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Full-Time

Market Data Business Analyst

Confirmed live in the last 24 hours

Enfusion

Enfusion

1,001-5,000 employees

Cloud-native SaaS platform for financial operations

Data & Analytics
Fintech

Compensation Overview

$175k - $200kAnnually

+ Bonus + Benefits

Senior, Expert

Chicago, IL, USA

Category
Business Research
Strategy Development
Business & Strategy
Required Skills
Sales
SQL
JIRA
Requirements
  • 5+ years of experience working with market data in the financial markets and technology industry
  • Bachelor’s degree or higher in Finance, Engineering, Mathematics, or related fields
  • Broad and deep knowledge across both listed and OTC asset classes
  • Comprehensive understanding of global securities and derivatives markets, how they operate, and the applicable symbology and data products they offer
  • Familiarity with a broad base of corporate actions
  • Experience working with security master and pricing reference/static data, as well as real-time price feeds
  • Experience querying data in SQL, basic understanding of databases and programming languages, and ability to sight-read code
  • Familiarity with data delivery systems and protocols
  • Ability to diagnose root causes of issues and suggest both tactical and strategic solutions
  • Willingness to work on projects and take on responsibilities that fall outside of a traditional business analyst role
  • Working knowledge of data services offered by one of the major industry vendors (Bloomberg, ICE, or Refinitiv) is a plus
  • Experience working with a portfolio management system (PMS) is required
  • Experience working with an order management system (OMS), or accounting system is a plus
  • Experience writing requirements documentation and development specifications is a plus
  • Experience working with Jira is a plus
  • Experience at a Fund Admin is preferred
  • Experience at a Hedge Fund or Alternative Asset Manager is highly preferred
Responsibilities
  • Capture and document client workflows related to the use of market data across the Enfusion platform
  • Work with product owners, sales, and clients to analyze requests for new data services, elicit requirements, and create business requirement documentation to be used as the basis for development projects
  • Present projects to development for acceptance and prioritization
  • Keep abreast and assess the impact of technological developments in the market, and key trends affecting the client segments we serve (e.g., ESG, direct indexing, risk factor analysis), and help define ways in which Enfusion’s powerful SaaS F2B software and services offering can be enhanced over time to meet client demand
  • Track market data vendor notifications, communicate with technology teams and product owners to determine the impact of changes, document requirements, and submit implementation projects for development
  • Update and maintain inventory of market data vendors, agreements, terms of use, services used, data costs, and reporting requirements
  • Maintain inventory of market data used across the Enfusion platform, identify and document coverage, gaps, and quality issues
  • Work with Onboarding and Implementation teams to assist with client questions, understand problems, and recommend solutions related to market data during the integration process
  • Serve as subject matter expert and act as main point of contact for market data-related issues reported by client-facing support teams
  • Catalog and organize market data-related issues, recurring tasks, processes, and reports with an eye toward improving overall market data quality

Enfusion offers a cloud-native SaaS platform that integrates front-, middle-, and back-office functions, providing a single source of truth for all users and enabling seamless API-powered integrations. The platform supports remote work and provides managed services for middle and back office.

Company Stage

IPO

Total Funding

$256M

Headquarters

Chicago, Illinois

Founded

1997

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Simplify's Take

What believers are saying

  • Successful platform migrations, like that of Kayne Anderson, demonstrate Enfusion's ability to enhance productivity and operational efficiency for clients.
  • The partnership with SteelEye offers clients additional value through integrated compliance tools, making Enfusion's platform more attractive.
  • Enfusion's IPO and subsequent stock performance indicate strong market confidence and potential for growth.

What critics are saying

  • The investment management software market is highly competitive, requiring continuous innovation to maintain a competitive edge.
  • Dependence on successful partnerships, such as with SteelEye, means that any issues in these collaborations could impact Enfusion's service offerings.

What makes Enfusion unique

  • Enfusion's SaaS platform consolidates front, middle, and back-office functions into a single system, unlike many competitors who offer fragmented solutions.
  • The partnership with SteelEye enhances Enfusion's compliance capabilities, providing a seamless integration for trade and order data management.
  • Enfusion's focus on workflow optimization and operational efficiency sets it apart in the investment management software market.