Charles River and MSCI to Provide Differentiated Risk and Portfolio Analytics
September 20 2019 - 6:45AM
Business Wire
Charles River Development, a State Street Company, today
announced it is collaborating with MSCI Inc. (NYSE: MSCI) to
integrate MSCI Analytics capabilities with Charles River Investment
Management Solution (Charles River IMS). Charles River clients will
be able to use MSCI’s portfolio and risk analytics, enabling access
to MSCI’s industry-leading capabilities and content in multiple
asset class factor modeling, stress-testing, statistical analysis
(VaR), and optimization. In addition, MSCI Analytics clients can
now use Charles River IMS as their single source for portfolio and
data modeling needs.
MSCI Analytics provide investment and risk professionals with a
common language for identifying and communicating the sources of
market, credit, liquidity and counterparty risk across multiple
asset classes. Combined with Charles River’s portfolio management,
risk and attribution capabilities, MSCI Analytics will enable asset
managers and hedge funds to generate timelier risk forecasts,
construct more robust portfolios, and develop and manage smart beta
and risk parity products. This offers enhanced capabilities to
perform in-depth equity, fixed income, and alternative asset class
portfolio construction and attribution, allowing asset owners
greater visibility into their asset allocation decisions and
outsourced manager risk and performance profiles.
“Our partnership with MSCI provides beneficial capabilities for
our mutual clients,” said John Plansky, CEO Charles River. “Adding
new and differentiated analytical capabilities to the Charles River
platform will help clients adapt to changing market conditions,
investor preferences and regulatory mandates. Establishing
relationships with leading analytics providers, such as MSCI,
offers investment managers the greatest choice of portfolio, risk
and attribution capabilities on a single platform.”
“The ability to seamlessly access MSCI’s entire analytics suite
directly from the Charles River platform streamlines the
development and deployment of new investment vehicles and
strategies across asset classes. It will also simplify workflows
and improve communication, operational efficiency and collaboration
between the front and middle offices across the entire investment
process,” said Jorge Mina, Head of Analytics at MSCI. “These
capabilities, combined with the ability for clients to seamlessly
access MSCI services directly with data from Charles River IMS,
make this partnership with Charles River IMS a powerful
combination.”
About MSCI
MSCI is a leading provider of critical decision support tools
and services for the global investment community. With over 45
years of expertise in research, data and technology, we power
better investment decisions by enabling clients to understand and
analyze key drivers of risk and return and confidently build more
effective portfolios. We create industry-leading research-enhanced
solutions that clients use to gain insight into and improve
transparency across the investment process. To learn more, please
visit www.msci.com.
About Charles River, a State Street Company
Charles River enables sound and efficient investing across all
asset classes. Investment firms in more than 30 countries use
Charles River IMS to manage more than US$25 Trillion in assets as
of April 2019 in the institutional investment, wealth management
and hedge fund industries. Our Software as a Service-based solution
(SaaS) is designed to automate and simplify investment management
on a single platform – from portfolio management and risk analytics
through trading and post-trade settlement, with integrated
compliance and managed data throughout. Headquartered in
Burlington, Massachusetts, we support clients globally with more
than 925 employees in 11 regional offices. For more information,
visit www.crd.com.
About State Street Corporation
State Street Corporation (NYSE: STT) is one of the world's
leading providers of financial services to institutional investors,
including investment servicing, investment management and
investment research and trading. With $32,754 billion in assets
under custody and administration and $2,918 billion* in assets
under management as of June 30, 2019, State Street operates
globally in more than 100 geographic markets and employs
approximately 39,000 worldwide. For more information, visit State
Street's website at www.statestreet.com.
* Assets under management include the assets of the SPDR® Gold
ETF and the SPDR® Long Dollar Gold Trust ETF (approximately $36
billion as of June 30, 2019), for which State Street Global
Advisors Funds Distributors, LLC (SSGA FD) serves as marketing
agent; SSGA FD and State Street Global Advisors are affiliated.
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version on businesswire.com: https://www.businesswire.com/news/home/20190920005044/en/
Mary Masi-Phelps, marymasiphelps@crd.com, 781-425-6155
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