SteelEye and Enfusion partner for seamless order management and trade supervision; Alken Asset Management latest joint client
Apr.26.2023
April 26, 2023
NEW YORK / LONDON -- Enfusion, Inc. ("Enfusion") (NYSE: ENFN), a leading provider of cloud-native, software-as-a-service (SaaS) solutions for investment managers, today announced a new partnership with SteelEye, to offer joint clients a seamless experience, with trade and order data from Enfusion’s investment management solutions flowing automatically into SteelEye’s integrated compliance platform.
Traditionally, the implementation of trade-based compliance systems for surveillance, reporting, and best execution is lengthy and complex. The partnership between SteelEye and Enfusion takes the legwork out of implementing these systems and makes the process seamless. As a result, the onboarding of SteelEye is speedy with minimal effort from investment managers.
This was a key driver for Alken Asset Management selecting SteelEye and Enfusion.
“As we were diversifying our internal trading and compliance systems, we were looking for tools that would make the migration smooth and easy – and this is what we received with SteelEye and Enfusion. In fact, Alken Asset Management’s data was flowing from Enfusion into SteelEye’s UAT environment before we had even initiated the onboarding kick-off call,” said Divesh Patel - Operations Manager at Alken Asset Management.
“We decided to join forces with Enfusion to deliver additional value to our joint clients. The technical partnership goes a long way to address the pains of onboarding trading and compliance systems. In addition, joint clients get seamless access to SteelEye’s Integrated Surveillance tools which include archiving and communications monitoring – enabling them to do more with less,” added Matt Smith, CEO of SteelEye.
Also commenting on the announcement, Peter Salvage, Managing Director, Global Head of Channel & Alliance Partnerships at Enfusion, said: “We are delighted that Alken Asset Management selected Enfusion and SteelEye. The Enfusion and SteelEye partnership is a powerful solution for investment managers looking for a state-of-the-art OEMS and portfolio management solution that includes advanced surveillance capabilities.”
About Enfusion
Enfusion's investment management software-as-a-service (SaaS) platform removes traditional information boundaries, uniting front-, middle- and back-office teams on one cloud-native system. Through its software, analytics, and middle/back-office managed services, Enfusion creates enterprise-wide cultures of real-time, data-driven intelligence, boosting agility, and powering growth. Enfusion partners with over 800 investment managers from 10 global offices spanning four continents. Visit enfusion.com.
About SteelEye
Turn Supervision into Super Vision. SteelEye is the first and only truly integrated trade and communications surveillance solution. We empower financial firms with the data-driven tools and complete insights they need to focus on what matters, all from a single platform.
State-of-the-art algorithms and intelligent alerts proactively detect market manipulation and compliance breaches, while our holistic data model – which combines communications, trades, orders, news, and market data – provides intelligent insights and deep analytics. Founded in 2017, SteelEye has offices in the UK, North America, Portugal, and India. For further information, visit steel-eye.com.
Contacts
Investor Relations
Ignatius Njoku
investors@enfusion.com
Media
media@enfusion.com
Source: Enfusion, Inc.
Source Code: ENFN-IR
ENFN-CORP