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Frequently Asked Questions

About Everise Labs

  • What is Everise Labs UAB?

    Everise Labs UAB is a Lithuania-based technology company that specializes in investment management systems (IMS) for asset managers, securities brokerages, and financial institutions. Established in 2000, the company provides front-to-back solutions for portfolio management, trade booking, compliance, risk analytics, and investor accounting.
    Everise Labs has implemented solutions for major financial institutions, including DNB Bank, Invalda INVL Group, and Orion Securities. Their Everise Investment Management System (IMS) is designed with an open architecture that allows seamless integration with third-party services such as Bloomberg, Nasdaq, and Interactive Brokers.
    The company also offers bespoke software development and post-delivery maintenance, ensuring that clients receive tailored solutions that align with their operational needs.     Everise Labs UAB is headquartered in Kaunas, Lithuania, with clients across Europe.

  • What industries does Everise Labs serve?

    The company primarily serves asset managers, securities brokerages, banks, pension funds, insurance companies, capital market participants, corporate treasuries, family offices, and non-bank payment service providers such as electronic money institutions (EMIs) and payment institutions (PIs).

  • Who are typical Everise Labs clients?

    Everise Labs serves a wide range of financial institutions that require robust investment management solutions. Typical clients include:

    • Asset Managers – Firms managing portfolios of equities, fixed income, and alternative investments.
    • Securities Brokerages – Companies offering trading, investment, and advisory services.
    • Banks and Financial Institutions – Institutions managing proprietary trading and investment portfolios.
    • Pension Funds – Organizations requiring portfolio accounting, risk analytics, and compliance tools.
    • Insurance Companies – Firms investing reserves and managing regulatory reporting.
    • Capital Market Participants – Exchanges, trading platforms, and market makers.
    • Non-Bank Payment Service Providers – Electronic money institutions (EMIs) and payment institutions (PIs) that invest customer funds into secure and liquid assets, requiring a system to manage portfolios efficiently.

    Everise IMS is designed to support the diverse needs of these clients by offering flexible portfolio management, compliance monitoring, and seamless integration with external financial systems

  • What makes Everise Labs different from other investment management system providers?

    Everise Labs stands out for its open architecture, high flexibility, and agile development approach. The Everise IMS system has multiple integrations with the external market data, depositories, exchages, and securities brokers, and is designed for easy integration, allowing clients to connect with third-party services like Bloomberg, Nasdaq, and Interactive Brokers while maintaining full control over their data.

  • Does Everise Labs have any industry certifications?

    Yes, Everise Labs’ investment management systems are certified by the Bank of Lithuania and the company is also recognized as an Independent Software Vendor (ISV) by Nasdaq.

  • Does Everise Labs offer custom software development?

    Yes, Everise Labs specializes in bespoke software development. Clients can request custom features, which are developed in bi-weekly sprints following an agile methodology.

  • What kind of support does Everise Labs provide?

    Everise Labs offers post-delivery maintenance, which includes a standard SLA with a 1-hour response time for incidents and free help desk support during business hours.

About Everise IMS

  • What customization and bespoke development options does Everise IMS offer?

    Everise IMS is designed with maximum flexibility, allowing financial institutions to customize workflows, reporting, integrations, and investment processes to match their unique business requirements.

    1. Custom Workflow Automation & Investment Processes

    • Supports custom transaction processing rules, enabling firms to define how different asset types are handled.
    • Provides a fully configurable chart of accounts, allowing organizations to align investment accounting with internal policies.
    • Allows firms to create their own business logic for order execution, risk assessment, and fund allocations.

    2. Bespoke Reporting & Data Analytics

    • Uses Telerik-based reporting tools with the option to integrate with third-party BI solutions like Qlik, Tableau, or Power BI.
    • Enables firms to design custom investor reports, regulatory filings, and compliance audits.
    • Provides real-time data exports to external databases, allowing advanced data analysis and machine learning applications.

