Fixed Income Attribution solutions are notoriously data hungry, requiring immense amounts of data from many sources to seamlessly decompose portfolio and benchmark returns. Acquiring the data is just one small part of the equation - equally important is integrating, matching, and validating the data - not to mention ensuring the portfolio managers and external customers are happy with the selections. When it comes to choosing data vendors and data tools, the priority has typically been to focus first on selecting a vendor of index and analytics data that could meet the requirements of internal users and customers, and then simply leveraging that vendor’s data tools for a low (or no) fee.
In the world of Risk and Performance and Attribution, the players are buzzing – what is going on with Bloomberg LP and the acquisition of Barclays POINT and the Barclays Fixed Income indices?
BISAM has long been recognized as a leader in the Fixed Income Attribution space, due in no small part to our early and sharp focus on providing an application that provides consistent results within the firm, but also outside the firm. We have watched our customers embed the results coming from B-One into direct conversations with their clients, marketing literature, client reporting, etc. Through this process, we have realized that our customers’ clients have become more and more educated. Their historical inattention has turned into a keen eye to manager performance as it relates to their fixed income investments. They understand the impact of
Since Bloomberg announced its acquisition of Barclays POINT at the end of 2015, BI-SAM has received a number of inquiries from our customers who are seeking guidance as they begin to consider a transition plan.
In that spirit, we have outlined three questions that current Barclays POINT users should consider as part of their evaluation process: