Standardizes Front-to-Back-Office Operations Workflows
Duet Group, a global alternative asset manager with more than USD5.6 billion in assets under management, has completed the rollout of Eze Software Investment Suite across its front-, middle- and back-office operations. A strategic partner and long-time client of Eze Software Group, Duet has been expanding its footprint in emerging markets through multiple mergers and acquisitions, and has used Eze Software to centralize its existing businesses and seamlessly integrate new business into the platform. Duet uses the full Investment Suite in the U.S., EMEA, and MENA regions to ensure straight-through processing of orders for all of the firm’s major operations.
“Eze Software Group has been instrumental in helping us standardize execution and operational processes through all of our offices globally, and continues to provide round-the-clock support for our entire team. With Eze Software Investment Suite, we have been able to restructure procedures to ensure automated compliance logic is built into the investment workflow for all of our products. For example, Duet now uses all of the pre-trade and post-trade UCITs compliance rules on Duet’s proprietary UCITs platform,” said Paul Reynolds, Director of Operations at Duet Asset Management Limited.
“We’re excited to see our long-time partner Duet Group implement Eze Software Investment Suite as its platform of choice,” said Gerry Gualtieri, Senior Managing Director for EMEA. “We believe seamless integration between order management, compliance, execution management, and portfolio accounting allows our clients to optimize day-to-day workflows, and focus on their main job: making great investments.” Eze Software saw more than 35 deals in 2015 involving some combination of Investment Suite applications.
Founded in 2002 by Henry Gabay, Duet Group manages more than USD5.6 billion across three main business areas: Hedge Funds/Long Only Funds, Private Equity, and Real Estate. It employs 88 professionals in London, New York, Dubai, New Delhi, Accra, and Cairo.