Feb 27, 2018

NEX expands relationship with MKP Capital Management to provide full spectrum of treasury and margin management services

NEX expands relationship with MKP Capital Management to provide full spectrum of treasury and margin management services

  • Services utilised by MKP Capital Management now include ENSO Core’s Exposure Management capabilities and triResolve Margin, the market leading collateral management solution

London, New York, Singapore, 27 February 2018NEX (NXG.L), a financial technology company at the centre of the global markets, announces today that it has expanded its agreement with MKP Capital Management, L.L.C. (“MKP”), a New York based hedge fund, to provide ENSO Core and its Exposure Management capabilities, as well as triResolve Margin, NEX’s web-based collateral management service.

ENSO Core’s Exposure Management tool will be enriched by over the counter (OTC) data directly from triResolve and triResolve Margin, NEX’s web-based portfolio reconciliation and collateral management service. This unique combination leverages the capabilities of two best in class NEX Optimisation services to create a consolidated view of exposure, margin and treasury activity across PB, cleared and OTC portfolios, facilitating next generation analytics and process efficiency.

NEX has historically serviced MKP with the triResolve portfolio reconciliation, Clientlink FX matching and NEX Regulatory Reporting services. By leveraging the full suite of services to include triResolve Margin and ENSO Core, the company can make more informed investment decisions and realise efficiencies across the trade lifecycle.

ENSO Core is NEX’s treasury, cash, counterparty and portfolio finance management service that caters to hedge funds and other buy side institutions. It has been recently awarded “Best Use of Emerging Technology” for its state of the art user interface framework and robust technology that enables managers to consume their data in an intuitive way.

triResolve Margin is the market leading collateral management service which has been adopted by over 110 firms globally. It utilises the triResolve portfolio reconciliation service to bring transparency and provide a truly automated margin call process.

Sean Perrotta, Partner and Head of Portfolio Finance & STIRT, MKP, said: “We are thrilled to further utilise the advanced suite of services offered by NEX and benefit from the company’s continued focus on new technology developments and innovation catered to the unique needs of the buy side. By bringing on ENSO Core and triResolve Margin, we are enabled to manage margin exceptions and overall cash flows in a workflow customisable to our specific investment needs.”

Ken Pigaga, CEO of NEX Optimisation, said: “NEX has seen a significant uptick in the adoption of its services that help clients manage the increase in margin call volume and complexity new regulations have generated. The suite of services we are now providing to MKP showcases NEX’s broad range of capabilities available to the buy-side looking for customised workflows to make their processes more effective in this new regulatory era. We look forward to bringing those critical efficiencies to MKP’s treasury management function.”

    • Oct 03, 2019

      Hazeltree Acquires ENSO Financial Analytics to Form the Global Leader in Investment Management Treasury and Portfolio Finance Technology Solutions

      NEW YORK, LONDON AND HONG KONG, Oct. 3, 2019 – Hazeltree, the leading provider of integrated treasury management and portfolio finance solutions, announced today that it has acquired ENSO Financial Analytics (ENSO), a leading provider of portfolio analytics for hedge funds and prime brokers, previously owned by CME Group Inc. (Nasdaq: CME). This acquisition solidifies Hazeltree’s position as the leader in treasury and portfolio finance solutions. IHS Markit (NYSE: INFO), a world leader in critical information, analytics and solutions, participated in the investment, alongside existing investors. Read More

    • Sep 09, 2019

      Global Custodian – Hedge Fund Annual

      Global Custodian – Hedge Fund Annual – Strategy Games Traditional COO and CFO roles at alternative investment managers no longer exist, as they are now required to be technology, compliance and investor relations experts.  ENSO’s Paul Busby and Ted O’Connor discuss the changing landscape and highlight new trends that are empowering these COO’s to adapt.... Read More

    • Jun 10, 2019

      2019 Managed Accounts – Bridging the Gap

      Commentary from ENSO, HedgeMark and Man FRM A decade since the financial crisis empowered managed accounts as the institutional go-to structure for transparency, liquidity and control of hedge fund strategies, assetson dedicated platforms continue to grow, driven by convergence, customisation and soon socially conscious investing. Unlike fund administrators, custodians or prime brokers that offer a... Read More