3145: How Enfusion is Redefining Asset Management with Tech

[00:00:04] How can asset managers navigate the increasing complexity of diverse portfolios, all while leveraging technology to streamline operations?

[00:00:16] Well, in today's episode of Tech Talks Daily, I'm going to be talking to the CEO of Enfusion,

[00:00:23] a company that has been transforming investment management solutions since way back in 1997.

[00:00:29] And with decades of experience as both a provider and a user of investment solutions,

[00:00:36] my guest is going to be offering unique insights into managing the challenges of modern asset management.

[00:00:43] From harnessing clean data environments for AI and analytics to fostering cross-departmental collaboration,

[00:00:50] my guest is going to be sharing his actionable strategies for staying agile in an increasingly demanding industry.

[00:00:57] So, what are the key opportunities for innovation in private credit markets?

[00:01:03] How can technology drive success in this evolving space?

[00:01:07] Well, I'm afraid I don't have the answers.

[00:01:09] So, it's time for me to introduce today's guest, who will have all these answers and additional insights.

[00:01:16] But enough rambling from me. Let's get him on now.

[00:01:19] So, a massive warm welcome to the show. Can you tell everyone listening a little about who you are and what you do?

[00:01:26] First of all, thank you so much for having me on the podcast, Neil.

[00:01:30] So, a couple of words about me. I'm a first-generation immigrant.

[00:01:35] I came to the United States in my early 20s.

[00:01:40] Recovering quant now. I have a couple of graduate degrees in mathematics.

[00:01:44] And this is where I started my career in the investment banking world.

[00:01:48] I spent some time building quantitative models for insurance risk.

[00:01:52] And three years later, I switched to proprietary trading and hedge funds asset management world by side.

[00:02:01] And that's where I spent most of my career. You know, managing risk, thinking about portfolio construction, running the businesses eventually.

[00:02:13] And all of that sort of culminated with my current role as Infusion chief executive officer.

[00:02:20] Interestingly enough, my history with Infusion goes back many, many years.

[00:02:25] 22 years ago, I met Infusion founders at a pretty large hedge fund in Chicago, Richie Capital Management.

[00:02:33] And we worked together for a brief period of time there.

[00:02:37] And then when I left to join another hedge fund in New York called Alexander Investment Management, Infusion founders caught up with me and showed me sort of first version of the system.

[00:02:51] And I mean, I sort of saw the writing on the wall and just, you know, we spent the last, you know, two years of my sort of engagement with the firm to really make the system combat ready production ready product.

[00:03:09] And I invested in the business in 2009.

[00:03:13] And the business took off, I became a client yet again for multiple, for multiple firms where I worked.

[00:03:23] And so the problem with product evolution over, you know, the next 14 years up to the initial public offering in 2021.

[00:03:31] And it's very exciting to lead this organization and see it grow and make an impact on the investment management technology industry.

[00:03:42] And every day on this podcast, I always try to get people thinking differently about technology that might be impacting industries that they don't associate with tech.

[00:03:51] And I suspect that you've seen many tech driven enhancements throughout your career.

[00:03:56] So I'm curious, if we look at the present day, how are asset managers adapting their strategies to handle increasingly diverse and complex investment portfolios?

[00:04:09] And what are the biggest trends that you're seeing right now?

[00:04:13] Sure.

[00:04:14] So, you know, I think from where I sit, the complexity comes from several sources and several drivers.

[00:04:22] First of all, the, the clients of infusion and just investment managers broadly are looking to blend liquid asset classes, such as equities and fixed income with less, less liquid or completely illiquid asset classes like distressed debt, private credit, private equity.

[00:04:39] So, you know, they're looking for technology platforms that can support both, both categories, right?

[00:04:46] And their clients, the clients of our clients are looking for, you know, more diversified sources of return.

[00:04:53] And, you know, they are looking to complete their liquid portfolios and passive portfolio allocations with less liquid strategies.

[00:05:00] And so that sort of drives this demand for what people would call portfolio completion.

[00:05:06] And that's a pretty difficult technological problem to solve, you know, for a couple of reasons.

