# Obsidian Solutions

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/obsidian-solutions

- Industry: Software
- Headquarters: London, UK
- Website: www.obsidiansuite.com
- Total disclosed funding: $0.5M
- Latest round: Seed (Dec 28, 2015)
- Investors on record: 1

## About

Obsidian Solutions Limited provides a sophisticated asset management software platform that integrates with over 300 data sources, aiding asset managers in monitoring and enhancing their financial operations effectively.Founded in 2013 and headquartered in London, UK, Obsidian Solutions Limited specializes in asset management software. The company was co-founded by Iker Ayestaran and Lazar Radenovic. In November 2019, Obsidian Solutions was acquired by Alpha Financial Markets Consulting PLC for GBP 5.7 million in a Trade Sale, solidifying its position in the asset management space. Since its inception, the company has executed two notable deals, indicating a focused growth strategy in its sector.Obsidian Solutions Limited offers an award-winning asset management software platform known as Aiviq, which connects asset managers with over 300 sources of Assets Under Management (AUM), flow, and revenue data across global markets. Aiviq’s core functionalities include consolidating AUM and flow data, establishing data accuracy rulesets, auto-reconciling AUM across various vehicles and providers, and processing millions of transactions efficiently. The platform enhances client oversight, increases net sales, and automates financial reporting, addressing the complexities asset managers face in the current market. The company serves over 30 major asset management firms globally, including those in EMEA and APAC regions.In the most recent fiscal year 2024, Obsidian Solutions Limited reported a revenue of GBP 680,075.3 and an EBITDA of GBP 162,162.1.Following its acquisition by Alpha Financial Markets Consulting PLC in November 2019, Obsidian Solutions Limited is poised for growth through the launch of new products and expansion into additional markets. The company plans to develop enhanced features within its Aiviq platform, though specific release dates have not been disclosed. It aims to penetrate further into both European and Asian markets to broaden its customer base. The funding from the acquisition is expected to support these initiatives, facilitating investment in product development and market expansion strategies.

## Funding rounds

- Seed, Dec 28, 2015, $0.5M — Force Over Mass Capital

## Investors

- Force Over Mass Capital (https://capitalatlas.ai/funds/force-over-mass-capital) — Seed