Start-up run former global head of data and analytics for Citi’s custody and fund services division enhances cloud-based platform for institutional investors.
The move will allow Citi's asset manager and owner clients to analyse the sustainability exposure of their holdings at the portfolio and security level.
The enhancement provides more granular insights into the factors that drive performance for clients with Middle East mandates.
State Sreet will provide performance and analytics solutions, and fund services to the pension fund’s $4.7 billion real estate portfolio.
The new role will focus on coordinating State Street’s ESG efforts and strategies, as well as providing enterprise-wide leadership of its ESG solutions.
The digitised platform provides alternative asset managers and their investors with new investment data analysis capabilities.
ESG data from RepRisk will be made available to JP Morgan's trading and securities services clients through its flagship DataQuery platform.
The new tools will provide further support for institutional investors and asset owners that manage their own sophisticated portfolios.
BNY Mellon's Todd Gibbons explained investment into new data and analytics products will help expand new revenue streams.
Citco has made a number of investments into FinTech firms to complement its core offering and provide enhanced reporting and analytics services.