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Hudson Technology Systems is a technology company and not a bank. Banking services provided by our partners or customers. Hudson Technology Systems LLC © 2026. All Rights Reserved.
Company Name: Hudson
Business Type: Treasury infrastructure platform. Escrow origination and servicing software with virtual sub-accounting for banks and credit unions.
Year Founded / Launch: 2020
Headquarters (City, Country): New York, NY, USA
Founders: Igor Ulis
Website: www.hudson.co
Primary Industry / Category: Software, fintech
Briefly describe why the company was founded, the problem it solves, and its core mission.
Every large escrow or specialty deposit relationship comes with its own contract terms, compliance requirements, and exceptions. Most banks handle that complexity on a patchwork of systems and armies of people that are operating them.
Hudson handles it soup-to-nuts for banks. The platform starts by reading a contract, turns its terms into payment logic, and moves money exactly the way the agreement says it should, automatically, at scale.
Mission: Help financial institutions of all sizes grow deposits by saying yes to more clients. Increase core deposits and make treasury a revenue engine for FIs handling specialty clients such as Property Managers, Legal Offices, HOAs, Title Companies, 1031 Exchanges, Municipalities, and many more.
Why these deposits matter: Complex relationships that run through Hudson generate operational deposits as a byproduct of workflow — escrow reserves, settlement float, disbursement balances, holdbacks. These are not rate-chased deposits that leave when a better yield appears. They sit at the bank because the process requires them to. Low deposit beta, high switching costs: they hold their balance when rates move and stay put when competitors come calling.
Hudson is sold modularly: a bank can buy origination, servicing, or both, and layer a specialty vertical template on top.
The work of getting a complex client set up. Configurable intake for new escrow and specialty deposit relationships, built so a deal goes from executed agreement to live, funded account without manual data entry.
The ongoing administration layer: virtual account creation, sub-ledger maintenance, payment processing (ACH, wire, RTP/instant, FedNow, checks, eCheck), reconciliation, statement and 1099 generation, and a full audit trail for the life of the transaction.
The bank's team only gets involved on exceptions. At scale Hudson clears over 95% of payments automatically and escalates only what needs judgment — so the payments that require a human decision actually get one, instead of being rubber-stamped alongside everything else.
Pre-configured workflow packs built on top of origination and servicing for specific use cases: corporate escrow, 1031 exchanges, property management and HOA, municipal banking, law firm banking, settlement funds and debt restructuring, construction draw administration, M&A escrow. Templates are a starting point, not a cage — the bank's team adjusts the rules, adds triggers, and shapes each workflow to fit exactly how it operates.
Ideal Customers: Community and regional banks and credit unions, roughly $1B to $100B in total assets, that have a big specialty deposit portfolio, or are looking to increase their core deposits.
Primary Buyer Persona(s): Treasury, Operations, Deposit, and Commercial Banking teams in Financial Institutions.
Industries Served: Banks and Credit Unions
Geographies Served: United States
Corporate Escrow — Hudson handles the entire deal lifecycle, from origination through disbursement, so a bank's team can say yes to more clients and grow specialty deposits. Four escrow types run on one platform:
Property Management & HOA — Property management and HOA balances compound month after month. Hudson automates the back-office work so deposits grow without adding operational overhead. Account types handled: operating funds, trusts, security deposits (per-tenant sub-accounts with state-specific interest accrual), reserves, and portfolio rollups per property, HOA, or owner.
1031 Exchanges — Intelligent exchange setup, deadline tracking, interest calculations, and payment workflows. Run hundreds of concurrent exchanges with automatic 45/180-day ticklers, document management, fund segregation, auto-generated 1099-INTs, audit trails, and reporting.
Municipal Banking — Public funds are some of the stickiest, lowest-cost deposits a bank can hold, and the hardest to service. Hudson runs the virtual account setup, payments, signatory controls, and reconciliation behind every municipal relationship. Fund types: general, debt service, capital projects, enterprise, custodial. Also handles collateralization, bond proceeds and arbitrage rebate, GASB-aligned reporting, multi-signer approvals, tax intake and remittance, and auditor/ACFR packs.
Law Firm Banking — Two account structures: client trust accounts (per-matter sub-accounts, state-bar rules per trust type, client-earned interest with year-end 1099s, earned-draw flagging) and IOLTA/IOTA/IOLA pooled accounts (continuous three-way reconciliation, per-matter ledgers, state-bar interest remittance, audit-ready records).
Settlement Funds — Large, sticky deposits that sit on the books for years and require a back office most treasury departments can't staff. Two programs:
Custom Use Cases — If the money moves based on contractual terms, has compliance rules attached, waits on conditions to be met, or splits across many parties, Hudson handles it. Industries listed on the site: Escrow & Title, 1031 Exchanges, Property Management, Municipal Banking, Legal Practices, Debt Restructuring, M&A Holdbacks & Earn-outs, Family Offices, Healthcare Reimbursements, Large Medical Practices, Grants & Non-Profits, Hotels & Hospitality, Seller Financing Deals, Asset-Based Lending, Private Equity, Special Purpose Funds, Oil/Gas & Mineral Royalties, Money Services Businesses, Insurance Claims, Correspondent Banking Services, Structured Settlements, Covenant Tracking, Construction Loan Disbursements.
