MIK Solutions, a provider of trading services across the front-, mid- and back-office, is expanding its offices thanks to a growing business.
The firm is now taking up space and a full floor with a total capacity of 75 persons at 155 East 56th Street in New York City. MIK previously only occupied a room at 1633 Broadway with a capacity for 50 people.
According to a spokesman, the larger space was required as the firm is hiring more staff and plans to expand into different geographies.
Recently MIK announced the opening of support offices in Boston and Shanghai, and announced a client acquisition of Haifeng Technology Co., Ltd.
“These developments, as well as continued organic growth with current and new clients, resulted in an ongoing recruitment effort in sales, business analysts, and developers,” the spokesman said. “The new office accommodates these efforts. “
MIK services over 65 multi-billion dollar hedge funds, fund of funds, and private equity funds. The firm provides software solutions for real-time profit and loss calculation, data warehousing,
erformance/attribution, compliance, Treasury management, security master/price management and broker relationship management.