion targeting financial institutions through personalized consulting relationships, supplemented by a self-serve consumer web portal for MyCapital. The company has navigated six historical Brazilian currencies and multiple economic plans (Plano Cruzado, Plano Collor, Real stabilization), and its competitive positioning rests on decades of accumulated domain expertise in Brazilian financial regulation and tax-rule interpretation rather than technology differentiation. Leadership includes the founder-CEO, a dedicated Mycapital CEO, a CIO managing Scrum/Azure DevOps practices, a long-tenured CTO (since 2004), and a Chief Product Officer. The firm has 51-100 employees, no external institutional investors, and no disclosed M&A activity.

Name

Tema Sistemas Ltda.

Legal name

Tema Sistemas Ltda.

Website

https://temasistemas.com.br

Company type

Private

Founded year

1985

Operating status

Operating

Headcount range

11–50 employees

Short description

Tema Sistemas is a Brazilian financial software company founded in 1985 that builds Java-based portfolio management (myinvest) and tax calculation (mycapital) solutions for Brazilian banks, brokerages, distributors, fund administrators, and individual investors.

Ownership category

akta.pro rank

Product category

Capital Markets Software

NAICS

Software Publishers (513210), Portfolio Management and Investment Advice (523940), Custom Computer Programming Services (541511)

SIC

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

akta.pro industry

PRIMARYFSAEAAAB

Investment Management Advisory (RIA)

Financial & Insurance/Financial Advisory, Brokerage & Intermediation/Investment Advisory & Financial Planning

Keywords

• Investment management software
• Capital markets solutions
• Portfolio profitability tracking
• Tax calculation software
• Financial institution systems

Headquarters

HQ city

Rio De Janeiro

HQ country

Brazil

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Software

Cost components

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

Revenue model

1. Software Licensing and Systems: The company develops and provides proprietary software solutions for the capital markets and financial institutions, including systems for investment management, tax calculation, and portfolio administration. Revenue appears to come from software licensing and system provision to financial institutions.
2. Professional Services: The company provides consulting services including technical analysis of internal processes, system customization, implementation, training, and ongoing support. These services generate revenue through engagement-based professional services.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels2 records

Core offering

Tema Sistemas develops proprietary software for the Brazilian capital markets, primarily myinvest, which consolidates client investments and tracks daily profitability for financial institutions, and mycapital, an IR tax calculator for individual investors to report to the Brazilian Federal Revenue (Receita Federal). The company complements these software products with technical consulting, system customization, implementation, training, and ongoing support services tailored to banks, brokerages, distributors, and investment fund administrators.

Product overview

Tema Sistemas offers a platform of two integrated solutions for the Brazilian capital markets: mycapital (IR calculator for individual investors) and myinvest (institutional portfolio management and profitability tracking). These products serve both retail investors and financial institutions (banks, brokerages, distributors), with the ability to integrate with institutional internal systems for automatic data import.

Differentiator

Problem solved

Functional benefit

Brands

• mycapital: IR calculator for individual investors to control their results and file with Receita Federal
• myinvest

Products and services

• mycapital IR tax calculator (Calculadora de IR) for individual investors managing variable income and other investments, enabling users to control results and report taxes to the Brazilian Federal Revenue (Receita Federal) easily and quickly through a self-service web portal.
• myinvest Portfolio management and profitability tracking platform for financial institutions that consolidates client investments across fixed income, investment funds, variable income, and generic assets, providing daily profitability monitoring, quotization-based calculations, market benchmark comparisons, and automatic integration with the institution's internal systems.
• Technical Consulting and Implementation Services Professional services for financial institutions including technical analysis of internal processes, system customization, implementation, training, and ongoing support for Tema Sistemas' software products.

Quantifiable outcome

• Chosen as supplier by major Brazilian banks for operational and management solutions during 2001-2006 consolidation period

Named customers5 records

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Sinqia: Brazilian technology provider specializing in software for financial institutions (funds, asset management, capital markets). Directly comparable to Tema's B2B offering for brokerages, distributors, and banks in Brazil.
• Cedro Technologies: Brazilian capital markets technology vendor offering market data, connectivity, and trading/risk solutions to banks, brokerages, and asset managers—directly overlapping Tema's B2B customer base.
• Quartzo IT Solutions: Brazilian software and consulting firm providing technology solutions to financial institutions, including asset management and capital markets clients—directly comparable in customer base and solution scope.

Broad incumbents

• TOTVS: Brazil's largest enterprise software company, with financial vertical solutions for banks and investment firms. A broader incumbent than Tema but overlapping in serving Brazilian financial institutions with operations and back-office software.
• LSEG (London Stock Exchange Group / Refinitiv): Global financial data and infrastructure provider (formerly Thomson Reuters/Refinitiv) offering portfolio analytics, trading, and risk tools. Comparable to Tema's myinvest at the high end of institutional customers in Brazil.
• Bloomberg: Global terminal and analytics platform for institutional investors with portfolio analytics and reference data that overlap conceptually with Tema's myinvest profitability and benchmark capabilities.
• FactSet: Provider of financial data and analytics, including portfolio management and reporting workflows. Competes at the institutional layer for the same Brazilian customers that Tema's myinvest serves.

Others

• B3: Brazilian stock exchange and clearinghouse operator providing post-trade, custody, and registry infrastructure on which Tema's institutional customers operate. An ecosystem participant rather than direct competitor.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

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 Tema Sistemas Ltda.