At Limina we believe a solution provider should be pleasant to work with - not limited to the product itself but in all interaction, from the first sales meeting to the complete experience as client. The product should be as intuitive and flexible as possible, and empower the team instead of just being a system that "just perform tasks". This may sound simple, but in complex financial markets it is really hard to create a product and organisation that delivers on this. We don’t know of anyone that has. Which is why we’re here.
In 2014, a Quant at a major Nordic Fund had had enough. Endless hours of problem solving that should have taken minutes to solve if automated lit the spark to the idea that has turned into Limina IMS. How much could (and should) be automated? Is it possible to create a transparent architecture where numbers explain what they are and where they come from? Is it possible to create a user experience where no manual or training is necessary?
And so the journey began. The decision to take on this challenge was made on a sunny afternoon at a kitchen table in a small village located in the province of Messina, Italy. This village will always have a symbolic value for our company - the name of that village is Limina.
Hours of thinking, endless writing of notes on paper and whiteboards had started. Soon, the Quant was joined by others who shared his experience. Eventually the project moved on to computers. Days, weeks and months of coding, testing, failing and reengineering passed.
In early 2015, the first fragments were ready for what would eventually become the product Limina IMS. A London based global macro hedge fund was the first client to go into production; with very positive reviews both on the product itself and for the service provided by the team.
During 2016 the project turned into a proper business, with new company departments for operations as well as sales. The next stage of the trip had been initiated - to meet more potential clients and introduce them to Limina IMS. Continuously throughout 2017, more clients joined to reap the benefits of Limina IMS and its technology. As for the team, it grew to well beyond double digits and returned to Italy in September for what became a yearly company get-together.