today believe second all of our Annual thank would to a we strategy. our XXXX. quarter as place ability for all our XX. both thank Shareholder vote and team management trust results It's have member discuss We in you at to represent a execute Good greatly appreciate the personally and with to long-term June confidence on your Meeting for on their I like and and CEO, great I right joining for of support. shareholders Board us privilege morning, the Enfusion the the to
from solid we reiterated full know, and second earnings our this a year reported you our release quarter morning, quarter guidance. earlier XXXX published As XXXX
We on which also to remain to track XX-plus over growth medium-term the a deliver XXXX-XXXX guidance, rate on revenue is our percent period. achieve of
banking our On hedge of new will the adding outside base. share that relationship proof remain Enfusion's similar the in clients quarter, our we pleased today, continue several highs. fund our X-year points the satisfaction confirm continued existing client also last with deepening to at move scores sectors, from while share insurance and client segment onboarding to call the that up-market, to I'm
in plan invest our up-market. As quarters, the platform, the our and several model our next over we to clients company services we enhancing move delivery empowering service scales as
We X,XXX employees be that the working upgrade Enfusion's platform clients than have our ever will last ensure need. more to will
second key Now financial walk through from some let quarter. you highlights the me
clients quarter. client into XX% million, This provide year-over-year XXX. deeper adjusted QX remained QX dive a adjusted financials $XX.X last of million $XX.X XX growth. track count XX totaled trajectory 'XX revenue, representing will on economic Our Brad a up signed with margin XXXX in to XX.X%. QX total translating on brings later.
We EBITDA in EBITDA XXXX, from new healthy in our
wins of market accelerated. from quarter the carried these strong XXXX seasonally platform. Hence, established were through launches, in drawn X Many launch firms. XX% were QX our naturally quarter, in including second the to Enfusion's of wins the funds During and
growth. firm the Fund provider percentage base.
Fund are more ACV annual of of a the increased platform conversions, and higher from another to conversion higher community believe this healthy seat to and out the were representing counts with with mix which We $XXX,XXX XXXX.
QX on launches sequentially growth higher hedge X.X% have remains back quarter $XXX,XXX, high continue ACVs. best-in-class to larger expect strong, referral We sequential in resulting the bookings year-over-year and Enfusion complex go-to that in conversions launch balance half both basis. due typically and fund AUM and strong satisfaction, more to service higher of a client record firms
to and Our asset larger functionality offering stable managed profile, up-market, move more winning revenue strategy and additional a managers, product providing is services.
protect in client intend these wins gears, we In lower firms, from as core costs.
Shifting the complex in more Americas, geographies XX% the across us let segment you organically, revenue this and come line grew with acquisition QX larger me to provide a with customer year-over-year, translating fund hedge our to quarter. targeting market While continue firms of notable to XXXX. few
pleased saw continue in are that a to QX QX. We fund U.S. report from pickup we into launches
shown as is this that for earlier. than U.S. has fund Just consolidations trend more compensated credit we XXXX year-to-date. that When a of of broad out to ahead specific like with wins of launches. strong the QX the end pace of slightly resiliency credit last quarter, call running market closures had put together, On in note, and witnessed year were
and the are QX improved pipeline Beyond showing market, U.S. in notable account Canada been XXXX, seeing bringing a has wins, there. in we larger strength an
in highlight wins ability me expand proof points of that several to asset of institutional Enfusion's exciting share market our client management let serve the new cases Now as segment.
the decisions to the life approximately the to thrilled Enfusion that that allow of $X signed the while operations transition and and that with internally U.S.-based I'm activity.
We one client Enfusion's of the AUM to Enfusion insurance teams platform. team managed providing announce will a investment mobile will collaboration health example, For team move believe company make Enfusion regardless allocation, into particular, oversight. provides framework of the app billion and the a this into the these T+X consolidated trading platform enable automate view internally regulatory to workloads In unification to improves assets. process real-time a the settlement managed compliance across scale
total to a managers a Enfusion and asset Global to SGA institutional throughout pushing with to released has win as cash Enfusion's cash Advisors, our help SGA have compliance, efficiencies stated scale been broadly, more client. utilize flow excited them to We across Strategic letter team strategy.
Today, office this could of institutional great have as signed will for execution long-term the the women-owned drive California-based pre-trade reporting. commitment firm year, been This chose delivering of SGA announce a into hard new we SGA is several to future.
