Broadridge Financial Solutions has partnered with analytics solution provider Point Focal to provide its clients with better access to portfolio analytics and data-driven insights.
As part of the mandate, Point Focal reports will be available on Broadridge’s NYFIX, an order-routing network platform, providing automated reports that combine relevant data, visual analytics and natural language processing (NLP).
The platform exposes signals to improve single stock and portfolio performance while de-risking exposure.
Broadridge’s NYFIX clients, including buy-side asset and wealth managers, sell-side service providers, portfolio managers, traders, research analysts and registered investment advisors will have access to portfolios and watch lists.
The portfolios and lists will be built from Point Focal’s aggregated, vetted and alternative data, derived from marketing sources and delivered in actionable summaries.
Reports that are to be made available on NYFIX include a pre-market report of recent news activity and sentiment scores, earnings recaps and outlooks.
This is in addition to a post-market report summarising portfolio performance and a weekly report summarising on-and-off exchange venue activity.
George Rosenberger, general manager of NYFIX at Broadridge Trading and Connectivity Solutions, says: “Point Focal provides a unique lens on the market which will help add alpha to the trading process and these new insights will rapidly improve performance while mitigating execution risk and simplify trading.”
Thomas Bryant, director of sales and business development at Point Focal, comments: “Broadridge is a trusted partner touching many investment management operations and has a history of identifying innovative technology solutions. Combining Point Focal analytic assets with Broadridge’s network and ability-to-scale creates an unprecedented experience for decision makers.”
