Fund Accounting & Reporting, Integration Praised
Eze Software Group, a premier provider of global investment technology, has seen Eze Software Investment Suite recognized for its middle- and back-office capabilities by two leading industry publications. HFM Week awarded the suite the title of “Best Fund Accounting and Reporting Solution”, and FTF News named the suite “Best Middle-to-Back-Office Integration Solution” at its 2016 Technology Innovation Awards.
The annual HFM European Hedge Fund Services Awards, held on April 21, 2016 in London, recognize hedge fund service providers that have demonstrated excellent customer service and innovative product development over the last 12 months.
The FTF News Technology Innovation Awards, to be hosted on May 17 in New York, recognize achievements in operations. More than 250 nominations competed for nearly 28,000 votes in 2016.
“We are honored to see our achievements in the middle-to-back-office space recognized by these industry-leading organizations,” said Pete Sinisgalli, CEO of Eze Software Group. “We continue to focus on perfecting integration within Eze Software Investment Suite to optimize investment management and operations workflows for our clients.”
Eze Software has sought to address challenges brought on by more regulation, and subsequent need for more regulatory reporting, by offering an integrated solution to customers’ trading and reporting needs. One area of focus has been creating a seamless workflow between Eze Portfolio Accounting, the fund accounting solution, and the order management system, supporting features such as end-of-day synchronization. Enhancements have included the release of functionality to address the need for European Market Infrastructure Regulation (EMIR) reporting, Alternative Investment Fund Managers Directive (AIFMD) Reporting, and other enhancements to post-trade processes across asset classes. Eze Software Group also added Investor Accounting to its suite following the acquisition of TKS Solutions, a specialty software provider of shareholder and partnership accounting tools, in Q4 2015.
Clients have expressed an appetite for integrated solutions: in 2015, Eze Software Group added 275 new clients using one or more applications within EzeSoft Investment Suite across all major market regions. Of those, at least 35 deals involved some combination of order management, portfolio accounting, and execution management.