Interactive Data Corporation, a provider of financial market data, analytics, and related solutions, announced that its Fixed Income Analytics business has released BondEdge Asset Manager.
This new package of capabilities is designed to assist portfolio managers and analysts at asset management firms manage relative risk and reward versus leading fixed income indices and liability benchmarks. The package can also help address the needs of investment professionals at organizations which manage their own fixed income funds internally, such as pension funds, endowments, and foundations.
For many years, asset management professionals have leveraged the robust analytical asset, portfolio and benchmark modeling tools and comprehensive security database coverage of Interactive Datas market-leading BondEdge service for fixed income portfolio versus benchmark risk analysis, performance attribution, and compliance esting based upon client input guidelines.
Heightened volatility of total returns dispersion between bond sectors and quality cohorts have underscored the need for enhanced granular portfolio versus benchmark risk analysis and performance attribution tools, says Keith Webster, managing director, Interactive Data Fixed Income Analytics. In addition, certain regulatory and accounting changes have heightened focus on the closer matching of portfolio and corresponding corporate pension liability risk characteristics. The analytical enhancements delivered with this latest release of BondEdge are a reflection of feedback provided by asset manager clients.
BondEdge Asset Manager is available via the BondEdge Next Generation platform, which is built on the Microsoft .NET Framework and provides a highly intuitive, flexible user interface. This newly released package of BondEdge capabilities includes enhancements to Factor-based Performance Attribution for taxable and tax-exempt portfolios and benchmarks and Liability Driven Investing analysis. Portfolio versus benchmark stress testing tools, what-if analytics for pre-trade simulations, and automated, flexible presentation style reports and graphics are also included.
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