FIS Hedge Fund Portfolio Manager vs Enfusion

FHFIS Hedge Fund Portfolio Manager9.1Visit Enfusion7.9Visit

Higher score FH FIS Hedge Fund Portfolio Manager #1 in Hedge Fund Software 9.1/10 Pricing on request ✓ 2 of 4 features Contact FIS

vs

Enfusion #8 in Hedge Fund Software 7.9/10 Pricing on request ✓ 0 of 4 features Visit Enfusion

• FIS Hedge Fund Portfolio Manager fits best

  Established funds needing core portfolio accounting

• Enfusion fits best

  Funds prioritizing integrated trading and accounting

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Side by side

Feature	FHFIS Hedge Fund Portfolio Manager 9.1/10 Visit ↗	Enfusion 7.9/10 Visit ↗
At a glance
Editor score	9.1	7.9
Ranking	#1 in Hedge Fund Software	#8 in Hedge Fund Software
Best for	Established funds needing core portfolio accounting	Funds prioritizing integrated trading and accounting
Pricing model	Paid	Paid
Starting price	Pricing on request	Pricing on request
Free plan	Not checked yet	Not checked yet
Free trial	—	—
Integrations	1 integrations	3 integrations
Built for	Mid-market, Enterprise	Small business, Mid-market, Enterprise
Features FIS Hedge Fund Portfolio Manager 2/4 · Enfusion 0/4
Portfolio management	✓ (best)	Not checked yet
Order management	Not checked yet	Not checked yet
Fund accounting	✓ (best)	Not checked yet
Investor portal	Not checked yet	Not checked yet
Specs
Supported asset classes	Not checked yet	Not checked yet
Listed integrations	Not checked yet	Not checked yet
Our review
Pros	Tracks portfolios and positions with real-time multi-currency accounting Reconstructs positions and maintains P&L as holdings change Connects front, middle and back office through a structured ledger and audit trail	Combines portfolio management, order execution, compliance and accounting Connects through FIX to 300+ liquidity sources Automates reconciliations, settlements and cash processing
Cons	Pricing is obtained through FIS's contact process Focuses on accounting and position management rather than all-in-one breadth Third-party data integration depends on an open architecture	Pricing requires contacting sales Broad front-to-back scope may exceed narrower fund needs Offered under the Clearwater Analytics brand
Our verdict	FIS Hedge Fund Portfolio Manager brings portfolio accounting and position management together for hedge funds and hedge fund administrators. Its emphasis is on core fund operations: tracking positions, maintaining P&L as holdings change,… Read the review →	Enfusion brings portfolio management, trading, compliance, accounting, risk and reporting into a shared investment management system. It is aimed at hedge funds and asset managers running multi-asset strategies, with real-time portfolio… Read the review →

Strengths and trade-offs

• FIS Hedge Fund Portfolio Manager — where it wins

  • Tracks portfolios and positions with real-time multi-currency accounting
  • Reconstructs positions and maintains P&L as holdings change
  • Connects front, middle and back office through a structured ledger and audit trail

  Where it doesn't

  • Pricing is obtained through FIS's contact process
  • Focuses on accounting and position management rather than all-in-one breadth
  • Third-party data integration depends on an open architecture

• Enfusion — where it wins

  • Combines portfolio management, order execution, compliance and accounting
  • Connects through FIX to 300+ liquidity sources
  • Automates reconciliations, settlements and cash processing

  Where it doesn't

  • Pricing requires contacting sales
  • Broad front-to-back scope may exceed narrower fund needs
  • Offered under the Clearwater Analytics brand

• FHFIS Hedge Fund Portfolio Manager9.1/10 · Pricing on request

  A focused accounting and position-management system for established hedge funds.

  Contact FISFull verdict →
• Enfusion7.9/10 · Pricing on request

  An integrated portfolio, trading and accounting system for multi-asset funds.

  Visit EnfusionFull verdict →