[00:05:13] Number one, for illiquid asset classes, data is pretty difficult to come by.

[00:05:18] So the data issue is big.

[00:05:20] And of course, workflows are pretty complex and different, both for liquid and illiquid asset classes.

[00:05:27] And so kind of syncing those two things together is a pretty, pretty challenging task.

[00:05:34] And this is where, you know, choosing the right technology partner can really make a difference.

[00:05:38] The second element I probably should highlight is that just from, from the business growth perspective, you know, managers are looking to distribute their investment strategies using multiple investment vehicles.

[00:05:55] Such as separately managed accounts, mutual funds, ETFs, hedge funds, and sort of that adds to the operational complexity ultimately.

[00:06:04] So even though your strategy could be, you know, relatively simple, systematic, focused on liquid asset classes and strategies, you know, the, the legal structure that you're looking to use to deliver those strategies to ultimate clients, you know, could necessitate, you know, certain amount of technological support for those investment vehicles.

[00:06:28] And that adds to the complexity of the business.

[00:06:31] And lastly, I would probably highlight, you know, some of the complexity that comes from the global nature of the business.

[00:06:39] And so we all know, you know, the world, uh, since COVID, I guess, is becoming more segregated.

[00:06:46] And so those, you know, lines across countries and regions, you know, introduce different challenges from operational perspective.

[00:06:53] So technology platform that, uh, supports clients workflows, you know, around the clock, um, are, are super important for success as well.

[00:07:05] And so maybe lastly, one thing I will, I will also mention is, uh, infusion traditionally sits right after investment decision make.

[00:07:16] So as soon as, you know, investment professionals decide what to buy and what to sell, we kind of accommodate everything that happens after that, uh, order management, execution management, portfolio management, and everything down to middle and back office.

[00:07:32] And so typically portfolio construction, um, and investment decision making is segregated from the rest of the operational workflows.

[00:07:42] And that introduces a lot of issues.

[00:07:45] And so it's context switching data gets lost, uh, things get slowed down and so on and so forth.

[00:07:50] And so that's super, super important.

[00:07:52] That's very, um, you know, we spend a lot of time and a lot of focus at infusion to make sure portfolio construction capabilities are fully integrated with our investment workflows.

[00:08:03] And that's why our latest product portfolio workbench is so central to our product strategy going forward.

[00:08:11] And I think we can often get distracted by the technology itself.

[00:08:15] The AI is a great example there.

[00:08:17] And I think one of the most important things is collaboration in any industry right now, as we're all trying to work out the best way forward.

[00:08:25] So in your industry, why is cross collaboration between front middle and back office operations?

[00:08:31] Why is that so important for investment firms today?

[00:08:34] And the big question I've got to ask, of course, which is probably an episode on its own is, is how can it be effectively implemented?

[00:08:42] Oh, you know, it is, it is completely separate and they reach, reach topic.

[00:08:46] Maybe we'll live it for, for another web podcast.

[00:08:50] But, you know, as far as collaboration is concerned, you know, I actually spent the last couple of years trying to reposition the business, you know, as a collaboration platform, as opposed to just a technology platform or services platform.

[00:09:02] And I would say it's probably the biggest and most underappreciated and kind of best hidden source of overall cost of ownership that our clients are incurring.

[00:09:16] So, you know, to the extent that technology platforms and data platforms are, you know, full of the fault lines that typically arise when, you know, when firms are trying to stitch together their tech stack and operational stack from different pieces of software and databases, you know, either acquired or developed internally.

[00:09:38] You know, those things introduce a lot of issues, you know, it's errors, operational risk, inefficiencies, you know, slow and very complex updates and deployment.

[00:09:51] And that, that, that creates enormous amount of costs that is absolutely hidden.

[00:09:56] You know, you mentioned, you mentioned AI, you know, again, we can talk about this, you know, until where, you know, until cows come home, I guess, but the biggest, you know,

[00:10:08] overlooked issue with AI, in fact, within analytics is data.

