SS&C signs more than 150 clients to Eze Eclipse
SS&C Technologies Holdings has signed on more than 150 clients to Eze Eclipse, SS&C Eze's cloud-based front-to-back office investment management platform.
SS&C Eze has also appointed Ennio Carboni to spearhead product and engineering for Eclipse and Eze Investment Suite.
Eze Eclipse is a cloud-native platform for investment managers looking to streamline trading operations, optimise efficiency and minimise the total cost of ownership. It helps organisations such as hedge funds and private equity firms optimise their daily responsibilities and mitigate risk.The platform had more than 50 clients go live so far in 2020, remotely onboarding one to two firms a week on average since the start of the Covid-19 pandemic. Eze Eclipse more than doubled its client base among hedge funds, family offices and other asset managers in the last 12 months and has retained 100 per cent of clients.
“Eze Eclipse nailed it. There is an abundance of features, functionality, and workflows that are available right out-of-the-box, and the functionality grows alongside your business," says Venera Giannetto, Alpine Peaks Capital's CFO and COO. "Eze Eclipse institutionalised our infrastructure, which allows us to optimise our day-to-day activities, mitigate risk, and maximise efficiencies."
Recent enhancements focused on front-office improvements, including modelling enhancements and a quick-entry trading ticket, which improved trade entry speed by 70%*. Eclipse also streamlined reconciliation and added the capability to view and troubleshoot progress from a single view. A new mobile app empowers portfolio managers, traders, and compliance officers to conduct critical investment activities directly from their iPhone or Android devices. The app leverages Eze Eclipse’s innovative microservice architecture and enables continuous updates in a highly scalable, reliable, and secure manner.
"We are excited about the rapid adoption of Eze Eclipse over the past few years. Our clients enjoy the benefits of a modern cloud solution backed by an organisation with more than 34 years of experience," says Michael Hutner, SVP, General Manager of SS&C Eze. "We look forward to furthering our innovation under Ennio's leadership and welcome him to the team."
Carboni will lead SS&C Eze's global product and engineering team of roughly 400, half of whom focus on Eclipse. Carboni joins SS&C Eze from VMWare, where he led SaaS product management for CloudHealth.