About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Northern Trust and Two Sigma Partner to Provide Quantitative Analytics to Asset Allocators

Subscribe to our newsletter

Northern Trust and Two Sigma have entered into a strategic agreement to offer quantitative analytics through Venn, Two Sigma’s cloud-based investment analytics platform, to Northern Trust’s clients.

The partnership provides asset allocators with enhanced portfolio insights and analytics, and aims to allow them to make better investment decisions. Under the agreement, Northern Trust will offer its clients seamless access to Venn through Northern Trust Whole Office, its open-architecture, multi-asset class platform that integrates Northern Trust’s architecture alongside partner solutions.

“Sophisticated analytics capabilities are now available to our asset allocator clients that otherwise may have been out of reach for them,” says Marc Mallett, Head of Strategy of Northern Trust Asset Servicing Americas. “Asset allocators often have to rely on Excel spreadsheets and human capital to crunch the numbers for their factor-based models. Venn enables that to be done systematically, and we’ve further automated the process through API integration of Venn into Northern Trust Whole Office.”

The integration aspect is key, says Mallett. “As a custodian, we’re providing middle office services, performance measurement, attribution and other analytics. With the APIs we’ve developed, Venn can call the return streams for clients and display analytics around market data, indices and other information alongside clients’ own return data and the factors that they’re calculating.”

The solution is fully cloud-based, providing easy access for clients, says Mallett. “Clients can just log on to the site and gain access to this information in a highly configurable manner, so they can customise the platform to align with their processes and how they think about their investments.”

“We view Northern Trust as a great partner, with a strong client base that has many similarities to the ones Venn currently serves,” says Jake Dwyer, General Manager at Venn by Two Sigma. “Venn offers those asset allocator clients the ability to level up their quantitative capabilities without the manual effort typically required,” he adds.

“The majority of investment analytics products in the market are largely backwards looking, giving you a reporting capability on how you have performed and what your risks have been,” continues Dwyer, “whereas Venn is more forward-looking, providing clients with a better sense, from where they stand today, around the decisions they’re making in the portfolio and the strategies that they’re considering. With this offering, Northern Trust clients can quickly understand the drivers of risk and return across their assets when making strategic asset allocation decisions.”

Subscribe to our newsletter

Related content

WEBINAR

Upcoming Webinar: Trade the Middle East & North Africa: Connectivity, Data Systems & Processes

In Partnership With Date: 20 May 2024 Time: 11am London / 1pm Egypt & Saudi Arabia / 2pm United Arab Emirates / 6am CET Duration: 50 minutes As key states across the region seek alternatives to the fossil fuel industries that have driven their economies for decades, pioneering financial centres are emerging in Egypt, United...

BLOG

BMLL and CCData Partner to Offer Data Across Traditional and Digital Asset Markets

BMLL Technologies, a provider of Level 3 historical data and analytics, has made a strategic partnership with CCData, an FCA-authorised benchmark administrator and provider of digital asset data solutions and settlement indices, to offer clients access to data and metrics across both traditional and digital asset markets. The partnership is a response to growing demand...

EVENT

TradingTech Summit London

Now in its 13th year the TradingTech Summit London brings together the European trading technology capital markets industry and examines the latest changes and innovations in trading technology and explores how technology is being deployed to create an edge in sell side and buy side capital markets financial institutions.

GUIDE

Tackling the Data Management Challenges of FATCA

As the July 1, 2014 deadline for compliance with the Foreign Account Tax Compliance Act – or FATCA – approaches, financial institutions around the world are working to ensure their data management and operational systems will meet the requirements of the US legislation. This report discusses the requirements of FATCA and how the legislation is...