BNY Mellon, Investor Analytics to Enhance Funds' Risk Management

Investment management firm BNY Mellon has announced it will partner with Investor Analytics, a New York-based risk management services provider, to include liability modeling in its risk management solution offered to institutional clients, allowing a more complete assessment of total portfolio risk.

The firms, which have formed a strategic alliance, say pension fund sponsors—the largest of which administer funds in the hundreds of billions of dollars—will be able to use the additional tool to evaluate funded status and assess risk analytics on total as well as individual assets against particular benchmarks.

The modeling functionality will also allow clients to predict the behavior of assets and liabilities under market stresses and yield curve changes.

"With the addition of liabilities modeling to our risk offering, we'll provide our clients with a more complete picture of the impact of market events on their fund obligations," says John Gruber, global product strategy head of BNY Mellon Asset Servicing's performance and risk analytics group, adding that, through the partnership, BNY is "advancing the industry standard by creating more robust tools to help our clients manage all the components of risk."