BNY Mellon adds new tool
22 July 2014 New York
Image: Shutterstock
BNY Mellon’s Global Collateral Services business has added of FundIQ, a third party market research and analytical tool, to its arsenal.
Through BNY Mellon’s new service, which is available through the company's Liquidity DIRECTSM portal, clients can compare fund characteristics against peer group averages and assign ratings in multiple risk categories for individual funds or across an entire portfolio of funds.
The risk analysis framework covers some 50 characteristics in five broad categories: portfolio risk, sponsor risk, advisor/management risk, shareholder risk and systemic risk.
“Nearly all financial decisions include an assessment of risk,” said Jonathan Spirgel, executive vice president and head of global collateral services sales and relationship management at BNY Mellon.
“Beyond fund characteristics and metrics, this tool helps clients make a more informed investment decision with analysis that recognises and monitors specific risk factors.”
Through BNY Mellon’s new service, which is available through the company's Liquidity DIRECTSM portal, clients can compare fund characteristics against peer group averages and assign ratings in multiple risk categories for individual funds or across an entire portfolio of funds.
The risk analysis framework covers some 50 characteristics in five broad categories: portfolio risk, sponsor risk, advisor/management risk, shareholder risk and systemic risk.
“Nearly all financial decisions include an assessment of risk,” said Jonathan Spirgel, executive vice president and head of global collateral services sales and relationship management at BNY Mellon.
“Beyond fund characteristics and metrics, this tool helps clients make a more informed investment decision with analysis that recognises and monitors specific risk factors.”
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