[00:10:13] And so, you know, unless you have your entire data environment in a clean, easily accessible, secure, you know, aggregated way, you know, you can't really deploy AI in a way that is reliable, that is full of insights and, you know, can be really used, used efficiently throughout the organization, both for

[00:10:38] operational purposes, but also for, to enhance investment, investment decision making process.

[00:10:46] But another, another element that I really want to emphasize in this context is this notion of collaboration doesn't necessarily, isn't necessarily confined to collaboration within our clients' operations, you know, front to middle and back office or between sort of legal department risk management and, you know, execution trading desk, for instance.

[00:11:11] What is important also for us is, you know, we deliver not just software, we also deliver services to our clients, manage services on a daily basis and boarding implementation and so on and so forth.

[00:11:22] And so from that perspective, it's super important for us to be viewed as, you know, extensions of operations of our clients as well.

[00:11:30] And so it's very important for our team to collaborate with the team of our clients, not just teams within our clients' businesses, collaborate with each other.

[00:11:41] And in my mind, that's only possible if you have one cohesive, you know, data set in one cohesive software stack that both our clients and our teams are using at the same time.

[00:11:54] So that creates very fluid and sort of, I guess, error-free or minimal error type environment for all of us to collaborate.

[00:12:05] And I think there's also an increasing focus on ROI in every tech project now.

[00:12:11] So in your opinion, how can firms better leverage technology to increase agility, improve decision-making across the departments, especially in the face of this incredibly fast-changing market?

[00:12:25] It's incredibly tricky balance to achieve and does that focus on ROI piling the pressure on as well?

[00:12:32] But what are you seeing here?

[00:12:34] Well, you know, no question.

[00:12:35] But, you know, I'd say it depends what each firm is trying to accomplish.

[00:12:41] Is it business goals?

[00:12:42] Are they trying to focus on specific product and strategy?

[00:12:45] Are they trying to expand globally or distribute the same product across multiple sort of segments of the client universe?

[00:12:54] But what is important and what is, I think, central and, you know, universe across clients of all types is to make sure that updates for the software are done in a very fluid and a rapid pace.

[00:13:08] Right.

[00:13:09] So typically when business changes, business evolves and it takes, you know, six months to put specific feature into the system, you know, it can become completely irrelevant or, you know, or just, you know, obsolete in a way in the context of what business is trying to accomplish.

[00:13:28] Also, you know, let's keep in mind our technology architecture is SES native, which means that all our clients are using the same version of the software, which, of course, streamlines our ability to support the clients, but also enables agility of the clients and allows them to focus on what they do best, which is generating, you know, risk-adjusted, attractive, risk-adjusted returns for their clients.

[00:13:53] And maximize ROI on their technology investments without having to worry about upgrades and the related, you know, headaches and costs.

[00:14:06] We at Infusion typically say that, you know, we are the last upgrade our clients ever need for that specific reason.

[00:14:15] You know, another, you know, big deal from my perspective is, you know, for the clients to have a very, very robust and flexible and open data environment, as I mentioned before, you know, one unified, clean, IBOR investment book of records and security master that sort of enables all of this investment workflows and, you know, creates this very fluid ability to, for the team to interact, for decisions to be made, for data to be managed.

[00:14:44] And, you know, and I guess the last thing I will say that, you know, would maximize ROI of consumers of the tech software and services, you know, really has to do with openness and API richness of the technology stack.

[00:15:06] So the clients themselves can access the data in a programmatic way, data and calculations that the system performs, and then overlay their own analytics, their own calculations, their own processes.

[00:15:20] On top of that, without getting us involved or vendor involved.

[00:15:25] And so that enables more rapid business evolution and agility for the clients themselves.

[00:15:32] And if we look at the tech-driven enhancements in investment solutions, I'm curious, what role are you seeing technology play in optimizing trading strategies for emerging markets?

[00:15:44] And also, what are the most promising innovations that excite you in this space right now?

[00:15:49] Oh, well, you know, on the emerging markets side, I mean, it's very well known, you know, they're typically characterized by low levels of liquidity, complexity of the trade implementation, you know, very prolonged and pretty complex, you know, trade settlement process.

