Sycamore, 60178-3112, IL,
United States
Devnet
Devnet, a prominent reseller, system integrator, and consulting company, that plays a vital role in numerous system integration and digital transformation initiatives. Devnet collaboration with software players such as Finastra empowers organizations to embrace disruptive technologies and accelerate their journey to the cloud, thus reshaping their business models.
| Logo | Customer | Industry | Empl. | Revenue | Country | Vendor | Product | Category | When | Insight |
|---|---|---|---|---|---|---|---|---|---|---|
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Assenagon S.A | Banking and Financial Services | 80 | $31M | Luxembourg | Finastra | Finastra Misys Fusion Invest (ex Sophis Value) | Portfolio and Investment Management | 2018 |
In 2018, Assenagon S.A implemented Finastra Misys Fusion Invest (ex Sophis Value) for Portfolio and Investment Management. The implementation targeted Assenagon's investment management and middle office operations in Luxembourg, aligning the core portfolio and trade processing stack with a single vendor application.
Finastra Misys Fusion Invest was configured to support multi asset portfolio management, order management, position keeping, pricing and valuation, performance measurement and compliance reporting. Configuration emphasized automated trade lifecycle workflows, reconciliations and valuation routines consistent with Portfolio and Investment Management functional patterns.
DevNet acted as the system integrator for the rollout, delivering implementation services, configuration and testing. The deployment integrated Fusion Invest with front office execution workflows, market data feeds, custodial and accounting interfaces and internal operations, enabling end to end portfolio processing across investment, operations and risk functions.
Governance was established between Assenagon and DevNet to manage change control, operational run books and release cadence, with phased rollout across investment teams. Assenagon reported Fusion Invest stood the firm in excellent stead during the downturn and enabled growth during very difficult trading conditions.
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Buyer Intent: Companies Evaluating Devnet Services
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