EJF Capital Taps Arcesium for Middle- & Back-Office Functions

EJF manages $4.9 billion in assets; DE Shaw and Blackstone Alternative Asset Management are also clients of Arcesium.

EJF is headquartered in the Washington, DC suburb of Arlington, Virginia

EJF Capital has selected Arcesium's platform to improve its middle- and back-office processes.

"We are pleased to engage Arcesium and its technology and services to help EJF perform critical reconciliation, portfolio analytics, performance reporting and treasury management functions," said Neal Wilson, chief operating officer of EJF, in a statement.

Founded in 2005, EJF has nearly $5.0 billion under management and is headquartered in Arlington, Virginia, with offices additionally in London and Shanghai.

Based out of New York, Arcesium's roster of clients ─ which includes DE Shaw and Blackstone Alternative Asset Management ─ manages or administers over $60 billion in alternative assets.

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