Buy-Side Technology Awards 2017: Best Buy-Side Performance Measurement and Attribution Product—FactSet
BISAM's B-One platform, now under FactSet ownership, continues to dominate the performance measurement and attribution platform category.
Shortly after the deal was announced, Chris Ellis, senior vice president of business development at FactSet told WatersTechnology: “We’re not going to do anything to mess B-One up—we’re just going to fill it up with FactSet data and make the results play nicely with the rest of FactSet. We just want to pour more gas on that fire.”
FactSet has been good to its word and has begun fueling that fire, focusing on building out the data workflows and integration between B-One and the rest of the FactSet technology ecosystem. While the B-One platform was already one of the go-to systems for performance measurement and attribution, evidenced by its veritable who’s-who roster of global buy-side clients, the system has been further enhanced by feeding in FactSet benchmark data, security master files, fixed-income analytics and risk analytics data, as well as adding new metrics such as ESG (environmental, social & governance) analytics that are of increasing importance to asset managers and investors alike.
One of the key components of any competent performance measure and attribution system is its data consistency, with data that can be loaded, checked, reconciled and then pushed out for multiple purposes. The B-One platform has been enhanced to address these demands through the addition of a new framework that allows users to build or customize checks when data is loaded from multiple sources, without the need to write specific SQL commands.
The integration roadmap for B-One into the broader FactSet ecosystem will continue for the foreseeable future. In the short-term, the vendor will concentrate on its data management workflow efforts, with a particular focus on enhancing its analytics on models for multi- strategy funds, while keeping an eye on its long-term goal of creating a unified performance system between B-One and FactSet’s portfolio analytics system.
In addition to its win in this category, FactSet also won the best buy-side data analytics tool category and the blue-ribboned technology provider of the year category.
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.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
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. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@waterstechnology.com
More on Awards & Rankings
Buy-Side Technology Awards 2024 winner’s interview: SimCorp
SimCorp won the Best buy-side investment book of record (Ibor) platform category in this year’s Buy-Side Technology Awards. Christian Kromann, CEO of SimCorp, discusses the win.
BST Awards 2024: Best buy-side data management product—NeoXam
Product: NeoXam DataHub
BST Awards 2024: Best buy-side execution venue—360T
Product: 360T
Buy-Side Technology Awards 2024: All the winners and why they won
The 39 category winners of the 2024 Buy-Side Technology Awards.
BST Awards 2024: Best buy-side performance measurement and attribution product—FactSet
Product: FactSet Performance Solutions
BST Awards 2024: Best buy-side newcomer (vendor or product)—Exegy
Product: nxFramework
BST Awards 2024: Best buy-side managed data service—S&P Global Market Intelligence
Product: iLEVEL Managed Data Services