ENSO Financial Analytics (ENSO), a provider of data-driven investment and operational insights for hedge funds and prime brokers, has been named Most Innovative Technology Provider of 2015, according to HFM. The award recognizes ENSOs groundbreaking alpha-generating analytics, which is transforming the way that hedge funds and prime brokers communicate and exchange information, resulting in both improved return metrics and economics for both the fund and the dealer.
We are honored to be selected as the leading technology platform for innovation within this group of established industry providers, said Matthew Bernard, Partner and Co-founder of ENSO. He added, ENSO was founded on the principals of pure innovation, so this recognition highlights the fundamental core value of our business. By prioritizing our commitment to innovation, our clients are consistently equipped to stay well ahead of industry change. It is with their support that we are able to translate our collective ideas into realities, now and for years to come.
ENSO is comprised of two main platforms, ENSO Core and ENSO Color. ENSO Core, the backbone of the ENSO hedge fund offering, provides clients with data and insight on ROA metrics, counterparty credit risk, collateral management, and portfolio financing and treasury solutions. ENSO Color is a connective portal which enables prime brokers to send security specific color commentary and balance sheet reducing opportunities directly to clients.
With more than $800 billion in client assets under advisory (AUA), ENSO employs more than 70 professionals in the U.S. and UK and has 7 major broker-dealers on the platform. ENSO plans to provide the same high-quality operational insights and alpha-generating analytics to emerging managers in 2016.
HFMs awards pride themselves on identifying the best solutions in the hedge fund space. The current shifts in prime broker relationships demand a sophisticated and responsive monitoring system that can be applied to a range of hedge fund management businesses, said HFM. They added, ENSO provides this and far more, HFMs judges agreed that the firms treasury management system was beyond comparison.
The HFM Service Award for Most Innovative Technology Provider, one of their most competitive categories, recognizes the hedge fund service provider that has outperformed their peer group over the course of the year. The award is judged both quantitatively and qualitatively, selecting a final candidate that has demonstrated financial progress, growth and genuine innovation for a bespoke solution to both a client and industry problem.