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SaaS by accountants for accountants and financial institutions.

  • Stage $500K in TTM Revenue
  • Industry IT Services
  • Location Norfolk, VA, USA
  • Currency USD
  • Founded March 2010
  • Employees 6
  • Website

Company Summary

ARCSys provides a SaaS platform for financial institutions to complete their regulatory and disclosure requirements for newly mandated GAAP and FASB requlations. Our initial module specifically addresses Loan/Lease/Loss Allocation. We provide a hosted, secure, repeatable process that provides the required reports and disclosures along with data integrity, and analytical capabilities. We provide big IT to small/medium sized organizations.


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    Dean Rodil

    Dean has over 15 years experience as an IT professional in senior management roles. He is a CISSP and CISA, and has managed IT organizations in shipping and insurance industries. He is a graduate of Old Dominion University (BA) and Northeastern University (MBA).

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    Steven Ballagh

    20 years in the field, his knowledge spans from accounting to technical consulting and developing software/applications experience with specific expertise in Application Development and Languages, Database Platforms and Development, Operating Systems, and Reporting Business Intelligence Applications. He is a graduate of Virginia Tech and is actively involved in the latest industry trends.

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    Michael Umscheid

    Michael has over 25 years experience in public accounting and consulting. He is a published author and co-editor of the Audits of Financial Institution Manual by Thompson Publishing and co-authors the PPC's Guide to PCAOB Audits. A member of the AICPA, he was a former member of the Auditing Standards Board. Michael is graduate of Virginia Tech.


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    Michael Drzal - LeClair, Ryan

Previous Investors

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    Center for Innovative Technology- CIT
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    New Dominion Angels