The word ‘Variman’ has its roots in Sanskrit and means the ‘most excellent’.  The central purpose of Vairman is to empower excellence i.e. the best in class money managers, by delivering the most excellent service in the middle and back office at a compelling value proposition. This is simply done by continually innovating at the intersection of deep domain expertise and state-of-the-art technology with an unswerving commitment to superior client service.

Variman was founded in 2005 by capital markets practitioners and financial technologists with deep domain expertise and significant global experience.

Variman is one of the few remaining independent hedge fund administrators and is focused solely on serving the middle and back office needs of the fund industry.  It is backed by the ETA Group, which is a $5 billion MNC with a network of 140 entities with office in 22 countries.  The ETA Group operates in 16 broad industry verticals including Engineering, Manufacturing and Assembly, Business Services, Hospitality, Health Care & Oil and Natural Gas and employs over 72,000 people.

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