Salmon Software Strengths, Domain Expertise, and Key Differentiators
Salmon Software's strength lies in its diverse product portfolio, exemplified by the Salmon Treasurer TMS with 120 modules. The integration of AI and ML features, combined with thieir experience, provide clients with a comprehensive solution for managing trades across diverse markets.
Salmon Software Recent Developments
In March 2023, Salmon Software experienced a notable shift in leadership with the appointment of CEO Michael Kearney. John Byrne will support Michael during an initial transition period and continue his long relationship with the company as a non-executive director with a significant minority shareholding.
The recent release of Salmon Treasurer version 5 showcased the company's commitment to innovation. This version introduced new features and modules, including the Market Risk-Free Rates Module, simplifying the transition from LIBOR to Sterling Overnight Index Average (SONIA), Secured Overnight Financing Rate (SOFR), and Swiss Average Rate Overnight (SARON), which are essential for adapting to the evolving global financial landscape.
Salmon Software Mergers and Acquisitions (M&A) Activities
In 2023, Melior, an investment firm founded in 2019 by former Irish managers with US investment giant Carlyle Group, Jonathan Cosgrave and Peter Garvey, paid around €15 million to buy about 70 per cent of Salmon Software. The deal saw Mr Byrne, sell some of his shares in the fintech, but most of the investment was by way of the acquisition of new stock to grow the business further.
Salmon Software Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Salmon Software applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Salmon Software and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified Salmon Treasurer customers.
Salmon Software Overview
Unit G2 Riverview Business Park Nangor Road
Dublin, x, Dublin 12, Ireland
353-1-4605305
https://www.salmonsoftware.ie/
Ownership: - Melior Equity Partners
Number of Employees: 35
Functional Markets: Analytics and BI, TRM,
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communications, Construction, Real Estate, Consumer Packaged Goods, Distribution, Federal Government, State and Local Government, Public Safety, Healthcare, Life Insurance, P&C Insurance, Specialty Insurance, Life Sciences, Manufacturing, Media, Oil and Gas, Chemicals, Professional Services, Retail, Transportation, Utilities,
Salmon Software Key Enterprise and Cloud Applications
Salmon Treasurer
Salmon Software Revenues, $M:
| Type/Year | 2022 | 2023 | YoY Growth, % |
|---|---|---|---|
| Total Revenues, $M | Subscribe | Subscribe | Subscribe |
| Enterprise Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
| Cloud Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
Salmon Software Revenue Breakdown By Type, $M:
Salmon Software Enterprise Applications Revenues By Functional Markets, $M:
Salmon Software Enterprise Applications Revenues By Verticals, $M:
Salmon Software Revenues By Region, $M
| Region | % of Total Revenues | 2023 Total Revenues, $M | 2023 Enterprise Applications Revenues, $M | 2023 Cloud Applications Revenues, $M |
|---|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe | Subscribe |
Salmon Software Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
Salmon Software Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Salmon Software Customers
No. of Salmon Software Customers: 100
No. of Salmon Software Enterprise Applications Customers: 100
No. of Salmon Software Cloud Customers: x
No. of Salmon Software Cloud Subscribers: x
Salmon Software caters to a diverse clientele, previous customer wins include industry giants such as Kelda Group, Fidelity, Airbus, CRH, Kingspan, Ryanair, Avolon, Dubai Aerospace Enterprises, Saint-Gobain, DP World, DCC Plc, Securitas, AB Ports, Fexco, Moy Park, Arqiva, First Group, Debenhams, Bank of Liechtenstein, Iglo Foods, Secro, and several others.
Salmon Software Market Opportunities, M&A and Geo Expansions
The company's global presence extends to diverse regions, with recent expansion in Africa and in the Middle East & Gulf region. This geographical diversification positions Salmon Software to tap into emerging markets and meet the rising demand for financial technology solutions.
Salmon Software Risks and Challenges
The internal challenges that Salmon Software faces include integrating TGold's cloud product and managing the migration of on-premise customers. External factors such as political and security instability in new market expansions, along with the volatile economic and regulatory policies, also pose potential risks.
Salmon Software Ecosystem, Partners, Resellers and SI
In Salmon Software expanded its global reach by establishing a significant presence in the flourishing markets of the Middle East & Gulf countries through a strategic partnership with Dubai-based Saiber Innovation Technologies.
In the Fintech sector, Saiber is known for offering modern solutions in Artificial Intelligence/Machine Learning for the Analytics space, catering primarily to banks and financial institutions. By collaborating with Salmon Software and integrating the Salmon Treasurer into its portfolio, Saiber now delivers a comprehensive system functionality to corporate clients. This includes enabling centralized or decentralized treasury operations, facilitating management of unlimited accounts, facilities, books, funds, dealers, and companies in the region.
Previously, Salmon Software joined forces with Zeevo Group, a consulting services firm specializing in business, finance, and information technology. As a result of this collaboration, Zeevo clients gained access to comprehensive treasury advisory services, augmented by Salmon's integrated treasury platform. This platform is designed to optimize liquidity management, provide advanced risk monitoring, and enhance operational risk management, further solidifying Salmon Software's position as a direct sales-oriented company.
Salmon Software Cloud Infrastructure Insights
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- Salmon Software Public Cloud and Infrastructure (IaaS)
- Salmon Software Platform (PaaS)
- Salmon Software Application Delivery
- Salmon Software Private Cloud and Data Centers
Research Methodology
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
For additional information on our methodologies, here's the link:
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