BNY Mellon reports the launch of Asset Strategy View, the first in a new set of ‘big data’ solutions that leverages proprietary aggregated client data to generate market intelligence around institutional investor allocations and behaviour.
Asset Strategy View has been designed for large multi-strategy money managers, says BNY Mellon. It delivers various aggregate levels of asset owner allocations and capital flows to provide insight into market trends and investor activity. The new service collects, aggregates, and normalizes data on more than US$1.7 trillion in assets, representing about 20 percent of the investable asset owner market in the US.
“Clients are telling us how vital this information is to supporting their research and product development efforts,” said Frances Barney, CFA, head of Consulting-Americas for Global Risk Solutions at BNY Mellon. “To our knowledge, no other institutional peer group data sets deliver Asset Strategy View’s level of detail, frequency and data quality. We believe it’s a game-changer for asset managers and owners alike.”
Extending the reach of Asset Strategy View, BNY Mellon also has announced new Asset Allocation Trust Universes. Available to users of the BNY Mellon U.S. Master Trust Universe, plan sponsors will be able to use the newly expanded data to identify typical allocations for plans of similar size as well as asset allocation trends over time. Improved graphical reporting features allow users to compare portfolio results against those of BNY Mellon Global Risk Solutions’ large institutional client base.
Barney added: “Both new offerings are part of our over-arching data management strategy to roll out additional solutions across the trade lifecycle. It’s not just about big data, it’s about smart data our clients can use to their advantage.”