ENSO and EBS Treasury Partner to Create Leading Hedge Fund Basel III Optimization Platform

04 August 2016
Matthew Bernard, ENSO Co-Founder

NEW YORK/LONDON [August 4, 2016]ENSO Financial Analytics (ENSO), a leading portfolio finance and treasury solution for hedge funds, has partnered with EBS Treasury, an award-winning ICAP owned and established Money Market Fund (MMF) platform for the corporate community, to provide cash and collateral movement workflows to ENSO clients. EBS Treasury is powered via Swift Messaging, and by connecting the two platforms, ENSO clients will be able to make money market sweeps and cash movements through EBS Treasury and further optimize counterparty relationships.

“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 and act on the opportunities already identified in ENSO Core and ENSO Edge,” said Matthew Bernard, Chief Executive Officer of ENSO.

The integration of the two platforms has already commenced and initial access will soon be available for all clients. Full integration will enable ENSO users to access EBS Treasury functionality directly through the ENSO platform.

“EBS Treasury and ENSO are cutting-edge platforms which have a track record of client-centered innovations, and today’s partnership is the latest example of our strategy to diversify our customer base and add new products,” said Justin Meadows, Chief Executive Officer of EBS Treasury. He added, “This partnership will enable clients to utilize EBS Treasury’s trading and workflow tools and take further action in efficiently completing their cash movements. We look forward to building upon this relationship with ENSO.”

In 2015, EBS BrokerTec, ICAP’s market-leading electronic foreign exchange and fixed income businesses, combined MyTreasury (now EBS Treasury) as part of its expansion strategy which added FX to the product mix.

“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,” said Jenny Knott, Chief Executive Officer of ICAP Post Trade Risk and Information.

With more than a $1 trillion in client assets under advisory (AUA), ENSO has 14 major broker-dealers on the platform.

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