CHICAGO, Oct. 10, 2018 /PRNewswire/ -- Enfusion, the leading provider of innovative, cloud-based investment management software and outsourced middle and back office services, has today announced their engagement as technology of choice for longstanding asset manager, Letterone Treasury.
Letterone is an international investment business managing $25bn AUM with over $7bn in a treasury portfolio primarily comprising fixed income, credit derivatives and private debt. Letterone transitioned from a large incumbent legacy system to Integráta in 4 months, whilst reducing their overall IT footprint and the total cost of ownership.
"Our previous system was supported by several other disparate processes run in isolation; with Integráta we have achieved a consolidated 'single-truth' across front, risk and back office functions. We have been impressed with Enfusion's willingness to invest in their cloud infrastructure and develop the additional functionality required for our ABS portfolio," said Simon McWilliams, Chief Financial Officer at Letterone Treasury.
Enfusion's market leading solution, Integráta, is recognized as one of the most intuitive and reliable investment management platforms in the industry. Providing execution, order, portfolio and risk management capabilities across multiple asset classes, Integráta brings real-time transparency into front, middle, and back office operations at lower cost.
"Innovation, customization and close collaboration are three qualities Enfusion has always championed," said Jason Morris, Enfusion President. "The opportunity to team up with Letterone and provide a comprehensive offering with enhanced functionality for their structured products is a tremendous outcome."
About ENFUSION For more than 10 years, Enfusion has provided technology innovation and support to the global investment management industry. Our market leading solution, Integráta, automates and simplifies investment management on a single platform and seamlessly provides asset managers full front-to-back office functionality across all asset classes. We also offer outsourced middle-and-back office services used by managers to streamline operations and reduce over-head expenses. As a strategic partner to over 350 top-tier firms worldwide, our clients manage more than $500+ billion in the hedge fund, institutional investment and wealth management industries. Enfusion is headquartered in Chicago, with offices in New York, London, Dublin, Hong Kong and Mumbai.