Bringing you live news and features since 2006 

State Street enhances risk management platform with factor-risk modelling and data from more than 4,000 ETFs

RELATED TOPICS​

State Street Corporation is to work with Northfield Information Services (Northfield) to enhance its truView Risk Management Platform with factor-risk modelling and data from more than 4,000 exchange traded funds.

truView provides an online, end-to-end risk solution with broad multi-asset class coverage that includes data collection, exception handling and calculating of risk results.

“As it has become more difficult to anticipate market movements based on events, factor risk modelling has emerged as a popular method for calculating portfolio risk,” says Mark McKeon, global head of product, State Street Global Exchange. “When evaluating risk and performance, factor risk modelling offers our clients a more insightful view of how market forces may influence their portfolio, and as a result, the ability to better and more quickly manage their investments as necessary.”

State Street will integrate Northfield’s risk factor tools into its truView platform, including risk factor decomposition; its “Everything Everywhere” multi-asset class risk model; and its “optimizer”, a risk analysis and portfolio allocation tool.

The “Everything Everywhere” risk model calculates risk measures across all asset classes, public investment types, and alternative investments for institutional investors. Its risk model database includes more than 61,000 equities; over 550,000 fixed income securities; 1.3 million municipal bonds; 1 million mortgage back-pools; approximately 90,000 mutual funds and ETFs; and 300,000 CMOs and asset backed securities from 68 developed and emerging market countries, as well as 57 currencies.

“ETFs are becoming more popular investments as investors seek to add flexibility to their portfolios,” says McKeon. “But investors need more visibility into ETF holdings and the ability to accurately incorporate these investments with other asset classes for more cohesive oversight and risk management.”

State Street will also integrate Morningstar’s data for more than 4,000 exchange-traded funds (ETFs) into its truView platform, to help clients better capture ETF potential and allow them to model ETFs alongside other asset classes in risk and other analytics.

Latest News

BlackRock's iShares, an undisputed leader among European ETF issuers, pushed further ahead in Q1 with EUR173 billion in trades, triple..
European ETFs raised USD47.8 billion in Q1, a 15 per cent increase compared to the same period in 2023, according..
LSEG Lipper’s March report finds that globally equity ETFs (+EUR113.2 billion) enjoyed the highest estimated net inflows for the month,..
Morningstar has published a review of the European ETF market for the first quarter 2024, which finds that it gathered..

Related Articles

etf active trading
Latest Morningstar data shows actively managed ETFs’ share of the US ETF market rose to 8.5 per cent at the...
Kristen Mierzwa, FTSE Russell
Index Investments Group (IIG), a division within index provider FTSE Russell, has extended its range of indices through two new...
ETFs
US ETF issuers of active ETFs are facing an increase in fees from the big custodian firms, such as Charles...
Taylor Krystkowiak, Themes ETFs
Themes ETFs opened its doors in December 2023, with an introductory suite of 11 ETFs – seven thematic and four...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by