-- Firm reports triple-digit growth in APAC as Chinese managers turn to 
Enfusion's cloud software to optimize efficiency 

Enfusion ( 
https://c212.net/c/link/?t=0&l=en&o=3043793-1&h=436521527&u=https%3A%2F%2Fwww.enfusionsystems.com%2F&a=Enfusion 
), the leading provider of cloud-based investment management software, 
announced today a record number of 14 new clients in China and overall 
double-digit growth in Asia Pacific (APAC) in 2020. Enfusion's growth 
underscores the increasing demand among international institutional and 
alternative investment managers looking for robust platforms to support 
domestic and global trading.

Logo - https://mma.prnewswire.com/media/660825/ENFUSION_Logo.jpg 

The newly signed Chinese managers represent an additional USD $7.4BN in assets 
under management (AUM) that will run through Enfusion's cloud-native SaaS 
software.  New Chinese clients include Orient Securities International 
Financial Group Limited, Yaozhi Asset Management International Co., Limited and 
China Securities (International) Finance Holding. Ping An of China Asset 
Management (Hong Kong) Company Limited, the asset management arm of Ping An 
Insurance (Group) Company of China, is also among the new clients signed and 
will utilize Enfusion's portfolio management solutions and accounting offerings 
across 19 funds. 

As more Chinese investors seek out offshore investments, a new wave of 
operational challenges has emerged. Traditionally reliant on domestic 
investment platforms, many Chinese managers now find their systems unable to 
accommodate the diverse nature of their onshore and offshore investments, 
forcing them to use disparate systems which are cumbersome, error-prone and 
take valuable time away from the investment process. Many institutional 
managers have since turned to Enfusion to streamline this process across the 
front-middle-and back office, ultimately providing the accuracy, transparency 
and efficiencies needed to support rapid international expansion.  

"We have been watching the changes in the Chinese market and are confident that 
our solutions will continue to equip investment managers with the tools needed 
to diversify their strategies, manage risks and exceed investor demands," said 
Thomas Kim, CEO of Enfusion. "Our ability to deploy and operationalize systems 
quickly, especially during times of high growth is a competitive advantage 
we're proud to provide our global clients, including those in China." 

China Securities (International) Finance Holding said, "We needed a 
front-to-back solution to react more quickly to market opportunities. Previous 
manual processing ended up causing high costs, more time, and human errors. To 
scale the business growth while reducing operational risk, we decided to 
leverage technology to prevent manual intervention." 

In addition to the growth in China, Enfusion signed and onboarded a record 58 
new fund managers in APAC, totaling USD 21BN AUM. Enfusion's growth in APAC 
comes at a time when the industry is facing massive fee compression and 
uncertainty on the heels of the global pandemic. As the search for alpha 
becomes more complex, managers are rethinking their technology stack to reduce 
cost and mitigate risk. 

"As the shifting geopolitical and economic landscape enhances cost pressures 
for institutions in the market, our cloud-native SaaS offerings can help 
managers realize ROI more quickly and with shorter implementation cycles than 
alternatives hosted on-premise, ultimately unlocking efficiencies and resources 
across the entire organization," said Bob Feng, Enfusion's Head of APAC. "We 
are encouraged by the growing number of APAC managers welcoming our cloud 
solution and single dataset approach and look forward to building on this 
growth in 2021."

About Enfusion 
Enfusion's investment management software-as-a-service platform removes 
traditional information boundaries, uniting front, middle and back-office teams 
on one cloud native system and across one golden data set. Through our 
industry-leading software, analytics, and middle/back-office managed services, 
we create enterprise-wide cultures of real-time, data-driven intelligence, 
boosting agility, and powering growth.

As a Fintech leader and pioneer in developing innovative solutions, Enfusion 
partners with 500+ investment managers from nine global offices spanning four 
continents. In 2020, HFM named Enfusion as the "Best Overall Technology Firm", 
"Best Trading & Execution Technology", "Best Integrated Solution" and "Best 
Managed Services Provider". For more information about its technology and 
Managed Services capabilities visit: https://www.enfusion.com/.

SOURCE:  Enfusion 


CONTACT: Lorelei Skillman 
         Chief Marketing Officer
         lorelei.skillman@enfusionsystems.com