    3. Custom Integrations & API Support

    • Open REST API framework enables seamless integration with third-party systems, including:
      • Market data providers (Bloomberg, Reuters, ICE)
      • External trading platforms (Interactive Brokers, Saxo, Exante)
      • Accounting & regulatory reporting solutions
      • CRM and investor management platforms
    • Supports automated data ingestion and reconciliation from custodians, banks, and fund administrators.

    4. Agile Development Approach

    • Everise Labs provides bespoke development services based on bi-weekly sprint cycles.
    • Custom enhancements are delivered at a fixed hourly rate, ensuring cost transparency and predictability.
    • Clients receive dedicated development resources, ensuring that customization requests are fulfilled without waiting in a queue with other customers.

    Everise IMS is not a one-size-fits-all solution—it is a highly customizable investment management system that can be adapted to meet the specific needs of banks, asset managers, and financial institutions.

  • What is Everise IMS and its key functionality?

    Everise Investment Management System (IMS) is a comprehensive front-to-back investment management solution designed for asset managers, securities brokerages, banks, pension funds, insurance companies, and non-bank payment service providers. It provides a flexible, scalable, and regulatory-compliant platform for managing investments efficiently.

    Key Functionality of Everise IMS

    Order Management

    • Real-time connectivity to market data providers and execution platforms
    • Bulk import and processing of trades, prices, and monetary transactions
    • Pre-trade and post-trade compliance checks
    • Order blotter for real-time tracking of trade execution status
    • What-if analysis for evaluating potential trades
    • Portfolio rebalancing and order aggregation

    Portfolio and Risk Analytics

    • Real-time monitoring of portfolio positions with dynamic filtering and aggregation
    • Customizable reporting using Telerik or third-party BI tools (e.g., Qlik, Tableau)
    • Real-time Profit & Loss (P&L) analysis across different portfolio levels
    • Seamless integration with external risk analytics platforms

    Reconciliation and Settlement

    • Automated data collection from brokers, custodians, and fund administrators
    • Integration with external trading and accounting systems
    • Reconciliation with NAV, general ledger accounts, and cash balances

    Portfolio Accounting

    • Multi-currency general ledger with fully customizable charts of accounts
    • Fee and cost accrual management with automatic general ledger postings
    • Cash flow projections and NAV calculations
    • Support for FIFO cost basis method, with optional LIFO customization
    • Connectivity with external pricing sources, including European Central Bank

    Compliance Management

    • Configurable compliance rules at fund and portfolio levels
    • Pre-trade and post-trade compliance monitoring
    • Audit trails for all transactions, modifications, and compliance rule changes
    • MIFID II compliance with suitability and appropriateness testing

    Investor Accounting

    • Individual investor accounts with multiple portfolio structures
    • MIFID & AML compliance checks, including investor questionnaires
    • Secure investor portal with transaction tracking and reporting

  • Why Choose Everise IMS?

    • Open architecture – Allows seamless integration with market data providers, banks, regulatory bodies, and third-party systems.
    • Maximum flexibility – Customizable transaction processing, reporting, and analytics.
    • Agile development – Short implementation cycles with custom functionality delivered in bi-weekly sprints.
    • Scalable solution – Supports unlimited users and transactions, making it suitable for both small firms and large institutions.
    • Regulatory compliance – Ensures adherence to industry regulations, including MIFID II and AML requirements.

    Everise IMS is designed to streamline investment operations, enhance decision-making, and reduce operational risk, making it a powerful tool for modern investment management.

  • Can Everise IMS be deployed on-premise or in the cloud?

    Yes, Everise IMS can be deployed on-premises or hosted in ISO/IEC 27001-certified data centers, ensuring security and compliance.

  • Why do clients of Everise Labs host Everise IMS on their own servers, on-premises or in the cloud?

    Clients of Everise Labs choose to host Everise IMS on their own on-premises servers or in their preferred cloud environment to ensure data security, compliance, operational resilience, and seamless integration with existing systems.

