Legacy System Conversion

HF was founded in the year 2000 and like many firms at the time, their technology infrastructure was built using several big-name systems in an effort to cover the entire front-to-back workflow. Separate systems included a “wipe and load” OMS, an accounting system and a data warehouse – all of which required their own separate IT server to be installed locally at HF. The three disjointed systems forced the HF to load their OMS positions every morning, reconcile the data, then load their trading information into their accounting system every evening and reconcile the data again.

As HF grew, the task of managing manual processes, multiple vendors, additional IT contractors and a fragmented workflow was time consuming as well as expensive. In 2014 HF approached Enfusion, by way of referral, looking to replace their accounting system. After months of due diligence, HF decided that Integráta was more affordable and flexible than any other system they demoed. After 18 months of using Integráta, HF opened an additional discussion with Enfusion as they wanted to cut more cost and improve inefficiencies by replacing their OMS system.

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400+

Broker algos

Industry Leading

Compliance technology

Enfusion Provides

Significant Cost Reduction

Integráta streamlined what previously required multiple software applications with separate vendors and manual processes into one consolidated system across OMS, EMS, PMS, Risk, Accounting & Compliance. Consolidating into one vendor with one system significantly reduced HF’s overhead.
Integráta is cloud-based and fully hosted by Enfusion which dramatically reduced HF’s cost in maintaining multiple IT servers and various outsourced IT vendors to manage servers.

Zero Technology Foot Print

Enfusion’s weekly software updates further enhanced HF’s automated functionality without disrupting existing workflows.
The cloud-based solution also facilitated employees working remotely without complicated VPN sessions.

Automated Workflows

HF’s functional gaps were filled in the areas of pre-trade compliance, specific position sizing, rebalancing functionality as well as complex and unique allocation requirements.

Expanding the Relationship with Enfusion

After years of a successful partnership, HF is now looking to replace another costly vendor with Enfusion’s data warehouse and fund reporting platform – Enfusion Visual Analytics (EVA).

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