SimCorp has introduced a new cloud-native performance attribution solution as part of the inaugural offering from its new Investment Analytics Platform.
The solution was developed to meet increasing demand for accurate performance analytics and offers investors the ability to calculate performance attribution in real-time.
“In today’s complex and fast-paced investment landscape, real-time performance attribution can provide transparency and clarity regarding the drivers of financial returns, particularly in portfolio construction and active risk management,” said Lars Ole Hansen, global product manager at SimCorp.
“Our new investment analytics service enables users to perform advanced investment performance analytics on the fly, with calculations delivered in just a few seconds.”
SimCorp’s front-to-back investment management platform offers performance measurement and attribution across all asset classes, including alternatives.
The performance attribution solution is transaction-based and helps investment managers examine the effectiveness of their investment strategy, whether it’s active, passive, or smart-beta.
“By leveraging the data stored within the SimCorp investment management platform and encompassing all asset classes, we secure the highest levels of accuracy and transparency,” added Ole Hansen.
“This design ensures that all assets and transactions are in the same system, meaning that users won’t have to manually pull data from multiple sources to determine the underlying exposures.”
The service also provides portfolio managers and client relationship flexible views of attribution factors in their investment, improving decision-making processes and communication with their investors.
SimCorp stated that it will further expand its offerings under the Investment Analytics Platform by introducing solutions related to ESG attribution and risk attribution as the next set of services.
“Releasing this initial service on the cloud-based Investment Analytics Platform underscores SimCorp’s ongoing commitment to cloud transformation and reinforces our position as a technology-enabled service provider,” said Hugues Chabanis, vice preside of investments at SimCorp.
Earlier this year, SimCorp partnered with FlexTrade Systems to bolster its order management system (OMS) capabilities.
The partnership aimed to meet increasing demand from trading teams for improved integration and collaborative workflows between their OMS and EMS solutions.