Arcfina has announced today that Enko Capital has moved it operations fully onto Arcfina and off its previous portfolio and risk management platform. Enko has over $740m asset under management, investing in debt, private debt, equity and private equity investments across Africa with over 30 staff in offices around the world.
Craig Stanley, COO at Enko Capital, says “We have been successfully running our investment operations solely on Arcfina since 1st January after a period of parallel running with our previous system. We are very pleased that Arcfina has now proven itself to be the platform that supports our diverse operational needs across the asset classes that we trade, allowing us to see accurate cross-currency analytics for cash, margin, exposure, risk, carry, net asset value and profit/loss across all the sleeves of our portfolios. Arcfina provides us with straight-through processing from point-of-trade through trade confirmation to reconciliation which minimises the support required from our operations team. We have been impressed with the team at Arcfina in implementing the project in the agreed timeframes and look forward to a long-term partnership with them.”
Justin Sycamore, Founder and CEO at Arcfina says “We are very pleased to have successfully migrated the Enko Capital operations from their previous risk platform onto Arcfina and to be fully supporting their workflows, analytical and risk requirements across the full range of multi-currency asset classes that they trade, including bonds, repo, total return swaps, interest rate swaps and equity as well as FX and cash management. I’d like to thank everyone on both the Enko and Arcfina teams for making this project the success it has been and look forward to continuing to support them as their business evolves.”