Fi-Tek, formerly known as TransCom International, was founded in 1997 by Subir Chatterjee, President and CEO, as a software solutions company in the finance domain. By combining technology with business knowledge, the company was conceived with the vision of facilitating financial institutions like Banks, Wealth Management organizations, Accounting firms, Hedge Funds etc. with product solutions which would vastly augment their operational & business efficiency. Fi-Tek's continued endeavor led to the development of the product platforms - HedgeTek and TrustPortal.
In 2001, HedgeTek was developed and has since been enhanced to meet the latest and more complex essentials of book and tax allocation in hedge funds and other securities partnerships. Today, HedgeTek supports customers globally with its leading allocation platform.
TrustPortal was created for trust and wealth management on a single, web-based platform for trust banks and other financial institutions. It was originally developed to complement TrustRite, an accounting and reporting program. In 2002, TrustReporter (now known as Client Internet Access) was launched. Later, other complementary web-based systems were launched, including Investment Management and Automated Account Review. TrustPortal is being continually augmented & enriched to support dynamic market requirements globally.
As Fi-Tek has grown it has opened up fully owned subsidiaries globally. The first was opened in India, Fi-Tek Pvt. Ltd. In 2010, a second company was formed in Ireland to better service existing and new customers in European locations. The creation of the off- shore companies, along with affiliate companies acquired over the years, have enabled Fi-Tek to render 24X7 support services to its clients.
Fi-Tek aims to establish long term, valued orientated partnerships with clients to create leading business solutions and continually enhance its products to support its customers.