The acquisiton will sit in ICAPs Post Trade Risk and Information business and will help their hedge fund clients deal with the rapidly changing financial and regulatory environment in the treasury and portfolio financing functions.
ENSO will become a subsidiary of ICAP’s Post Trade Risk and Information (PTRI) division. ENSO founders Matthew Bernard, Michael Gentile, and Dwaine Alleyne will continue in their leadership positions with ENSO and will report to Jenny Knott, CEO PTRI. ENSO provides powerful portfolio analytics to the hedge fund and asset management industry. ENSO’s team of prime brokerage, asset management, technology and data specialists deliver identifiable and measurable operational insight on counterparty credit risk, collateral management, and portfolio financing and treasury functions. With more than $1 trillion in total assets under advisory, ENSO provides operational insights and key analytics to many of the world’s most successful fund managers.
http://www.businesswire.com/news/home/20160414005139/en/ICAP-Acquires-ENSO-Financial-Analytics