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28Stone

Software delivery for capital markets

Overview

28Stone provides custom software delivery services to financial markets, building solutions for sell-side, buy-side, venues, and brokers. It uses globally distributed squads—industry experts plus Europe-based delivery centers—to design scalable, high-performance architectures. Its offerings include a generative AI tool for sell-side market makers to prepare and share pricing and market data, along with rigorous QA and testing. The company differentiates itself by combining cost-effective distributed development with deep capital-markets expertise and end-to-end delivery, aiming to provide dependable, scalable software that supports fast, accurate trading decisions.

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About 28Stone

Simplify's Rating
Why 28Stone is rated
C+
Rated C on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & AnalyticsEnterprise SoftwareAI & Machine LearningFinancial Services

Company Size

51-200

Company Stage

N/A

Total Funding

N/A

Headquarters

New York City, New York

Founded

2011

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Simplify's take

What believers are saying

  • Atlas launched February 16, 2026, adding faster ETF views and rebalance calculations.
  • Google Cloud made U4 generally available October 22, 2026, expanding 28Stone's market-infrastructure pipeline.
  • 28Stone posted active jobs on November 5, 2026, including Greenwich and Riga roles.

What critics are saying

  • 28Stone depends on Google Cloud's capital-markets roadmap and partner goodwill.
  • If Atlas stalls, Ultumus can replace 28Stone with another delivery vendor.
  • No public evidence shows recurring proprietary software revenue beyond consulting and partnerships.

What makes 28Stone unique

  • 28Stone sells domain-specific capital-markets squads, not generic staff-augmentation.
  • Its February 2026 Atlas work proved delivery from architecture through APIs.
  • November 2026 Google Cloud commentary shows credible expertise in ultra-low-latency trading.

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Benefits

  • Hybrid Work Options

Company News

PR Newswire
Feb 18th, 2026
Ultumus and 28Stone launch Atlas ETF and index data platform with enhanced APIs and faster rebalancing

Ultumus, a provider of ETF and index data solutions, has partnered with 28Stone Consulting to launch Atlas, a next-generation platform for comprehensive index data coverage. The platform delivers faster ETF data views, quick index rebalance calculations and workflow improvements including clearer dividend data and enhanced search functionality. Atlas was built using continuous client feedback throughout development, from feature prioritisation through interface design. Enhanced APIs enable seamless integration into existing client environments across the ETF value chain, from issuers and authorised participants to asset managers. The partnership combined Ultumus' ETF domain expertise with 28Stone's capital markets technology capabilities to create a platform designed to evolve continuously with industry needs. Ultumus, owned by SIX Group, serves over 14,000 ETFs and 3 million indices globally.

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