[00:16:08] And of course, you know, everybody has to be very cognizant of, you know, very, very complex regulatory and compliance constraints.

[00:16:21] And so any modern technology platform, any services around technology platform that companies like Infusion provide, you know, have to take all of that into account and all investable emergent market asset classes and instruments and, you know, nuances related to market microstructure has to be handled.

[00:16:42] As far as innovations are concerned, interestingly enough, I would probably classify, you know, private credit as an emergent market just because of its huge size and, you know, speed of evolution.

[00:16:54] And operational challenges that we keep seeing on that segment of our total addressable market are absolutely monumental.

[00:17:04] You know, it stems from the fact that a lot of transactional documents, credit instrument data terms and conditions workflows, they're still sitting on paper, people still operating with faxes, a lot of manual inputs.

[00:17:20] And so data is really, you know, very difficult to come by, creates a lot of issues with calculation of prices, risk management, support of, you know, instrument lifecycle.

[00:17:38] So we're seeing enormous amount of innovation in the space.

[00:17:42] There are several firms out there that do absolutely spectacular work on digitizing and capturing, you know, analog data on graded instruments, support and valuation of multiple, both simple and complex private credits, direct lending type workflows.

[00:18:05] And that's an exciting development for us where, you know, infusion can and will go next in our evolution.

[00:18:13] And from what you're seeing here and the conversations you're having with your customers, what would you say are the most common challenges firms are facing when integrating their operational departments?

[00:18:25] And how can solutions like yours and fusion, how are you helping them address these problems?

[00:18:30] Well, you know, our software, as I think I alluded to before, has been developed sort of from bottom up, you know, fundamental basic principles.

[00:18:41] We started with portfolio management system originally, then we developed accounting and middle office capabilities.

[00:18:49] And then after we put in place order and execution management system, we sort of ended up with one cohesive and fluid stack of software devoid of this fault lines that are typically present when people combine, you know, order management with, from one vendor of three vendors with their internal proprietary capabilities on portfolio management side with another vendor on the back office.

[00:19:19] So, again, that technological and operational integration really creates a lot of issues.

[00:19:26] You know, it's expensive.

[00:19:27] It's not, it's not robust.

[00:19:30] You know, people have to manually update, you know, different, different databases, reconcile them, backtest them, and so on and so forth.

[00:19:39] So a lot of time is being wasted.

[00:19:42] A lot of potential mistakes are being made.

[00:19:44] And so those are the kind of challenges that are typically, I'd say, technology driven.

[00:19:49] And it's ironic in my mind that a lot of these challenges and a lot of these issues are not new.

[00:19:55] You know, our investment technology industry keeps solving very old problems in some very direct sense.

[00:20:05] We're just solving them using more and more modern technologies.

[00:20:09] But problems are, you know, problems are very old.

[00:20:14] Another way to solve for those challenges, in my mind, is really use one unified IBOR investment book of records and, you know, very flexible and open security master infrastructure.

[00:20:28] So this is, you know, crucial for the value we create for our clients.

[00:20:34] You know, our environment, our software environment comes with pre-populated, very large and diverse security master, especially for liquid asset classes.

[00:20:46] And that shortens onboarding and implementation cycle and creates a lot of efficiency for the full operational workflow process for the clients.

[00:20:57] Another challenge that I see in that context is just huge amount of, you know, intensity and volume of daily interactions and frequency.

[00:21:09] How, you know, how much vendors like us interact with the clients.

[00:21:15] And so, you know, unless the software architecture is SaaS native, you know, meaning clients don't have to worry about upgrades.

[00:21:26] You know, multiple clients are using the same what's called multi-tenant database architecture, where, you know, many clients are using the same database.

[00:21:34] It's super difficult to manage this kind of intensity and volume of interactions.

[00:21:40] And so this is where, you know, infusion shines in my mind.

[00:21:45] And lastly, again, you know, people keep wanting, in some senses, you know, ability to utilize some kind of analytics, AI work.

[00:21:57] Even simpler one, you know, becomes, for investment firms, it's no longer, in some sense, a competitive edge.

[00:22:05] It's a competitive requirement.