    1. Full Data Ownership and Control

    • Clients retain complete control over their investment and customer data, ensuring compliance with internal security policies and regulatory requirements.
    • No third-party access to sensitive financial and investor information.

    2. Regulatory Compliance, Including DORA and GDPR

    • Financial institutions must comply with Digital Operational Resilience Act (DORA), GDPR, MIFID II, AML, and other jurisdiction-specific regulations.
    • DORA, which applies to financial entities operating in the EU, requires strict ICT risk management, resilience testing, and secure data handling to ensure the operational stability of investment firms and payment service providers.
    • On-premise or private cloud hosting ensures data residency compliance and reduces dependency on third-party cloud providers, which could be subject to operational or geopolitical risks.

    3. Enhanced Security and Risk Management

    • Hosting Everise IMS internally enables advanced security measures, including:
      • Custom encryption protocols (TLS, OAuth2, at-rest encryption)
      • Multi-factor authentication (MFA) and federated login (e.g., Microsoft Azure AD)
      • Custom firewall protection and access control policies
      • Dedicated compliance monitoring and real-time logging
    • This aligns with DORA’s ICT risk management framework, which mandates cybersecurity resilience and incident handling in the financial sector.

    4. Seamless Integration with Internal Financial Systems

    • Everise IMS’s open architecture allows easy integration with existing banking, trading, and compliance systems, including:
      • Core banking systems (Temenos, FlexCube, etc.)
      • Market data providers (Bloomberg, Reuters, ICE)
      • Trading platforms (Interactive Brokers, Saxo, Exante)
      • Accounting, compliance, and regulatory reporting tools
    • This ensures operational continuity while allowing financial institutions to adapt to evolving regulatory and market conditions.

    5. Operational Resilience & Single-Tenant Infrastructure

    • Everise IMS provides a single-tenant deployment model, meaning each client has dedicated system resources, ensuring:
      • Higher security (no shared environments with other clients)
      • Lower risk of service disruptions due to external failures
      • Customization flexibility, allowing tailored workflows, security layers, and compliance rules
    • This approach aligns with DORA’s operational resilience requirements, which stress minimizing third-party dependencies and ensuring business continuity.

    6. Flexibility in Deployment Options

    • Clients can choose between on-premise deployment for maximum control and low-latency processing or cloud hosting for scalability and cost efficiency.
    • Supported cloud environments include AWS, Microsoft Azure, Google Cloud, and private data centers, ensuring compliance with regional and industry-specific data regulations.

    7. Lower Operational Risks and Vendor Independence

    • Hosting Everise IMS internally allows financial institutions to reduce dependence on third-party SaaS providersand eliminate risks associated with vendor lock-in.
    • Organizations can manage their own update and maintenance schedules, ensuring system stability and compliance with new regulatory requirements without unexpected changes from external providers.

    8. Cost Optimization and Long-Term Savings

    • Financial institutions with existing IT infrastructure can reduce costs over time by eliminating recurring SaaS subscription fees.
    • Cloud hosting offers scalability, allowing firms to optimize resources based on demand while maintaining full control over deployment.

    By hosting Everise IMS on-premises or in their own cloud environment, clients can ensure regulatory compliance (DORA, GDPR, MIFID II, AML), enhanced security, and seamless system integration, while maintaining full control over their financial operations. This makes Everise IMS the ideal solution for banks, asset managers, securities brokerages, electronic money institutions (EMIs), and payment institutions (PIs) that need a resilient, secure, and customizable investment management platform.

  • How does Everise IMS ensure data security and protect sensitive financial information?

    Data security is a top priority for financial institutions using Everise IMS. The system is designed with enterprise-grade security measures to protect sensitive financial data from unauthorized access, breaches, and cyber threats.

