03.03.2021

Northern Trust To Offer Venn Analytics

03.03.2021
Fund Managers to Increase Spend on Data Analytics

As part of its strategy to provide integrated products, services and technology across the whole office, Northern Trust has entered into a strategic agreement with Two Sigma to offer Venn, a cloud-based investment analytics platform, to its clients. Venn by Two Sigma will help Northern Trust provide asset allocators with enhanced portfolio insights and analytics designed to help investment teams make more confident asset allocation, manager selection and quantitatively driven investment decisions.

Through this strategic relationship, Northern Trust clients can gain seamless access to Venn to take advantage of advanced portfolio analytics tools.  Northern Trust has enabled certain data flows through to the Venn platform via APIs, allowing clients to benefit from the integration with both Northern Trust’s Front Office Solutions and Investment Risk and Analytical Services offerings.

The Two Sigma relationship already supports a number of mutual clients and is an extension of Northern Trust Whole Office, an approach that integrates Northern Trust’s architecture alongside innovative partners, facilitating client access to new technologies, services and solutions. As asset allocators and managers seek to drive performance and lower costs, the Whole Office ‘platform’ approach offers value to key areas of need – in particular, optimization of the front office investment process.

“Our Whole Office ecosystem delivers global asset allocators and asset managers scale, efficiency, flexibility and optionality, ultimately enabling more informed investment decision making,” said Pete Cherecwich, President of Corporate & Institutional Services at Northern Trust. “Northern Trust is committed to providing additive value to our asset allocator clients. Two Sigma’s Venn is highly regarded within the industry. We believe that the combined expertise and synergies across our two organizations will improve operational efficiency and analytical capabilities for our mutual clients.”

Two Sigma’s Venn helps investment teams better understand investment risks and opportunities across a diversified multi-asset portfolio, delivered through modern, cloud-based software.

“Venn is designed to help investors better understand and manage their risks in ways they could not before,” said Jake Dwyer, General Manager of Venn by Two Sigma. “We are excited to expand our relationship with Northern Trust, bringing Venn’s capabilities to a broader group of sophisticated asset allocator clients.”

Source: Northern Trust

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