Northern Trust is set to integrate BI-SAM's attribution modelling services to increase its fixed income portfolio analysis capabilities for custody and fund administration clients.
This will allow investors to further analyse the key determinants of performance with multi-factor, asset-level detail on market and manager decisions affecting the portfolio's return.
"After a detailed review of global fixed income attribution models, BI-SAM appeared as an ideal solution for Northern Trust," said Anthony Stevens, practice head for Investment Risk & Analytical Services in EMEA at Northern Trust. "By integrating the BI-SAM security-level attribution data into our existing product offerings, Northern Trust will be able to provide granular analysis of portfolio returns across a broad range of securities to distill meaningful summaries across manager specific classifications."