    1. Secure Authentication and Access Control

    • Multi-Factor Authentication (MFA) – Supports integration with Microsoft Azure AD, Active Directory, and third-party identity providers.
    • Role-Based Access Control (RBAC) – Ensures that users only have access to the specific data and functionalities they are authorized for.
    • Federated Login Support – Enables authentication via institutional identity providers, ensuring compliance with internal security policies.

    2. End-to-End Encryption & Data Protection

    • TLS Encryption (TLS 1.2 and higher) – Secures data transmissions between servers and clients.
    • At-Rest Data Encryption – Can be managed using AWS Key Management Service (KMS), Microsoft Azure Key Vault, or standalone encryption solutions.
    • OAuth2-Based Secure Token Authentication – Ensures that only authenticated requests can access critical APIs and services.

    3. Network and System Security

    • Physical and Logical Separation – The front-end application, back-end services, and database are isolated to minimize attack vectors.
    • Firewall and Intrusion Detection Support – Can integrate with institutional security frameworks to prevent unauthorized access.
    • Regular Penetration Testing & Audits – Clients can run penetration tests on their infrastructure to ensure ongoing system security.

  • How can Everise IMS help non-bank payment service providers, such as Electronic Money Institutions (EMIs) and Payment Institutions (PIs), to manage secure and liquid assets portfolios?

    Non-bank payment service providers, including Electronic Money Institutions (EMIs) and Payment Institutions (PIs), are able to safeguard customer funds by investing them into secure and liquid assets. This method of safeguarding is becoming more and more popular, as it generates an additional revenue stream for the EMIs and PI, particularly in the EU. Everise IMS provides a structured asset management system that enables these institutions to:

    1. Efficient Fund Segregation and Portfolio Management

    • Supports segregation of customer funds into dedicated investment portfolios.
    • Enables tracking of investment holdings in real-time, making daily reconciliation of the safeguarded secure and liquid assets and change in their value a breeze, ensuring compliance with fund safeguarding requirements.
    • Provides a flexible trade booking and settlement module to handle diverse asset classes such as government bonds, treasury bills, and other highly liquid instruments.

    2. Regulatory Compliance & Reporting

    • Supports automated reconciliation with banks and custodians to ensure proper fund allocation.
    • Provides regulatory reporting tools for compliance with PSD2, EMD2L, and local financial authority requirements.
    • Allows customized reporting templates for auditors and regulators.

    3. Integration with Banking and Payment Systems

    • Supports direct integration with core banking systems, SWIFT, and central banks.
    • Offers real-time visibility into investment positions and liquidity requirements.
    • Ensures automated NAV calculations, allowing payment institutions to manage their investment portfolios efficiently.

  • How does Everise IMS support multi-jurisdictional operations for financial institutions with global investments?

    Financial institutions operating across multiple jurisdictions face complex regulatory and operational challenges. Everise IMS is designed to handle multi-jurisdictional investment operations, allowing clients to comply with various regulatory frameworks while maintaining centralized portfolio management.

    1. Multi-Jurisdictional Compliance Management

    • Built-in compliance monitoring for different regulatory environments, including MIFID II (Europe), SEC (U.S.), FCA (UK), and local financial authorities.
    • Country-specific reporting capabilities, including automated tax, social security, and regulatory filings.
    • Configurable compliance rules at the jurisdiction level, ensuring adherence to local regulations.

    2. Multi-Currency and Multi-Language Support

    • Supports multi-currency accounting, enabling firms to manage global investment portfolios.
    • Real-time exchange rate updates from the European Central Bank and other financial institutions.
    • Multi-language user interface for international teams and investors.

    3. Local Hosting & Data Residency Compliance

    • Everise IMS can be deployed in regional data centers to comply with local data residency laws.
    • Supports hybrid infrastructure setups, allowing firms to run local and global instances simultaneously.
    • Customizable jurisdiction-based entitlements, ensuring only authorized users can access specific regional data.

    For banks, asset managers, and multinational investment firms, Everise IMS provides a single platform to manage global portfolios while ensuring compliance with multiple regulatory environments.

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