Insight Investment Management, the UK-based fund management arm of the HBOSD banking group, has chosen the FMCSylvan software application manufactured by Financial Models Company (FMC) to manage its performance measurement and attribution needs. Insight has over 60 billion of assets under management.
FMC says Insight will be using FMCSylvan’s Stock Level and Fixed Income Attribution modules, and the application’s web-based reporting module to generate detailed performance reports and online analysis.
The sale follows an assessment of six vendor solutions. “In selecting a solution for our performance measurement and attribution needs, we wanted to avoid having to take separate systems for our Equity and our Fixed Income operations,” says James Neill, Head of Performance for Insight. “We are confident that FMCSylvan can meet all of our performance and attribution requirements within a single integrated solution, and we are comfortable making it the standard throughout the enterprise.”
“Insight Investment Management’s size, scope and broad range of products make it a major player in the fund management industry. We are delighted that they have chosen to work with FMC,” adds Phil Banas, Managing Director of Financial Models Corporation Limited, FMC’s UK subsidiary. “In selecting FMCSylvan, Insight can be confident that their clients and fund managers will have access to the most sophisticated and powerful performance analytics available in the market today.”