Waters Rankings 2016: Best Performance Measurement and Attribution System Provider — BISAM
This year, BISAM steps into the winners’ circle and by so doing adds yet another title to its impressive string of Buy-Side Technology Awards wins, having dominated the corresponding category in those awards for eight straight years. BISAM’s B-One performance, attribution and Global Investment Performance Standards (GIPS) reporting platform is responsible for landing all of BISAM’s silverware over the years, although now its strategy entails so much more than just performance.
The name of the game for the New York-based vendor is integration—specifically with risk—a rainbow it has been chasing for the best part of a decade, proposing that pure performance numbers viewed in isolation are meaningless. In this regard, BISAM has been toying with the idea of adding support for risk consumption data to better articulate to portfolio managers not only where and how performance emanated from, but also the levels of risk courted and “consumed” in order to achieve that performance.
In March this year, BISAM’s integration dream took a significant step forward when it announced that it had acquired New York-based market risk specialist FinAnalytica and its Cognity offering, a multi-asset class risk management, portfolio construction, and decision analytics platform, developed specifically for the buy side. According to a press release, the acquisition “responds to a growing demand for unified performance and risk,” a clear nod to the firm’s integration drive. “This market requirement is driven by several key industry trends, including a shift toward risk factor-based allocation approaches, pressure from asset owners for a deeper understanding of both risk and performance profiles, and the race for higher performing investment strategies.”
Clearly FinAnalytica, awarded six US patents for its risk analysis—including methodologies for risk budgeting, a new approach for valuing derivatives, a portfolio construction technique using fat-tailed models, and a strategy for determining which risk characteristics explain the behavior of risk factors—is set to play a pivotal role in BISAM’s buy-side strategy going forward, a strategy that according to Waters’ readers is already paying dividends.
This year, BISAM steps into the winners’ circle and by so doing adds yet another title to its impressive string of Buy-Side Technology Awards wins, having dominated the corresponding category in those awards for eight straight years.
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@waterstechnology.com
More on Awards & Rankings
Witad Awards 2024: Rising star (vendor) – data, engineering & product development—Roberta Bill, SmartStream Technologies
Roberta Bill, product manager at SmartStream Technologies, wins rising star (vendor) – data, engineering & product development, in the 2024 Women in Technology and Data Awards.
Witad Awards 2024: Technology leader of the year (end-user)—Sejal Shah, BNP Paribas India Services
Sejal Shah, director and head of Global Markets IT BNP Paribas India Services, wins technology leader of the year (end-user) in the 2024 Women in Technology and Data Awards.
Witad Awards 2024: Reference data professional of the year (end-user)—Ludmilla Morgunova, BNP Paribas
Ludmilla Morgunova, Java developer on BNP Paribas’ Referential Data Platform, wins reference data professional of the year (end-user) in the 2024 Women in Technology and Data Awards.
Witad Awards 2024: Vendor professional of the year (trading and risk)—Mina Wallace, SS&C Algorithmics
Mina Wallace, general manager and senior vice president of the risk management business unit at SS&C Algorithmics, wins the vendor professional of the year (trading and risk) in the 2024 Women in Technology and Data Awards.
Witad Awards 2024: Above and beyond award (vendor)—Susan Bennett, Tradeweb
Susan Bennett, managing director, global head of product marketing at Tradeweb, wins the above and beyond award (vendor) in the 2024 Women in Technology and Data Awards.
Women in Technology & Data Awards 2024: All the winners and why they won
WatersTechnology honored the winners of the 36 categories in the 2024 Women in Technology & Data Awards, who were announced at a sit-down lunch in London on International Women's Day on March 8.
AFTAs 2023: Best new technology introduced over the last 12 months (data & data services)—SS&C Aloha
Northern Trust: Improving transparency across the asset servicing market
Northern Trust won three categories in the 2023 American Financial Technology Awards. Paul d’Ouville, global head of technology solutions and servicing at Northern Trust, discusses his firm’s fourth consecutive win in the Best reporting initiative…
Most read
- Women in Technology & Data Awards 2024: All the winners and why they won
- Witad Awards 2024: Above and beyond award (vendor)—Susan Bennett, Tradeweb
- Fighting FAIRR: Inside the bill aiming to keep AI and algos honest