ENSO partners with EBS Treasury 04 August 2016New York Reporter: Mark Dugdale
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ENSO Financial Analytics has partnered with ICAP’s money market fund (MMF) platform EBS Treasury for cash and collateral movement workflows.
Using EBS Treasury, ENSO’s hedge fund clients will be able to make money market sweeps and cash movements through the platform and further optimise counterparty relationships, according to ICAP. ENSO works with 14 major broker dealers and has more than a $1 trillion in client assets under advisory.
The integration of the two platforms has already commenced and initial access will soon be available for all clients.
Matthew Bernard, CEO of ENSO, said: “Our focus at ENSO has been to develop an end-to-end solution that connects customers with their data, opportunities, and workflow.We are excited to partner with EBS Treasury and take the natural next step in providing this new functionality for our customers, enabling them to seamlessly move both cash and collateral across counterparties through the ENSO platform.”
Jenny Knott, CEO of ICAP Post Trade Risk and Information, added: “By adding ENSO’s ability to identify market opportunities to EBS Treasury’s cash and collateral movement capabilities, we believe this partnership is a powerful collaboration in the path to create a suite of wide-ranging solutions for managers, and will benefit the balance sheet constrained prime broker community.”
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