[00:22:07] At the very minimum, finding ways to use that to optimize operational efficiencies.

[00:22:13] But again, this is impossible unless you have all your data clean and in one place.

[00:22:18] And, you know, being able to enrich it, not only with the data the firm generates, but also external data sources or derived data sources that could be blended for additional insight with, you know, with all the data sets that, you know, the firm generates itself.

[00:22:34] And so those are the challenges that I think will continue to persist, you know, for many years to come.

[00:22:41] And, you know, we're really focused on addressing those challenges.

[00:22:46] And when it comes to things like client retention and engagement, it can be notoriously tricky because the investment landscape is highly competitive right now.

[00:22:55] So how can firms ensure that clients remain engaged, remain satisfied with their services and are not going somewhere else?

[00:23:04] Well, in my mind, it's really simple.

[00:23:06] You know, all goes back to really relentlessly innovating and investing in the product.

[00:23:13] You know, product is everything.

[00:23:16] You know, clients really focused on very, you know, fluid user experience, ability to access, you know, liquidity in an efficient way, ability to settle trades, ability to run reconciliation.

[00:23:31] So all of those things, you know, have to be, you know, world-class fluid, efficient.

[00:23:38] And, you know, there's just no, it's never enough to just say, hey, the product works today and therefore everybody's happy.

[00:23:46] You just have to keep innovating, have to keep investing in the product.

[00:23:49] And so in some sense, anticipating what clients may want in the future, not just reacting to what they're looking to do.

[00:23:58] The second, you know, the second aspect that I think is super important for client engagement is, you know, just really adopt the client engagement model to the kind of client you're looking to serve.

[00:24:09] Some clients are simpler, you know, they run simpler strategies, fewer investment products, fewer accounts, and therefore, you know, some of the support frameworks and client services frameworks can be relatively generic and simple.

[00:24:24] You know, the more we capture hearts and minds of large, complex, traditional institutional asset managers, you know, the more complexity that entails.

[00:24:34] And therefore, you know, we're very focused on creating a, you know, very, very deep client engagement model that, you know, consists of really, you know, top-notch experts that not just, not only do they understand infusion technology and capabilities, but they also understand clients' business at a very deep level.

[00:24:57] And so they truly can support the clients in all kinds of different circumstances.

[00:25:02] And lastly, you know, in addition to investing in technology, you need to invest in people.

[00:25:08] And so we spend a lot of time developing educational and support documentation for the product, financial markets in general, to make sure our team is, you know, is, possesses knowledge that is absolutely crucial to deliver, you know, to deliver services to our clients.

[00:25:30] And in fact, clients themselves are asking for those kinds of things.

[00:25:34] And we opened up our knowledge platform.

[00:25:39] We call it Violet to, you know, to our client base, you know, so that they can understand and use infusion product to its full potential.

[00:25:49] And so we're going to be able to do that.

[00:25:50] Well, earlier in our conversation, we touched upon the integration of the front, the middle and back office operations.

[00:25:57] And if we look ahead, how do you see that evolving over the next few years?

[00:26:01] And what role do you presumably see AI and automation play in shaping that future?

[00:26:07] How do you see all this evolving and taking shape?

[00:26:11] Yeah, I think, you know, I think the more and more, you know, the clients focused on reducing total cost of ownership, you know, both in terms of increasing operational efficiencies, or, you know, reducing amount of time and effort and money they spent on upgrades.

[00:26:32] You know, supporting their investment, you know, supporting their investment process, operational process with the data that investment technology system provides.

[00:26:42] You know, the better, the better the whole industry is going to be.

[00:26:46] Right.

[00:26:47] Right.

[00:26:47] And so I think, you know, one of the key focuses is going to be on, you know, as I mentioned before, eliminating this fault lines, you know, either between front, middle and back office or across multiple departments, like, you know, risk management and compliance teams interacting with portfolio management or execution and trading desk.

[00:27:08] So that's going to be a big, you know, big focus of the industry and the challenges there will be never ending amplified by what we just discussed complexity of global markets, complexity of instruments and different trading strategies and investment vehicles that clients will exceedingly use to deliver even simplest investment strategies to the market.

