Northern Trust To Offer Venn 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 Trustâs 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 Trustâs 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 âplatformâ approach offers value to key areas of need â in particular, optimization of the front office investment process.
âOur Whole Office ecosystem delivers global asset allocators and asset managers scale, efficiency, flexibility and optionality, ultimately enabling more informed investment decision making,â said Pete Cherecwich, President of Corporate & Institutional Services at Northern Trust. âNorthern Trust is committed to providing additive value to our asset allocator clients. Two Sigmaâs 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.â
Two Sigmaâs 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,â said Jake Dwyer, General Manager of Venn by Two Sigma. âWe are excited to expand our relationship with Northern Trust, bringing Vennâs capabilities to a broader group of sophisticated asset allocator clients.â
Source: Northern Trust
More than 15 sell-side and 20 buy-side firms have joined the platform.
Analytics will cover portfolio construction, pre-trade risk and post-trade performance attribution.
Virtu aims to help clients interact with markets more efficiently so they can mitigate risk and lower costs.
ESG is increasingly at the forefront of decision-making for investment managers and asset owners.
Users can manage cloud storage of client-specific liquidity streams and monitor rates across FX products.