BNY Mellon has teamed with strategic alliance partner Investor Analytics to add liability modeling to its risk management solution for institutional clients. The service will provide evaluation of asset holdings and liabilities in a common risk framework, and will deliver enhanced modeling capabilities developed by portfolio and risk management services provider Investor Analytics.
Pension fund sponsors will be able to leverage the new functionality in their management of risks. The enhancements enable clients to evaluate funded status and assess the risk analytics for total and individual assets and liabilities compared to selected benchmarks.
“With the addition of liabilities modeling to our risk offering we’ll provide our pension plan sponsor clients with a more complete picture of the impact of market events on their fund obligations,” said John Gruber, global product strategy head of BNY Mellon Asset Servicing’s Performance & Risk Analytics group. “Working closely with Investor Analytics, we are advancing the industry standard by creating more robust tools to help our clients manage all the components of risk.”
(JDC)