Northern Trust collaborates with Two Sigma 03 March 2021US Reporter: Maddie Saghir
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Northern Trust has partnered with Two Sigma to offer Venn, a cloud-based investment analytics platform, to its clients, as part of its strategy to provide integrated products, services and technology across the whole office.
Venn by Two Sigma will help Northern Trust provide asset allocators with enhanced portfolio insights and analytics designed to help investment teams make more confident asset allocation, manager selection and quantitatively driven investment decisions.
Northern Trust says its clients will be able to gain access to Venn to take advantage of advanced portfolio analytics tools.
In addition, Northern Trust has enabled certain data flows through to the Venn platform via application programming interfaces to allow clients to benefit from the integration with both Northern Trust’s Front Office Solutions and Investment Risk and Analytical Services offerings.
Pete Cherecwich, president of corporate and institutional services at Northern Trust, comments: “Northern Trust is committed to providing additive value to our asset allocator clients. Two Sigma’s Venn is highly regarded within the industry. We believe that the combined expertise and synergies across our two organisations will improve operational efficiency and analytical capabilities for our mutual clients.”
Jake Dwyer, general manager of Venn by Two Sigma, adds: "Venn is designed to help investors better understand and manage their risks in ways they could not before. We are excited to expand our relationship with Northern Trust, bringing Venn’s capabilities to a broader group of sophisticated asset allocator clients.”
Two Sigma’s Venn helps investment teams better understand investment risks and opportunities across a diversified multi-asset portfolio, delivered through modern, cloud-based software.
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