About Terrapin Technologies
We help wealth management firms get their data in good order to create a stronger foundation for efficient operations, smarter decisions, and scalable growth.
Helping wealth management firms put their data to work since 1995
Based in Minnesota, Terrapin Technologies provides data and reporting solutions for wealth management firms. We bring together complex data from custodians, clearing firms, insurance carriers, TAMPs, and other sources, then transform it into a centralized, accessible foundation for compensation, compliance, reporting, analytics, and advisor tools.
As the industry has evolved, the number of sources, systems, and processes firms manage has continued to grow. Terrapin has evolved alongside it while staying focused on a simple principle: data should make your business easier to run, not become another bottleneck.
Technology and expertise shaped around the way your firm works
Every wealth management firm has its own data sources, business rules, advisor structures, operational processes, and priorities. Terrapin combines flexible technology with hands-on data services and an experienced team that understands the work behind the data.
We begin by learning how your firm operates, where manual processes create friction, and what your teams need from their data. From implementation and configuration through adoption and ongoing support, we work collaboratively, set clear expectations, and shape the solution around your firm’s needs.
What guides our work
Getting data in good order
We centralize, standardize, and organize fragmented information so it can be used confidently across the business.
Finding the best solution
We look beyond the immediate request to understand the underlying need and align technology, tools, and services.
Driven by customer success
We remain engaged as needs evolve, helping customers adapt their data and processes to support new priorities and continued growth.
Executive Team
Kristefor Lysne
President, since 1995
As co-founder and president, Kristefor oversees all aspects of company management, providing vision, strategy and leadership for the growing organization. Kristefor is actively involved in the technical direction of Terrapin, adding his creative insight to both internal and client projects, while also focusing on corporate strategy, finance, and creating an innovative and inviting culture. His personal interests include curling, playing the mandolin, and spending time with his family at Rainy Lake.
Chris Olson
Director of Engineering, since 1996
Chris manages the design and development of the overall technology infrastructure and is responsible for Terrapin’s product development and database design. Chris also supervises the Information Security Program ensuring compliance with the technical, administrative, and physical safeguards in accordance with federal and state laws and industry regulations. Chris is a die-hard supporter of the Vikings and Wild, and he also enjoys traveling and spending free time with his wife and two daughters.
Tom Umphress
Director of Operations, since 2017
Tom heads the Operations department managing finance, human resources, and information technology. Tom also oversees third-party due diligence and vendor contract management. With over 25 years of experience in information technology management and operations Tom brings project management expertise, technical skills, and problem-solving acumen. Tom is an outdoor enthusiast actively involved in outdoor recreation advocacy and serves on numerous recreational related boards.
See what a stronger data foundation can make possible
Schedule a discovery call to discuss your firm’s data environment, operational priorities, and growth goals.