[00:27:33] And, you know, you know, the growth of markets, you know, such as private credit market and private equity markets that, you know, are pretty opaque, not standard and data and software challenges there are absolutely monumental.

[00:27:51] And, you know, as far as artificial intelligence is concerned, you know, specifically and data analytics, you know, more generally, you know, the models themselves, it's already apparent, I think to everybody that they become more and more or exceedingly, I should say, generic.

[00:28:11] Like, they, of course, they, of course, they, of course, there's no end to innovation on that front.

[00:28:19] But what is more foundational and what's more important is, you know, the data sets and quality of those data sets that are used to train the models.

[00:28:28] And so I think a lot of the future focus is going to be on designing data environments for the firm that rely on, you know, very flexible, robust, secure and scalable sources of data and data architecture to actually empower artificial intelligence, both to drive investment outcomes and operational efficiencies.

[00:28:58] And with your experience on both sides of the investment solution equation, I've got to ask, is there any advice that you'd give to asset managers that might be listening, looking to stay ahead in this increasingly complex and competitive industry, not to mention the influx of tech enhancements being thrown in there?

[00:29:17] Any advice that you'd offer to anyone feeling a little overwhelmed with it all right now?

[00:29:21] Yeah.

[00:29:22] You know, it's a good question.

[00:29:24] I guess one of the overarching things I'd say is, you know, if you want to outcompete your, you know, your peers in the industry, you know, you shouldn't settle for what works today, you know, from technical perspective and operational perspective.

[00:29:39] You should keep thinking what, you know, you can do better.

[00:29:43] You should keep open mind, you know, evaluate different technology alternatives.

[00:29:49] And, you know, technology world, as I mentioned before, I mean, it's evolving at, you know, neck-breaking pace while solving age-old problems.

[00:29:58] And so you can, you know, continue to evaluate different solutions, different vendors with specific focus on switching costs, right?

[00:30:09] These are the biggest impediments, I think, for our clients of all shapes and sizes.

[00:30:15] Sizes when they evaluate, you know, new and improved ways of doing business, they increasingly worried about, you know, not breaking of what works.

[00:30:25] And I would say, you know, don't be, you know, evaluate every alternative from that standpoint and make sure that the new vendor that you're looking to replace your existing tech stack with can deliver, you know, well-defined, transparent, and cost-effective onboarding process to reduce those switching costs and reduce the risk of, of sort of upgrading and modernizing your.

[00:30:55] Your current tech stack.

[00:30:57] Your current tech stack.

[00:30:57] And that's one of the key, you know, key reasons why I'm at Infusion, frankly.

[00:31:01] You know, I think we have a huge competitive edge vis-a-vis the current incumbents in the industry.

[00:31:09] I was so well positioned to win precisely because of all those elements that I just described.

[00:31:15] We were as native multi-tenant architecture since day one.

[00:31:21] We cover full stack of investment capabilities, front, middle, and back office.

[00:31:28] And we do deliver those, you know, those low switching costs in my mind when, you know, existing investment businesses are evaluating various alternatives on ongoing basis.

[00:31:41] So that's, I guess, my biggest advice.

[00:31:43] Don't, don't settle.

[00:31:45] Don't settle for status quo and keep, uh, keep getting better and engage the right partners to give you the right perspective and the right advice on what to do.

[00:31:54] And the right, um, software and services vendor that could become your true partner as you evolve your, your business.

[00:32:03] Fantastic advice.

[00:32:04] So we started our conversation today talking about your origin story and learn more about your journey and everything you've experienced and where you see things are heading.

[00:32:13] I want to ask you to look back one last time now because none of us are able to achieve any degree of success without a little help along the way.

[00:32:21] So is there a particular person you're grateful towards?

[00:32:24] Maybe they saw something in you, invested a little time in you, or just helped you get you where you are that we can maybe repay them, give a little thank you and a shout out to who would that be and why?

[00:32:34] Yeah.

[00:32:35] You know, um, there are definitely too many of them to mention.

