SteelEye, the integrated surveillance solutions provider, has partnered with Enfusion, a provider of cloud-native investment management software and services, to provide joint clients with a seamless experience, allowing trade and order data from Enfusion’s investment management solutions to flow automatically into SteelEye’s integrated compliance platform, which recently integrated ChatGPT 4 for enhanced market surveillance capabilities.
Typically, implementing trade-based compliance systems for surveillance, reporting, and best execution is a lengthy and complex process. However, the partnership between SteelEye and Enfusion aims to simplify the implementation of these systems, resulting in a streamlined onboarding process for investment managers.
This efficient integration was a key factor in Alken Asset Management’s decision to choose SteelEye and Enfusion. Divesh Patel, Operations Manager at Alken Asset Management, said, “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.”
Matt Smith, CEO of SteelEye, added, “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.”
Peter Salvage, Managing Director, Global Head of Channel & Alliance Partnerships at Enfusion, also commented on the announcement: “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.”
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