Northern Trust Announces Alliance with Enfusion

Northern Trust has established a relationship with Enfusion, Inc., a provider of cloud-native investment management software and services, to provide portfolio management, order and execution management system. Through this collaboration, Enfusion and Northern Trust offer asset manager, hedge fund and internally managed asset owner clients a fully integrated, end-to-end solution that can streamline workflows while leveraging each company’s strengths. Enfusion’s software-as-a-service (SaaS) platform, which has operated cloud-natively since inception in 2006, delivers portfolio management, trade execution, order management, and risk management functionality from a single platform, removing key operational and technical barriers that asset managers and hedge funds face. The software components work from a single, unified dataset, keeping investment and accounting books of record (IBOR and ABOR) in sync throughout the trading day, so the front, middle and back offices all have access to the same information. Building on the alliance, Enfusion has co-developed a certified, mutually supported interface with Northern Trust partner Equity Data Science, Inc. (EDS), which is in use by several joint clients. EDS offers a cloud-based platform that provides applications and decision-making tools to asset managers and hedge funds across the investment lifecycle, including idea generation, research management (RMS), portfolio construction, risk management and performance attribution. This collaboration demonstrates the power of the Northern Trust Whole Office strategy to look across the spectrum of client challenges and join forces with market-leading companies that can provide cutting-edge solutions. Northern Trust Whole Office is an advanced open architecture, multi-asset class strategy serving diverse market participants including asset managers, asset owners, investors and third-party administrators. By integrating proprietary architecture with innovative partners, Northern Trust Whole Office facilitates client access to new technologies and capabilities across the spectrum of strategy and trading, operational, data and digital and analytics solutions.