Terrapin Technologies is the premier provider of data, software, and consulting solutions. Founded in 1992, the company has over 25 years’ experience working with leading broker-dealers in the financial services industry.

We deliver a complete solution, with enterprise-wide services including:

  • Data aggregation and Management
  • Compensation and Commissions
  • Reporting and Analytics
  • Compliance Management


These services are delivered via our core application Pandia, a Software as a Service (SaaS) solution. We continually upgrade Pandia to help you stay in compliance with the financial industry’s fluid regulatory environment and support your growing business.

Terrapin Technologies is a privately held company located in Minneapolis, Minnesota. Launched in the early 90’s as an advisory service to insurance companies, Terrapin became a provider of comprehensive solutions for broker-dealers. Terrapin has an unparalleled track record of aggregating, processing, and managing client data.


Our mission is to create and integrate solutions to the complex business problems that face our partners in the financial services industry.


We Love Clean Data

We help our clients maintain reliable data. During the first phase of implementation, we make sure the data is clean. Then we use powerful data aggregation tools to combine numerous data sources (e.g. Pershing, DTCC, DST, etc.) into Pandia.

Post implementation, we curate the ongoing aggregation activities overseeing and maintaining our client’s data. Clean data means accurate commission payouts, up-to-date reporting, timely compliance flags and accurate customer balances.

Quality Assurance

We do not outsource any of our system development (designing or programming). We utilize the latest best practices in agile development and we have a robust and thorough change control process. It’s all done by Terrapin employees – the same people with years of experience supporting broker-dealer data operations.

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Kristefor Lysne

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

Chris Olson

Director of Engineering, since 1996

Chris supervises Terrapin’s Information Security Program and manages the design and development of the overall technology infrastructure. He oversees compliance with the technical, administrative, and physical safeguards in accordance with applicable federal and state laws and industry regulations. He is responsible for developing web applications, process analysis, database design and maintenance, and compliance report development. Chris is a die-hard supporter of the Vikings and Wild. He also enjoys traveling and spending free time with his wife and two daughters.
John Mahowald

John Mahowald

Director of Service Delivery, since 1997

John’s main role is the enhancement and maintenance of Terrapin’s data aggregation system. He specializes in the aggregation of commission and account data and plays a lead role in the technical implementation of our service for clients. John designs fully automated interfaces with financial providers, most recently Pershing Subscribe. Outside of work, John loves watching the Minnesota Wild and spending time with his wife and two daughters.
Steve Erickson

Steve Erickson

Principle Engineer, since 2004

Steve oversees our development process. He is in charge of the development and integration of modern technologies into our software and leads the R&D team. Steve has been defining and defending high quality standards and practices since 2004. Steve, a pinball enthusiast and music lover, enjoys building Legos with his son Miles.

James Pfeiffer

James Pfeiffer

Marketing Manager, since 2011

James is Marketing Manager at Terrapin Technologies with responsibility for marketing initiatives and corporate communications. He oversees digital marketing campaigns from ideation to execution and is recognized as a collaborative team player that motivates and inspires others. With his free time, James enjoys woodworking, playing board games with his kids, and going to concerts with his wife.

David Simon

David Simon

Account Executive, since 2019

David heads the business development department. He partners with clients to design a better way to operate so they can focus more on strategic goals and instead of administrivia. David has been able to connect and serve people in a customer service capacity for over 20 years. David appreciates traveling with his wife and their young daughter and spending time with some of his family residing in Madison, WI.

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