[00:32:39] I've been, you know, very, very lucky with my mentors.

[00:32:43] I still keep in touch with all of them.

[00:32:45] And, you know, thankfully as I marched through my career and through my life, the number of those, of course, you know, kept growing, but, you know, probably for the purposes of this conversation, I'd highlight, um, you know, I'd highlight Morton Lane.

[00:33:02] My first boss, uh, he believed in me.

[00:33:05] He gave me my first job in investment banking and his mentorship and inspiration kind of laid the foundation for everything I've been doing for the, for the rest of my career.

[00:33:14] Uh, Rick Angel, my old friend and partner, uh, from kind of Chicago.

[00:33:20] Proprietary trading community, John Zeroles, my boss at the, uh, Swiss banking UBS.

[00:33:26] You know, they both taught me a lot about Chicago style, uh, quant oriented derivatives trading and risk management.

[00:33:34] Um, and I also carried that experience throughout the rest of my career.

[00:33:38] And then finally, um, I wanted to give, uh, huge gratitude, uh, to Michael Filimonov who, who was the CEO and, uh, chief investment officer and founder of Alexander investment management.

[00:33:52] So he, he totally shared my vision and, um, gave me enough rope to hang myself and spend a lot of time and build the foundation of, uh, what infusion is today.

[00:34:05] Wow. Absolutely love that. I mean, it's so important to recognize these people have impacted us in our lives and the people you just shouted about there.

[00:34:13] They, they may not know the level of appreciation that you have and the impact that they had on your life.

[00:34:18] So we'll send that out there. Hopefully they get to hear it.

[00:34:21] And for everybody else listening, if they want to find out more information about infusion or expand on anything we talked about today, where would you like to point them?

[00:34:30] Well, it's, I guess it's traditional, um, sources, the present, uh, of infusion presence of infusion on social media.

[00:34:37] It's, um, our LinkedIn, uh, platform, uh, our website.

[00:34:43] And of course, um, uh, last but not the least, uh, we have a podcast, uh, on our own, uh, of, of our own called beyond alpha.

[00:34:52] And we actually invite a lot of industry partners and most importantly, um, our clients, both current clients and future clients that typically are the best source of our growth, uh, to kind of provide their perspective on different aspects of, uh, of, uh, investment management industry and infusion in particular.

[00:35:13] So those three things, LinkedIn website and beyond alpha podcast, uh, produced by infusion.

[00:35:20] Awesome. I'll get links to added to everything that, including your podcast.

[00:35:24] I'll be checking that out myself.

[00:35:25] Uh, so much we covered today for how cross collaboration integration between front middle and back office operations can provide firms with that agility and information needed to manage increasingly diverse and complex investments.

[00:35:41] And of course, how asset managers can incorporate tech driven enhancements into their workflows to ultimately optimize emerging emerging market trading strategies.

[00:35:51] And also with a massive thank you at the end to some of the people that inspired you for me, this is one of those episodes that had it all, but just thank you for sitting down and sharing your story today.

[00:36:02] My pleasure. Thanks for having me and I look forward to reconnecting with you soon in London or Miami.

[00:36:07] I think as we learned today, the path to operational excellence in asset management requires embracing technology, but also fostering integration across departments, focusing on clean, accessible data.

[00:36:22] I think my guest did a fantastic job in highlighting the importance of not being afraid to challenge the status quo and partnering with platforms and not only simplify workflows, but help you empower innovation.

[00:36:36] So over to you.

[00:36:38] How are you using technology to navigate the challenges of modern investment management?

[00:36:43] What opportunities do you see integrating AI and analytics into your processes?

[00:36:49] As always, share your thoughts.

[00:36:51] Let's continue this important conversation.

[00:36:54] Email me techblogwriteroutlook.com

[00:36:56] x LinkedIn Instagram

[00:36:58] Just at Neil C. Hughes

[00:36:59] But until next time, stay innovative and ready to adapt to the ever-changing investment space.

[00:37:06] And don't forget to join me tomorrow for more of the same.

[00:37:09] Speak with you all then.

[00:37:10] Bye for now.