IHS Markit partners with CloudAttribution to integrate performance attribution into thinkFolio investment management solution
IHS Markit (NYSE: INFO), a provider of critical information, analysis and solutions, has partnered with CloudAttribution in order to integrate their performance attribution capabilities into the ThinkFolio investment management platform.
This latest partnership aims to complement thinkFolio’s business strategy of improving flexibility, interoperability and delivering key analytical information to meet front office requirements.
It aims to bring together thinkFolio’s multi-asset decision support suite and CloudAttribution’s cloud performance attribution models and technologies for the management of fixed income and multi-asset portfolios.
This new integration will support common clients of thinkFolio and CloudAttribution to provide performance attribution to their desktops and effectively assess portfolio performance for various multi-asset institutional investment strategies, such as ESG (between other).
CloudAttribution’s stated goal is to simplify the day-to-day tasks of portfolio managers and performance teams through better data management and to offer clear attribution models.
The partnership was formed after the announcement in December 2020 of the integration of various portfolio and risk analysis capabilities into thinkFolio.
Joint clients of the two service providers will now be able to access key analytical information in thinkFolio, including portfolio construction, pre-trade risk analysis and post-trade performance attribution.
Brett Schechterman, Global Head of thinkFolio at IHS Markit, said:
“The CloudAttribution partnership brings an innovative approach to performance attribution to the thinkFolio solution ecosystem. ThinkFolio clients can now apply a flexible post-trade lens to gain insight into the levers in their decision-making framework that have impacted active returns. Through our partnerships with CloudAttribution and leading risk management vendors, we are happy to provide access to analytics that span the entire investment lifecycle and expand the options available to portfolio managers and other parties. key stakeholders of the company. “
Peter Simmons, CEO and Founder of CloudAttribution, said:
“As a company that has focused on the requirements of fixed income and multi-asset securities from day one, we are excited to bring our modeling and performance attribution approach to a broader group of fixed income, multi-asset and equity managers through thinkFolio. Together, CloudAttribution and thinkFolio provide the front office with an investment management platform that supports the unique attribution requirements of multi-asset and fixed income investment strategies. “