Equity Data Science (EDS), a provider of investment process management (IPM) services for hedge funds and asset managers, has launched its next-generation risk and portfolio management platform, Nexus. The platform offers a centralized dashboard for real-time portfolio risk analysis, enabling investment teams to assess key risk factors, research insights, and performance metrics to refine strategies… Read More >>
FactSet Acquires BISAM for $205.2 Million
BISAM Technologies will become a part of FactSet as the result of a $205.2 million acquisition that will eventually tie together performance measurement support with portfolio and risk analytics and client reporting. FactSet, known for its integrated financial information, analytical applications, and services, has acquired BISAM from Aquiline Capital Partners and company insiders for $205.2… Read More >>
BISAM Acquisition Serves as a Milestone for Unifying Performance and Risk
Performance measurement vendor BISAM’s just announced acquisition of risk analytics specialist FinAnalytica is a response to growing demands among buy-side firms for a unified performance and risk approach, and industry observers are in agreement that the two disciplines are on a parallel and perhaps intersecting path. BISAM officials are not disclosing the financial arrangements for… Read More >>
Vendors Are Rushing to Fill Voids in Ops Offerings
Front-office financial technology vendors are moving quickly to expand their reach into the middle and back office while traditional portfolio accounting systems providers are moving upstream into the middle office in attempts to provide a fuller suite of asset management operational services, according to a new report from market research firm Celent, a division of… Read More >>
Case Study: Acadian Revamps Performance Measurement
The push for operational efficiency is driving quantitative equity manager Acadian Asset Management to integrate its performance and attribution systems, which when finished, should ease some of its data management burdens, says Matthew Lyberg, vice president, manager performance and attribution for the Boston-based Acadian Asset Management. “One of the challenges as a quantitative equity manager… Read More >>
