Ten Cap, an Australian investment manager, chooses Enfusion by CWAN to streamline operations and strengthen compliance

Ten Cap, an Australian investment manager managing AUD 1.5billion in long-short equity strategies, operates in a market demanding heightened regulatory scrutiny and operational efficiency.

Ten Cap’s Alpha Plus fund is an active extension long-short strategy and is considered part of the Equities Asset Class.

At a Glance

• Location: Australia
• Strategy: 150:50 fundamental active extension strategy with core exposure to the ASX200 Index via a style agnostic strategy, overlaid with a proprietary long short allocation and hedging strategy.
• AUM: AUD 1.5 billion
• Firm Type: Hedge Fund

Legacy System Challenges

Before Enfusion by CWAN, Ten Cap faced fragmented data across platforms, hindering accurate reporting and compliance management. The lack of unified trade execution and portfolio management capabilities limited the team’s ability to operate efficiently.

Solution Selection and Implementation

Ten Cap chose Enfusion to meet its operational needs, gaining:

• A unified OMS and PMS platform for long-short strategies
• Connectivity to over 20 brokers, globally and domestically in Australia
• Extensive workflow and reporting customization
• Comprehensive onboarding with onsite training and dedicated support

Faster Execution, Tighter Compliance

Enfusion’s platform provided real-time trade matching and automated pre-trade compliance checks, ensuring Ten Cap stays ahead of regulatory demands.

“We’ve integrated detailed pre-compliance rules into the platform,” states Craig Morton, Chief Operating Officer at Ten Cap. “Traders receive alerts for restricted securities and internal limit breaches, ensuring oversight for every trade.”

Key Improvements

• Real-time trade matching and automated processing
• Digitalized compliance monitoring and alerts
• Unified reporting architecture
• Reduced operational overhead

Built for Expansion

As Ten Cap grows, Enfusion’s platform scales without adding complexity. Regular updates ensure the system keeps pace with the firm’s needs.

“We discover new features every month. Automating most tasks has saved us time and resources,” said Craig Morton.

“Ten Cap’s transformation shows how hedge funds can quickly move from operational problems to competitive advantage, focusing on investments while technology handles back-office work. This partnership reflects how firms are adopting integrated platforms to streamline operations and strengthen compliance, setting Ten Cap up for continued growth.”