IHS Markit (NYSE: INFO), a provider of critical information, analytics 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 enhancing flexibility, interoperability and offering key analytics insights to cater to the requirements of the front office.
It aims to bring together thinkFolio’s multi-asset decision support suite and CloudAttribution’s Cloud-enabled, performance attribution models and tech for fixed-income and multi-asset portfolio management.
This new integration will support mutual clients of thinkFolio and CloudAttribution in order to provide performance attribution to their desktops and to effectively assess portfolio performance for various cross-asset institutional investment strategies, such as ESG (among others).
CloudAttribution’s stated goal is to make everyday tasks a lot simpler for portfolio managers and performance teams via improved data handling and to offer clear attribution models.
The partnership has been formed after the announcement in December 2020 that various portfolio and risk analytics capabilities were being integrated with thinkFolio.
Mutual clients of both service providers will now be able to access key analytical insights within thinkFolio, including portfolio construction, pre-trade risk analytics, and post-trade performance attribution.
Brett Schechterman, Global Head of thinkFolio at IHS Markit, stated:
“The CloudAttribution partnership brings an innovative performance attribution approach to the thinkFolio solution ecosystem. thinkFolio clients can now apply a flexible post-trade lens to unlock insights as to which levers within their decision framework impacted active returns. Through our partnerships with CloudAttribution and leading risk management providers, we are pleased provide access to analytics that span the investment lifecycle, and to increase the options available to portfolio managers and other key stakeholders across the enterprise.”
Peter Simmons, CEO and Founder of CloudAttribution, remarked:
“As a company that has focused on fixed-income and multi-asset requirements from day one, we are excited to bring our performance attribution modelling and approach to a wider group of fixed-income, multi-asset and equity managers through thinkFolio. Together, CloudAttribution and thinkFolio are empowering the front office with an investment management platform that supports the unique attribution requirements of multi-asset and fixed-income investment strategies.”