Work Here?
About Capitolis
Industries
Fintech
Financial Services
Company Size
51-200
Company Stage
Debt Financing
Total Funding
$313M
Headquarters
New York City, New York
Founded
2017
Overview
Capitolis operates in the capital markets sector, focusing on connecting capital with collaborative solutions to improve economic performance for its clients. The company serves a variety of clients, including buy-side firms, balance sheet providers like banks, and trade processors. Its platform automates traditional manual workflows, such as FX novation, which allows for risk transfer between parties in financial contracts. This automation helps clients reduce inefficiencies, manage regulatory capital, and lower operational costs. Capitolis distinguishes itself from competitors by fostering a multi-participant environment where various market players can collaborate and leverage their strengths. The company's goal is to enhance market efficiency and help clients achieve better financial outcomes through its technology solutions.
Simplify's Take
What believers are saying
- Capitolis achieved a record $710 billion in gross notional on its Novations Platform.
- The acquisition of Capitalab enhances offerings in Rates Portfolio Compression and Margin Optimization.
- Increased investment from major banks indicates strong belief in Capitolis' transformative potential.
What critics are saying
- Increased competition from fintech companies could erode Capitolis's market share.
- Integration challenges from the Capitalab acquisition may disrupt operations and client services.
- Dependence on a few large financial institutions could expose Capitolis to financial instability.
What makes Capitolis unique
- Capitolis connects global banks with institutional investors for diversified capital access.
- The company automates FX novation, reducing inefficiencies and managing regulatory capital effectively.
- Capitolis' ISO 27001 compliant platform ensures data security and regulatory compliance.
Help us improve and share your feedback! Did you find this helpful?
Funding
Total Funding
$313M
Above
Industry Average
Funded Over
7 Rounds
Andreessen HorowitzGrowth & Insights and Company News
6 month growth
↓ -1%1 year growth
↓ -1%2 year growth
↓ -4%Capitolis was recognized on the Inc. 2024 Best in Business list in the Financial Services and Innovation & Technology categories, and named World's Best FX Software Provider for the second straight year in the 2024 Euromoney Foreign Exchange Awards.
Capitolis was named to Inc.'s 2024 Best in Business list, recognizing its impact on financial services and technology.
Capitolis has acquired Capitalab from BGC Group for $46 million. This acquisition enhances Capitolis's offerings in Rates Portfolio Compression and Margin Optimization, expanding its network of financial institutions. Capitalab has compressed over $10 trillion in options contracts. Capitolis CEO Gil Mandelzis and Capitalab CEO Gavin Jackson expressed enthusiasm about the merger, highlighting the potential for innovation and improved client services.
Expands Capitolis business into Rates Portfolio Compression & Margin OptimizationCapitalab Founder and CEO Gavin Jackson to join Capitolis executive teamNEW YORK–(BUSINESS WIRE)–Capitolis, the technology company helping to create safer and more vibrant capital markets, has today announced the acquisition of Capitalab, a leader in Rates Portfolio Compression and Margin Optimization, from BGC Group for a purchase amount of $46 million. This acquisition will allow Capitolis, a market leader in the optimization and compression space, to offer more solutions to the industry and unlock additional innovation to address emerging client needs.The acquisition follows a period of rapid growth for Capitolis, in which the company launched multiple new products and experienced strong network expansion over the past year. The addition of Capitalab expands the company’s growing network of the world’s most important financial institutions and creates opportunities to bring in more market participants through Capitalab’s strong footprint in Rates Portfolio Compression and Margin Optimization. Capitolis will build on Capitalab’s deep domain expertise and extensive client relationships. To date, Capitalab has compressed a gross notional amount of more than $10 trillion of options contracts.“Portfolio compression and margin optimization are extremely important to the capital markets and, when properly executed, truly help the financial system and its participants,” said Gil Mandelzis, CEO and Founder of Capitolis. “Capitalab’s highly innovative technology complements our existing suite of award-winning solutions and together we will create a ‘one-stop shop’ for compression
Capitolis, a financial technology company based in New York, acquired Capitalab from BGC Group for $46 million.
There are no jobs for Capitolis right now.
Find jobs on Simplify and start your career today
About Capitolis
Industries
Fintech
Financial Services
Company Size
51-200
Company Stage
Debt Financing
Total Funding
$313M
Headquarters
New York City, New York
Founded
2017
There are no jobs for Capitolis right now.
Find jobs on Simplify and start your career today