Kayne Anderson Strengthens Investment Operations After Successful Platform Migration to Enfusion
March 21 2024 - 8:00AM
Business Wire
Two-Phase Project Achieves Data Integrity From
Front To Back Office Using Enfusion
Enfusion, a best-in-class software-as-a-service (SaaS) platform
for investment managers, today announced the completion of the
second phase of a strategic investment management platform
migration by Kayne Anderson. Kayne Anderson is a leading
alternative investment management firm focused on real estate,
infrastructure, energy, credit, and growth capital.
The first phase focused on Order and Execution Management and
successfully concluded following a three-month disruption-free
deployment. The second phase further consolidated Kayne Anderson’s
front and back office onto a single platform with the
implementation of Enfusion’s accounting module in under seven
months.
By consolidating previously disparate on-premise systems onto a
single SaaS platform, Kayne Anderson has realized workflow
optimizations across front-, middle-, and back-office functions.
Improved order workflows have led to enhanced productivity and
operational efficiency.
“The implementation of Enfusion's integrated platform has driven
major efficiencies across investment operations at Kayne Anderson,”
according to Kayne Anderson CTO Jonathan Zhukovsky. “Whether that's
the investments side or the accounting, the operational efficiency
and TCO savings have certainly been a big win from our perspective.
I also feel good about highlighting the record time of
deployment."
Enfusion provides a single source of truth for investment data.
Portfolio, order, execution, position, and accounting data are
consolidated rather than siloed across systems. “Scattered data and
multiple systems tend to accumulate when firms have a long history
of growth and investing across many asset classes,” says Neal
Pawar, COO, Enfusion. “One of the best things a large firm can do
is clear the deck to see immediate benefits creating room to
continue to grow and change. Kayne Anderson’s forward-looking
technology vision has allowed them to seize that opportunity.”
About Kayne Anderson:
Kayne Anderson, founded in 1984, is a leading alternative
investment management firm focused on renewables,
infrastructure/energy, real estate, credit, and growth capital. As
responsible stewards of capital, Kayne Anderson’s philosophy
extends to promoting responsible investment practices and
sustainable business practices to create long-term value for our
investors. Kayne Anderson manages over $34 billion in assets (as of
12/21/2023) for institutional investors, family offices, high net
worth and retail clients and employs 330 professionals in five core
offices across the U.S.
For more information, please visit www.kayneanderson.com.
About Enfusion
Enfusion’s investment management software-as-a-service (SaaS)
platform removes traditional information boundaries, uniting
front-, middle- and back-office teams on one system. Through its
software, analytics, and middle/back-office managed services,
Enfusion creates enterprise-wide cultures of real-time, data-driven
intelligence, boosting agility, and powering growth. Enfusion
partners with over 850 investment managers from 9 global offices
spanning four continents. For more information, please visit
www.enfusion.com.
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Kayne Anderson Paul Blank pblank@kayneanderson.com
Enfusion media@enfusion.com
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