Northern Trust Establishes Relationship with Enfusion

Northern Trust (Nasdaq: NTRS) has established a relationship with Enfusion, Inc. ("Enfusion") (NYSE: ENFN), a leading provider of cloud-native investment management software and services, to provide portfolio management, order and execution management system (OEMS), and analytics capabilities to mutual clients.

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This cooperation will enable mutually supported interfaces between the Enfusion platform and Northern Trust's core asset servicing platforms, thus expediting implementations, improving data access, and, ultimately, increasing operational efficiency. 

"Institutional investors are looking for holistic solutions that combine ease of use with best-of-breed optionality," said Marc Mallett, Global Head of Whole Office Strategy at Northern Trust. "By integrating Northern Trust's suite of services with the Enfusion platform, we can answer the growing demand for end-to-end, orchestrated ecosystems for the entire investment lifecycle."

"Platforms like Enfusion and service providers like Northern Trust play a critical role in our clients' operational infrastructures," said Thomas Kim, CEO at Enfusion. "By building on each other's strengths and creating a seamless workflow, our mutual clients will be able to more quickly and fully derive business benefits from both organizations."

Building on the alliance, Enfusion has co-developed a certified, mutually supported interface with Northern Trust partner Equity Data Science, Inc. (EDS), which is in use by several joint clients. EDS offers a cloud-based platform that provides applications and decision-making tools to asset managers and hedge funds across the investment lifecycle, including idea generation, research management (RMS), portfolio construction, risk management and performance attribution.