Limina is a cloud-based Investment Management System (IMS) for asset managers, asset owners, and hedge funds. See features, integrations, pricing tiers, and…
Category
Finance
Pricing
Usage-based SaaS license (not a percentage of AuM), priced by number of users, funds/portfolios, annual transactions, asset classes, and trading integrations. Published example tiers start around $12,800/month; custom enterprise pricing above ~$35,000/month for larger firms.
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Last updated
August 6, 2026
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Limina is a modern, cloud-native Investment Management System (IMS) built for growing asset managers, asset owners, and hedge funds. The platform brings portfolio management, order management, compliance and risk, operations, and reporting together in a single system, using exception-based workflows to cut down on manual work across the investment lifecycle. It is natively multi-asset, supporting equities, fixed income, fund-of-funds, FX, and listed and OTC derivatives, and connects to brokers, outsourced trading desks, and EMS providers via FIX and modern REST/websocket APIs. Limina targets buy-side firms managing roughly $100 million to $30 billion in assets, including funds, SMAs, and multi-asset strategies, with users spanning portfolio managers, traders, operations teams, and risk and compliance staff. The system is hosted on AWS with a multi-instance architecture that isolates each client's data, and it is priced as a usage-based SaaS license rather than a percentage of AuM.
Key Features
Portfolio Management — Dashboard with 300+ measures, look-through analysis, and rebalancing workflows across multi-asset portfolios.
Order Management — Multi-asset order workflows with broker connectivity via FIX for electronic trading.
Compliance & Risk — Pre-trade, intraday, and post-trade compliance checks, plus stress testing and VaR analysis.
Operations — Trade matching, reconciliation, cash management, and corporate actions handling.
Data Management & ETL — Automated data-quality controls with custom ETL workflows for integrating custodians and other service providers.
Performance Attribution — Transaction-based performance attribution using Brinson-Fachler models.
Pros & Cons
Pros
Single integrated platform spans portfolio management, order management, compliance/risk, operations, and reporting, reducing the need for multiple disconnected tools
Modern REST and websocket APIs plus FIX broker connectivity make it easier to integrate into an existing tech stack
Usage-based SaaS pricing rather than a percentage-of-AuM model, which can be more predictable as assets grow
Frequent release cycle (roughly every 3 weeks) with client-tested upgrades
Multi-instance hosting architecture isolates each client's data on AWS, with SSO, 2FA, and GDPR-compliant data locality options
Cons
No self-serve pricing or checkout — buyers must request a demo and go through a sales process to get a quote
Implementation can take anywhere from a few weeks to 6-12 months for larger firms with complex integrations, which is a meaningful onboarding investment
Entry-level pricing (roughly $12,800/month in published examples) targets institutional buy-side firms, putting it out of reach for very small funds or individual investors
As an integrated end-to-end platform, teams that only need one narrow capability (e.g. just compliance or just reporting) may be paying for more breadth than they need