The firm is an active, fundamental research-driven manager serving a global client base. They are focused on growing investors’ wealth and improving the well-being of the environment and society as a whole. As such, they are a USD 2.2 billion alternative investments business unit within a larger group, which manages over USD 25 billion in assets.

The firm faced numerous challenges with their legacy investment management platform, which prompted the search for a better solution. Enfusion emerged as the ideal choice, especially given its strong local presence in the region. By engaging Enfusion, the firm sought to enhance efficiency and optimize tech spending, while establishing a “future-proof” operating model to support their growth and strategy over the long haul.

The search for an optimal platform led them to Enfusion. Enfusion stands apart from competitive platforms by helping clients achieve a smart operating model that integrates seamlessly across client teams and beyond. The Enfusion approach promised to significantly enhance operational efficiency. Advantages such as the platform’s intuitive and streamlined user experience, simplified onboarding process and user adoption, and lower training costs played a large part in the firm’s decision. Enfusion’s strong local presence in the region and its dedicated support team further strengthened their choice.

Enfusion integrates seamlessly across the organization via a single source of real-time data. For example, the firm uses Enfusion to streamline orders and benefits from the simplicity of creating company reports and fund-holding reports. Furthermore, Enfusion’s approach to product innovation, with weekly feature updates, ensures that the firm’s choice will remain future-proof, offering continuous support for their long-term strategy. 

The firm benefits from Enfusion in several operational areas. First, Enfusion simplifies their monthly NAV reporting. For an investment manager, this efficiency is crucial. While end-users conduct business using the Enfusion PMS and OEMS modules, Enfusion also natively includes accounting capabilities. The General Ledger functionality captures daily P&L and makes end-of-month NAV reporting straightforward and accurate. It minimizes manual work and the common situation of month-end headaches for operational team members. It helps generate simplified versions of reports for clients upon request. Finally, it seamlessly feeds data to the firm’s accounting platform of record.

The firm sees many benefits in day-to-day operations as well. They start the trading day on Enfusion, seamlessly integrating into their rebalancing workflow. For example, during implementation, Enfusion set up the OEMS to support the firm’s desired order workflows and connections to brokers.

Enfusion also built pre- and post-trade compliance rules, such as position and concentration limits before executing trades. If a trader in the process of rebalancing attempts to exceed a predefined limit on a particular security, the system will flag the trade and prevent it from being executed until it is reviewed and approved. Post-trade, Enfusion allows the firm to confirm best execution and optimal transaction costs, by providing insights into execution quality, ensuring that trades are made at the best possible prices. 

Enfusion’s intuitive interface reduces manual processing across the firm’s business. It provides clean and reliable data to send in end-of-day files to their headquarters. The process is smooth and efficient. It also reduces the potential for errors.

This seamless integration ensures that resources can spend more time on strategic activities rather than getting bogged down by operational inefficiencies. The resulting operational efficiency makes it easier to focus on communicating with more brokers and companies. It also allows them to emphasize quality of service and cost management with potential and ongoing clients. The result is a more efficient, reliable, and productive operating model that supports their business goals and strategy. "We achieve more profit and our clients achieve more return. It’s a win-win," said the Investment Manager.

The firm’s strategic alignment with Enfusion brings notable cost savings. Enfusion’s platform is a cost-effective solution that helps them eliminate unnecessary and redundant technology. For example, Enfusion embeds data in security masters so that clients do not have to pay for additional data licenses or APIs to additional systems. As a result, the firm has reduced its Total Cost of Ownership (TCO) by over 65%.

Other factors that lower TCO include Enfusion’s intuitive design, which reduces training time and costs required for users, and Enfusion’s management of a robust and reliable infrastructure on the client’s behalf. IT resources can be allocated more strategically, focusing on innovation rather than maintenance and troubleshooting.

These cost savings position the firm to reinvest in growth opportunities and enhance their competitive edge in the market.

Enfusion’s multi-tenant SaaS model provides seamless upgrades, which are pivotal for accelerating innovation at the firm. Weekly feature updates ensure the platform remains cutting-edge, enabling the firm to stay ahead in a competitive market. This model eliminates the need for time-consuming manual updates.

Another critical advantage is Enfusion’s scalable architecture. As the firm grows, Enfusion adapts seamlessly, accommodating increasing demands and evolving business needs. This flexibility supports the firm’s expansion plans, ensuring the platform can handle larger volumes and more complex operations, such as the planned build-out of an operations team globally.

For example, Enfusion’s integrated accounting capabilities will allow the firm to achieve more comprehensive financial management and reporting in the future. By providing a scalable and adaptable solution, Enfusion empowers their client to pursue ambitious growth objectives confidently, knowing their technology will support their evolving needs, such as launching new funds or investing in new asset classes.

The firm’s relationship with Enfusion has enhanced efficiency, reduced costs, and provided robust potential for future growth. Weekly updates ensure continuous improvement, future-proofing operations and providing strategic advantages. The choice of Enfusion’s platform also supports long-term digital transformation with its stable, open architecture. For investment managers like this, digital transformation is crucial in staying competitive, adapting to regulatory changes, and improving client services.

Discover how Enfusion can transform your operating model and drive growth. Contact us today to learn more about our innovative solutions for investment managers.