Northern Trust and BI-SAM Announce Agreement to Integrate Attribution Models for Fixed Income

Northern Trust and BI-SAM today announced an agreement to integrate BI-SAM’s B-One Fixed Income Attribution models into Northern Trust’s multi-faceted web portal, Passport.

The agreement with BI-SAM, a leading provider of software and services to the global performance, attribution and reporting industry, will strengthen Northern Trust’s fixed income portfolio analysis capabilities for custody and fund administration clients. Integrating BI-SAM’s attribution models with Passport’s tools will allow investors to further analyze the key determinants of performance with multi-factor, asset-level detail on market and manager decisions affecting the portfolio’s return.

“After a detailed review of global fixed income attribution models, BI-SAM appeared as an ideal solution for Northern Trust,” said Anthony Stevens, Practice Head for Investment Risk & Analytical Services in the EMEA (Europe, Middle East and Africa) region at Northern Trust. “By integrating the BI-SAM security-level attribution data into our existing product offerings, Northern Trust will be able to provide granular analysis of portfolio returns across a broad range of securities to distill meaningful summaries across manager specific classifications.”

“We are excited that Northern Trust has chosen to work with BI-SAM,” said Anthony Howland, Chief Operating Officer of BI-SAM Ltd. “We look forward to working with Northern Trust to help them and their clients benefit from our extensive experience in fixed income attribution modelling.”