ECI is a provider of

managed services Managed services is the practice of outsourcing the responsibility for maintaining, and anticipating need for, a range of processes and functions, ostensibly for the purpose of improved operations and reduced budgetary expenditures through the ...

cyber security Computer security (also cybersecurity, digital security, or information technology (IT) security) is a subdiscipline within the field of information security. It consists of the protection of computer software, systems and networks from thr ...

and business transformation for mid-market

financial services Financial services are service (economics), economic services tied to finance provided by financial institutions. Financial services encompass a broad range of tertiary sector of the economy, service sector activities, especially as concerns finan ...

organizations across the globe. The firm was founded when Eze () Castle Consulting split into two independent entities. It employs 900 plus people, with offices in

Singapore Singapore, officially the Republic of Singapore, is an island country and city-state in Southeast Asia. The country's territory comprises one main island, 63 satellite islands and islets, and one outlying islet. It is about one degree ...

Europe Europe is a continent located entirely in the Northern Hemisphere and mostly in the Eastern Hemisphere. It is bordered by the Arctic Ocean to the north, the Atlantic Ocean to the west, the Mediterranean Sea to the south, and Asia to the east ...

Hong Kong Hong Kong)., Legally Hong Kong, China in international treaties and organizations. is a special administrative region of China. With 7.5 million residents in a territory, Hong Kong is the fourth most densely populated region in the wor ...

, India, the Philippines, and nine US locations.

History

Sean McLaughlin and John Cahaly founded Eze Castle Consulting in 1995. McLaughlin previously worked at several investment firms. The company was named after

Èze Èze (; ; ) is a seaside commune in the Alpes-Maritimes department in the Provence-Alpes-Côte d'Azur region in Southeastern France. It is located on the French Riviera, 8.5 km (5.2 mi) to the northeast of Nice and 4.5 km (2.7 ...

, a village in the

French Riviera The French Riviera, known in French as the (; , ; ), is the Mediterranean coastline of the southeast corner of France. There is no official boundary, but it is considered to be the coastal area of the Alpes-Maritimes department, extending fr ...

. Eze Castle Consulting began supporting early stage funds in the

Boston Boston is the capital and most populous city in the Commonwealth (U.S. state), Commonwealth of Massachusetts in the United States. The city serves as the cultural and Financial centre, financial center of New England, a region of the Northeas ...

area, then opened up new offices in

New York City New York, often called New York City (NYC), is the most populous city in the United States, located at the southern tip of New York State on one of the world's largest natural harbors. The city comprises five boroughs, each coextensive w ...

San Francisco San Francisco, officially the City and County of San Francisco, is a commercial, Financial District, San Francisco, financial, and Culture of San Francisco, cultural center of Northern California. With a population of 827,526 residents as of ...

and

Greenwich, Connecticut Greenwich ( ) is a New England town, town in southwestern Fairfield County, Connecticut, United States. As of the 2020 United States census, 2020 census, it had a population of 63,518. It is the largest town on Gold Coast (Connecticut), Connectic ...

in the late-1990s. As of 2017, Eze Castle had a major office in an 18,000 square foot space at 529

Fifth Avenue Fifth Avenue is a major thoroughfare in the borough (New York City), borough of Manhattan in New York City. The avenue runs south from 143rd Street (Manhattan), West 143rd Street in Harlem to Washington Square Park in Greenwich Village. The se ...

Manhattan Manhattan ( ) is the most densely populated and geographically smallest of the Boroughs of New York City, five boroughs of New York City. Coextensive with New York County, Manhattan is the County statistics of the United States#Smallest, larg ...

