IHS Markit & CloudAttribution to offer performance attribution through thinkFolio

By Megha Bhattacharya

IHS Markit has formed a strategic alliance with CloudAttribution to integrate their performance attribution capabilities into the thinkFolio investment management platform. The partnership complements thinkFolio’s strategy of increasing flexibility, interoperability and delivering further analytics insights to address the evolving needs of the front office. It is expected to bring together thinkFolio’s multi-asset decision support suite and CloudAttribution’s cloud-native, performance attribution models and technology for fixed-income and multi-asset portfolio management.

The integration will enable mutual clients of thinkFolio and CloudAttribution to bring performance attribution to their desktops and to flexibly evaluate portfolio performance for a variety of cross-asset institutional investment strategies, including ESG.

“The CloudAttribution partnership brings an innovative performance attribution approach to the thinkFolio solution ecosystem,” said Brett Schechterman, Global Head of thinkFolio at IHS Markit. “thinkFolio clients can now apply a flexible post-trade lens to unlock insights as to which levers within their decision framework impacted active returns. Through our partnerships with CloudAttribution and leading risk management providers, we are pleased provide access to analytics that span the investment lifecycle, and to increase the options available to portfolio managers and other key stakeholders across the enterprise.”

Recently, Northern Trust, as part of its continuing strategy to serve client needs across the entire investment lifecycle, has partnered with IHS Markit. The partnership is considered a further significant milestone in Northern Trust’s drive to streamline investment operations for asset managers and asset owners. The integration between thinkFolio and Northern Trust’s middle office outsourcing platform is expected to provide opportunities for both the firms to offer mutual institutional clients innovative solutions and services leveraging each other’s strengths across the investment value chain.

“As a company that has focused on fixed-income and multi-asset requirements from day one, we are excited to bring our performance attribution modelling and approach to a wider group of fixed-income, multi-asset and equity managers through thinkFolio,” said Peter Simmons, CEO and Founder of CloudAttribution. “Together, CloudAttribution and thinkFolio are empowering the front office with an investment management platform that supports the unique attribution requirements of multi-asset and fixed-income investment strategies.”