Key Group, a family office that implements a relative value, equity, long-short strategy with $2 billion in assets, had a clear vision: streamline operations, strengthen compliance oversight, and empower its global team with real-time data. Based in London, Dallas, and NY and managing global positions, the firm needed more than just a technology provider—it needed a partner that could evolve with its growth and support a high-performing, cross-border team.
In 2020, Key Group made the decision to move off legacy systems and convert to Enfusion. The transition marked a turning point in how the firm operated day to day.
“We were completing so many tasks offline before Enfusion,” said Yvonne Daffy, COO at Key Group. “NAV packs were supplemented in spreadsheets, and our investment team did not have access to real-time data. Now, it’s a completely different picture.”
A platform built for long-short strategies
Enfusion now powers every part of Key Group’s front-to-back operation. Real-time P&L and integrated data feeds flow directly into the General Partner’s investment models. The trading desk benefits from improved ticketing, visibility, and pre-trade compliance alerts. “The General Partner now uses the system every day—he absolutely loves it,” Yvonne noted.
From corporate actions and dividends to reconciliations and reporting, the platform supports the firm’s long-short strategy in a seamless, end-to-end way.
A general ledger that changed everything
One of the biggest operational wins has come from Enfusion’s integrated General Ledger. For Key Group, it’s become a “true shadow book” that supports financial statements, NAV oversight, and audit trails—all from within the system.
It’s been a game changer for us. We can now verify every transaction, every corporate action. There’s a level of transparency and control that we never had before.”
Compliance at the core
With growing regulatory complexity and global reporting obligations, compliance is a major focus for Key Group. Enfusion’s pre-trade compliance checks and short disclosure monitoring have become essential tools.
“We’ve built a very detailed pre-compliance policy into the platform,” Yvonne explained. “It gives the traders a warning if a security is restricted or breaching internal limits, and nothing can be traded without oversight from the compliance team and the General Partner. That level of control gives us real comfort.”
Beyond trading controls, the team uses Enfusion to support 13F reporting, short disclosures, and is currently working with the platform to develop a long-position reporting framework tailored to global jurisdictional thresholds.
A relationship that works—on both sides of the Atlantic
While the platform has been transformative, Yvonne was equally clear about the importance of the human side of the relationship.
“We’ve had challenges in the past, but what’s made the difference is the local support,” she said. “We have an account manager in the UK and one in the US, which means wherever we are, someone understands our needs. That face-to-face relationship is vital.”
A partnership built on continuous improvement
Key Group doesn’t believe in big-bang system overhauls. Instead, they work iteratively with Enfusion, refining features weekly and developing new reporting structures in partnership.
I like that Enfusion listens. They’re open to feedback, they want to understand what we need, and they adjust. That’s how we work—and it’s why the partnership works.”
Recommendation to peers
If asked by a peer at another hedge fund, Yvonne is clear in her recommendation:
“Enfusion feels truly global, but what matters most is local support. Having someone on the ground who understands your business—that’s what takes it from a system to a partnership. And that’s why I would recommend them.”
Key Group is one of many clients redefining their operations and compliance confidence with Enfusion.
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