SGA management SaaS-native I'm of employs asset that and a front architecture, more in itechnology very the asset their institutional quantitative build exciting strategies. the leave win Enfusion as Portfolio partner SGA around space. newly partnership their provider AUM as team technology ownership. continue operational including because process Workbench in OEMS technology momentum loan-only is bottom-up AUA. equity modern, as well and management rebalancing, looking a cost selected predictable that across billion to Beach, investment with $X APIs systematic for we them was Newport Enfusion's
QX Turning year-over-year, XX% to XX% growth Asia in growth year Pacific. XX% Revenue which last to grew and 'XX. compares
and captive. more maintain APAC. some quarter, our last regional geopolitical persisting, share gaining management with macroeconomic its we firms, you traction traditional expanding out market called Despite large As growth in headwinds stand-alone recall, trajectory and asset by headwinds we and both
globally. platform client largest XX in asset clients platform. top will undergone in banks excited will point of on solution QX are we true of client very Asia managers selected This total China as announce and cost of expand very bank they total classes XX by has Enfusion front-to-back lower and asset XXXX. a initially a require represents beyond the rigorous one is XX and can and funds.
The evaluation division assets of top versus their hedge eventually the that Enfusion of typical and example, in a in third-party an one client a will fixed This the on to top asset management became other provide ownership proof For This in-house providers an banks China, that to solutions. has focus Enfusion income serve that partnership
Phase of our agility, quality able their within with Lastly, time, demonstrating process. to complete the including weeks' was Enfusion the requirements integration onboarding X an system, external X of
improve further diversified past of represented mix of only our in of in process, note XXXX. our to the make is another for light QX it under APAC portfolio And happy management, allowed end also our year.
I'm one this billion wins our our first Hong this milestone significantly investment in as to earlier quarter, a won reliant Enfusion. after due onboard effort APAC to Enfusion overall of of over while New several now managers a This the global our to referenced year-end asset Zealand, continued XX% this evaluated thorough to and win decided portfolio our at segment. We APAC Enfusion a in As business alternative We X/X several client accounts of XXXX quarters, APAC client very equity APAC X Kong headwinds in XX% expand and book to using in of client us wins in almost diligence $X APAC reflection the have for part the largest close macro the stop share our which hedge on and competitors. pleased outside I of our base fund am base XXXX, management less with were at for of expansion firm that recent QX diversify years. of
our expand year-over-year above and Turning we above XXXX as in to region, internal grew in our EMEA. towards continue Revenue trends. historical average QX significantly trends the XX% business
yet expanding the opportunities in It to past Middle specifically over more deliberately and as expanded it will for business U.K.-centric results growth business in momentum, mix global a remains which liquid loan-only by back-office Enfusion as growth diverse has operations. provider of our focused billion help becomes managers Our Continental is firm well brand few less We are a partner quarter is XXideas strong and reflected pleased share Africa.
Europe a that increasingly investment to as capture expansion our balanced as quarters. geographically for and X the independent am Enfusion to results XXideas diversified of set drive enhance greater to the with the EMEA help out with their grow and investment we in in experienced highly called the services row. upsell our which team AUM. make this and been awareness latest stocks Europe, business advantage scale quarter. in equity we opportunity to the Swiss-based quarters with seeing opportunistic important their mid-cap expanded on continued while have I market Switzerland team taking the Scandinavia strong selected in is services to continued client primary technology note Enfusion's maintains and profile. and base, Swiss operations. investment EMEA and managed middle partner-owned strength, very as our $X.X East book now XXideas their success the among Switzerland last turn for
funds direct and from funds Let strengthen this our platforms. our has a and me services outside enhance institutions, run with country, of have includes professional pain Africa in solutions, been other African as the point funds make equity, transitioning partnership and prime the and few long technical has to region as our alternative our to investment fund South to which global COO, promising administrator Pawar, across and the local opportunity.
At hedge Capital fund using Furthermore, franchise. largest business, AG a and the managers their view hedge on fund I'd services. is execution trading alternative we as global They Enfusion another domestic, macro. comments Enfusion AG investments operations. income Enfusion across to proof EMEA incubation products and term with as point some with and like our major among of enhanced Apex, to Overall, investors. a latest managers ability footprint provides hedge fixed strategies Neal for offer time, partnerships. to Capital Capital investment U.K. financial partner services selected intermediary expand and well the turn AG