, where they had been located since 2005. In 2000, Eze Castle Consulting was split into two independent companies, Eze Castle Software and Eze Castle Integration; Eze Castle Integration became a systems integration company focused on the financial services sector. During the

economic downturn In economics, a recession is a business cycle contraction that occurs when there is a period of broad decline in economic activity. Recessions generally occur when there is a widespread drop in spending (an adverse demand shock). This may be tr ...

in 2000, the firm downsized and reduced many expenditures while continuing to generate a profit. By 2004 the company had grown to a 120-person staff. Throughout the late 2000s, the company introduced Eze Vault, Eze Disaster Recovery, ECI Link and Eze Managed Suites. They also introduced Eze Cloud and started selling Tradar's Insight product in a hosted cloud model. Today a growing percentage of the firm's revenue comes from

cloud-based Cloud computing is "a paradigm for enabling network access to a scalable and elastic pool of shareable physical or virtual resources with self-service provisioning and administration on-demand," according to International Organization for ...

products. In the first eight months of 2008 the average

hedge fund A hedge fund is a Pooling (resource management), pooled investment fund that holds Market liquidity, liquid assets and that makes use of complex trader (finance), trading and risk management techniques to aim to improve investment performance and ...

declined five percent and 170 hedge funds closed their doors due to ongoing financial volatility. Although 95 percent of the firm's clients were hedge funds, it experienced a revenue increase of 26 percent and obtained sixty new clients during the time period. At the time, the company supported 450 US-based hedge funds, including 81 firms with over $1 billion in management. It opened new offices in

Chicago Chicago is the List of municipalities in Illinois, most populous city in the U.S. state of Illinois and in the Midwestern United States. With a population of 2,746,388, as of the 2020 United States census, 2020 census, it is the List of Unite ...

in 2008, and

London London is the Capital city, capital and List of urban areas in the United Kingdom, largest city of both England and the United Kingdom, with a population of in . London metropolitan area, Its wider metropolitan area is the largest in Wester ...

in 2007. In 2010 and 2011 new offices were opened in

and

. In 2010 an affiliate company, Ledgex Systems LLC, was created to develop and support software for fund of hedge funds to automate and manage

investment portfolio In finance, a portfolio is a collection of investments. Definition The term "portfolio" refers to any combination of financial assets such as stocks, bonds and cash. Portfolios may be held by individual investors or managed by financial profess ...

s. In 2018, the company received a significant investment from private equity firm H.I.G. Capital. At the time, Eze Castle had roughly 650 customers across the United States, United Kingdom and

Asia Asia ( , ) is the largest continent in the world by both land area and population. It covers an area of more than 44 million square kilometres, about 30% of Earth's total land area and 8% of Earth's total surface area. The continent, which ...

. In 2020, Eze Castle Integration acquired Alphaserve Technologies, a provider of infrastructure technology and digital IT services, bringing the company's client base to 800. In November 2020 the company acquired digital transformation firm NorthOut, Inc. The acquisition accelerates Eze Castle Integration's digital transformation offering for the financial and professional services industries. The acquisitions bring the company's client base to over 800 clients globally. In 2021, Eze Castle Integration rebranded as ECI.

Products & services

* Managed Services: Cloud solutions, networking and hardware, IT support. * Cybersecurity: Managed services for

security information and event management Security information and event management (SIEM) is a field within computer security that combines security information management (SIM) and security event management (SEM) to enable real-time analysis of security alerts generated by applications an ...

(SIEM), operations centers, dark web monitoring, phishing and threat training, vulnerability assessments and remediation, governance and risk management,

Chief Information Security Officer A chief information security officer (CISO) is a senior-level executive within an organization responsible for establishing and maintaining the enterprise vision, strategy, and program to ensure information assets and technologies are adequately p ...

(CISO) as a service. * Business Transformation: Cloud, application development,

DevOps DevOps is the integration and automation of the software development and information technology operations. DevOps encompasses necessary tasks of software development and can lead to shortening development time and improving the development life ...

, process automation, managed data services, strategic advisory,

distributed workforce Distribution may refer to: Mathematics *Distribution (mathematics), generalized functions used to formulate solutions of partial differential equations *Probability distribution, the probability of a particular value or value range of a varia ...

enablement.

References

{{reflist, 25em Financial software companies Information technology consulting firms of the United States Technology companies based in the Boston area Software companies based in Massachusetts Software companies established in 1995 Software companies of the United States