The Bank of New York Mellon has formed a strategic alliance with Investor Analytics (IA), a risk analysis and management solutions company, to provide enterprise-wide risk analysis and reporting for asset owners and managers.
The alliance will make IA’s sophisticated risk analyses available to BNY Mellon clients worldwide, including banks, pension funds, asset managers, hedge funds, and other investment professionals.
Through this new alliance, BNY Mellon clients will have access to tools to measure and manage investment risks across multiple asset classes, strategies and portfolios using state of the art risk analytics, calculations, portfolio stress testing, and historical scenario analysis.
Asset managers are increasingly being asked by regulators and investors alike to provide multi-dimensional views as part of a comprehensive risk monitoring process. The new reports can be tailored to satisfy local regulatory requirements or investment norms, including UCITS III reporting, and complement BNY Mellon’s existing analytic capabilities for single manager equity and fixed income funds, hedge fund of funds, and private equity portfolios.
Clients who subscribe to the service will have multiple channels to access the reports, including on-line via BNY Mellon’s Workbench platform as well as through Investor Analytics directly.
Recently, Investor Analytics unveiled A3, a new suite of risk analytics for the investment management industry. Available to BNY Mellon clients alongside IA’s existing platform, A3 provides unique reports that include liquidity risk exposures, potential fraud indicators, loss statistics, risk decompositions, and return attribution.
BNY Mellon has had an equity stake in Investor Analytics for five years and recently increased its investment.
“Risk and the need for greater transparency have moved to the top of the agenda of financial institutions worldwide,” says John Gruber, head of Global Product Management, Performance & Risk Analytics, BNY Mellon Asset Servicing. “Deepening our relationship with Investor Analytics allows us to bring superior risk management innovations to the market. By marrying our solutions, we’re ideally placed to work closely with these institutions, facilitating the flow of data that informs their investment decisions.”
“Investor Analytics is excited to be working with BNY Mellon to offer our unique market risk analyses in combination with the Bank’s superior custody and back office services,” says Damian Handzy, chairman and CEO of IA. “Today more than ever, portfolio managers and investors are calling for specific risk transparency tools and reports that this strategic alliance is designed to address.”
L.D.