GoldenBasis

Winter 2024 · Active

Modern back-office software for brokerages

Location: San Francisco, US

Founded: 2024

Team size: 2

Industries:

About

GoldenBasis makes modern back-office software for brokerages like Schwab or Fidelity, and we’re starting with asset transfers. Every year, $1.1 trillion in assets are transferred between brokerages using decades-old software. Brokerages hire thousands of people to compensate but still lose revenue from abandoned transfers. We solve this problem by automating back-office workflows with AI.

Founders

Grant AckermanFounder
Grant is the co-founder & CEO of GoldenBasis. Grant previously led Altruist's integration of SSG, which Altruist acquired to become the third-largest custodian by number of RIAs behind Schwab and Fidelity. Before that, Grant helped grow Princeton’s endowment from $26.1 billion to $37.7 billion as a member of the 20-person investment staff. Grant graduated from Princeton, where he studied Economics, Computer Science, and Finance and met Andrew.
LinkedIn
Andrew WangFounder
Andrew is the co-founder & CTO of GoldenBasis. Before GoldenBasis, Andrew did quant research and software engineering at Citadel, where he built trading systems that process billions of dollars per day. Before that, he worked at Bridgewater, where he wrote software to model global economies and trade fixed income securities. Andrew graduated from Princeton, where he majored in Operations Research & Financial Engineering (ORFE) and met Grant.
LinkedIn