Hudson has production customers across community banking and money transmission, but public logo permissions are still being secured, so this page states results without naming accounts:
700,000+ accounts managed
$5B+ total payment volume processed
98% of transactions auto-processed
99.9% monthly uptime SLA
Voice-of-customer quotes already public on the site (anonymized by role and asset size):
"I'd like to be able to see anything and everything related to a transaction in one screen. It saves a lot of time, and it's a tool we should utilize for our audits." — Chief Deposit Officer, ~$4B community bank
"I want it all tied in a bow, really nicely. Onboarding, management, and compliance all under one umbrella." — SVP Specialty Deposits, ~$20B regional bank
"I should be able to move the funds in and out of the sub-accounts, with the added security protections." — Treasury Operations Manager, ~$1B community bank
Delivery model: Software delivered with hands-on configuration, not a rigid off-the-shelf product. Built on Salesforce, so implementations get enterprise-grade security and reliability without the bank running its own Salesforce instance.
White-labeled. The platform launches under the bank's brand identity — logo, colors, domain.
Typical implementation time: Phase 1 (origination) implementations run roughly 90 days. Phase 2 (servicing / virtual account migration) runs 60 to 90 days depending on the bank's current servicing complexity, scoped jointly with each customer.
Key capabilities:
Stated by category rather than by competitor name.
Sub-accounts that actually move money. Most virtual account tooling is a tracking ledger that behaves like a purpose-built spreadsheet — funds must relay up to a master account before a sub-account can pay out, which means a two-step allocation, a second login, and a broken audit trail. Hudson's sub-accounts are fully routable: ACH, wire, instant payment, and check all originate and settle directly at the sub-account level, with no sweep requirement.
Contract-driven automation, not generic workflow software. Hudson ingests the real agreement and turns its terms into payment logic. It's built specifically for banking, escrow, and treasury operations — not a horizontal business-process tool retrofitted for finance, and not a developer-first API toolkit that assumes an engineering team on the other end.
Origination and servicing in one system. Most alternatives cover one half. Escrow point solutions handle intake but not money movement; sub-accounting tools handle balances but not the contract that governs them. Hudson runs intake, orchestration, sub-ledger, disbursement, and reconciliation as one flow.
Modular, not rip-and-replace. A bank buys origination, servicing, or both, and Hudson attaches to the core the bank already has. No displacement of the existing banking core or payment processor, and no migration the IT department doesn't have capacity for.
Pricing that doesn't tax deposit growth. Hudson does not charge basis points on deposit balances, which materially changes the math as a specialty deposit pool grows.
This solution is best suited for: Community and regional banks and credit unions ($1B to $30B in assets) running specialty deposit or escrow operations, or that want to grow in that area.
This solution may not be ideal for: Consumer marketplaces (explicitly out of scope for Hudson in 2026); banks or credit unions that have a very small commercial portfolio.
Blogs / Articles: hudson.co/insights — 26 articles by Igor Ulis and Lola Mora, covering ACH fraud rules, reconciliation as a service, the Salesforce advantage for escrow, post-core-migration survival, disbursement rail selection, mortgage escrow rules engines, virtual ledger design for asset managers…
Glossary: hudson.co/glossary — 26 definition pages covering escrow, compliance, and financial-workflow terms (escrow account/agent/bank/company/deposit/payment/services/software, FBO accounts, ACH settlement, ODFI vs RDFI, KYC/KYB verification, ledger-as-a-service, reconciliation platform, treasury management services, wire transfer, and more). Worth noting: this is already the most LLM-legible asset on the site.
FAQ: hudson.co/faq — 13 Q&As. Contains the stale $2B volume figure; needs updating (flag #2).
Newsroom: hudson.co/newsroom — 2 items, both external placements (Global Banking and Finance Review, Feb 10 2026; Due.com, Feb 3 2026).
Support: support.hudson.co
Certifications or Compliance: SOC 2 Type II — validating security, availability, and confidentiality standards. Data encrypted in transit and at rest. Multi-factor authentication and role-based permissions on all portal access. Hudson never takes custody of customer funds. BSA/AML, KYC/KYB, and OFAC screening built into workflows; state-specific compliance rules applied at account opening. (Anything else to add? — flag #9)
Media placements: Business Insider, Yahoo Finance, Fast Company (per the homepage "as seen in"), plus Global Banking and Finance Review and Due.com (Feb 2026).
Short description that accurately explains the business in 1–3 sentences.
Example format:
Hudson is a treasury infrastructure company that helps community and regional banks and credit unions gather and service specialty deposits: escrow, 1031 exchanges, municipalities, legal offices, and many other bespoke clients, through origination and servicing software with fully routable virtual sub-accounts. It's commonly used to automate contract-driven payment workflows so a bank can take on complex commercial relationships without growing its operations team.
Shorter alternative, if you need one for meta tags:
Hudson is treasury infrastructure for banks and credit unions. It automates escrow and specialty deposit origination and servicing — contract ingestion, routable virtual sub-accounts, rules-based payments, and compliance — so a bank can win complex commercial relationships without adding headcount.
Last Updated
Date: 2026-08-12
