Enfusion appoints Global Head of Managed Services
Enfusion, a global provider of investment management technology solutions and services, has appointed Nancy Dornbush, as Executive Vice President, Global Head of Managed Services.
Dornbush will oversee Enfusion’s global-network of Managed Services clients and work alongside the organisation’s Product Management, Client Services and Technology teams to expand and evolve its outsourced service capabilities, foot-print and bottom-line impact.
This appointment comes at a time when Covid-19 has further exacerbated existing cost pressures and transparency and compliance requirements faced by the investment management industry. In fact, according to recent industry research, nearly three quarters of hedge fund managers are outsourcing at least a part of their operations today. Based on its own growth in recent months, Enfusion predicts further adoption of partial and fully based cloud infrastructure, particularly as more firms explore Managed Services as a way to pivot towards agile, scalable operations.
“We have made a commitment to invest in our Managed Services business as a core part of our overall growth strategy. Nancy’s appointment underscores this commitment as we continue to see industry-wide growth around the adoption of fully or partially cloud-based infrastructure,” Says Thomas Kim, Enfusion CEO. “Nancy’s outstanding track record and significant operational experience combined with her strategic vision will drive real and meaningful business impact for Enfusion.”
Dornbush brings nearly twenty years of financial services experience, specialising in human capital, technology and transformation initiatives to Enfusion. She joins the organisation from Paxos, where she served as the Global Head of Strategic Operations, supporting the firm’s external relationship with regulators and auditors. Previously, Nancy played an integral role in the creation of the post-trade technology and professional services firm, Arcesium; which spun out of DE Shaw Group’s accounting and operational infrastructure practice.
“I am excited to join Enfusion at a time of such rapid innovation and growth. Enfusion’s platform comprised of Managed Services provides the best-in-class software and analytics platform removes traditional information boundaries, uniting front, middle and back office in one seamless system,” says Nancy Dornbush. “Together, we will drive firms forward through strategic partnerships based on trust, transparency and passion.”