About AutoRek
AutoRek is a company based in Glasgow (United Kingdom) founded in 1994. The company has 102 employees as of February 28, 2021. AutoRek has completed 1 acquisition, including Grath. AutoRek offers products and services including Automated Reconciliations, CASS Compliance, Regulatory Reporting, Data Migration, and IFRS 17. AutoRek operates in a competitive market with competitors including Simetrik, Duco, Kaizen Reporting, Uniqus and Trintech, among others.
- Headquarter Glasgow, United Kingdom
- Employees 102 as on 28 Feb, 2021
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Sectors
Financial ServicesTechnology
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Phone
Locked
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Website
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Social
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- Legal Name Api Software Limited
- Date of Incorporation 15 Dec, 1994
- Jurisdiction GLASGOW, SCOTLAND
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Annual Revenue
$20.03 M (USD)21as on Jan 31, 2024
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Net Profit
-$3.44 M (USD)-65as on Jan 31, 2024
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EBITDA
-$4.5 M (USD)-54as on Jan 31, 2024
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Latest Funding Round
Not available
- Investors
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Employee Count
102
as on Feb 28, 2021
- Investments & Acquisitions
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Products & Services of AutoRek
AutoRek offers a comprehensive portfolio of products and services, including Automated Reconciliations, CASS Compliance, Regulatory Reporting, Data Migration, and IFRS 17.
Software that automates financial data reconciliation processes for accuracy.
Tools for ensuring compliance with CASS regulations in asset management.
Solutions for generating and managing regulatory reports in finance sectors.
Services for migrating and controlling banking data securely and efficiently.
Software for insurance broker accounting and compliance with IFRS standards.
People of AutoRek
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Funding Insights of AutoRek
Investors in AutoRek
AutoRek has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Scottish Equity Partners.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital firm focused on tech companies
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Locked | Locked | Locked |
Investor details for AutoRek
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- Investor locations
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by AutoRek
AutoRek has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Grath.
Investment portfolio details for AutoRek
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- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Cloud-based software for regulatory compliance management is provided.
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Locked | Locked | 2019 | Locked |
Complete acquisition details for AutoRek
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
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- Domains and locations
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Financial Statements - AutoRek
Detailed financials for AutoRek
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Autorek Comparisons
Peer comparison for AutoRek
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
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- Headcount comparison
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Competitors of AutoRek
AutoRek operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Simetrik, Duco, Kaizen Reporting, Uniqus and Trintech, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| Locked | Locked | Locked |
Accounts reconciliation solutions
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SAAS reconciliation solutions are delivered for financial services firms.
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Regulatory reporting and training solutions for financial services are offered.
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| Locked | Locked | Locked |
Provider of accounting, risk, governance, environmental, social, and technology consulting
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Cloud-based financial reporting and compliance software is delivered for businesses.
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Recurring payments are automated and collected via bank-to-bank direct debits.
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Detailed competitors of AutoRek
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Latest news on Autorek
Complete news archive for AutoRek
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Frequently Asked Questions about AutoRek
AutoRek was founded in 1994 and raised its 1st funding round 27 years after it was founded.
AutoRek is headquartered in Glasgow, United Kingdom. It is registered at Glasgow, Scotland, United Kingdom.
As of Feb 28, 2021, the latest employee count at AutoRek is 102.
Annual revenue of AutoRek is $20.03M as on Jan 31, 2024.
AutoRek was founded in 1994 in Glasgow, United Kingdom. Account reconciliation and regulatory reporting software solutions are developed and implemented within the financial technology sector. Reconciliation processes, cash allocation, attestation, anti-money laundering measures, data migration, performance management, and related functions are supported. Outsourced reconciliation services are facilitated for various businesses across operations.
AutoRek offers Automated Reconciliations, CASS Compliance, Regulatory Reporting, Data Migration, and IFRS 17.
AutoRek has made 1 acquisition, including Grath.
AutoRek has 1 investor. Key investors include Scottish Equity Partners.