Third Financial Software: Wealth Management Software


In April 2015 Grafton Capital made a £2.5 million growth equity investment in Third Financial Software Limited- a market-leading supplier of front to back portfolio management software. The investment will help drive the companies continued rapid expansion.

A proportion of the investment will fund a new, wholly owned subsidiary that will offer platform services to the UK wealth management market. By taking advantage of the significant operational efficiency that Thirdfin's market leading product, Tercero, already delivers to 50 UK wealth managers,the offering will allow for a higher level of service to clients, at a lower cost than existing platforms.

Alexandre Harkous, Founder and Executive Director of BI-SAM Technologies, joins the board of directors alongside Oliver Thomas of Grafton Capital. BI-SAM is the world's leading provider of performance measurement and attribution software to the global asset management industry. Alexandre commented:

"Third Financial has an exciting opportunity as the "best in class" provider of software and services to this growing segment of the investment management industry. Roger's experience, Stewart's leadership, and the quality of their team, make for a great combination. I look forward to working with them, and with Oliver, in realising the Company's potential."