Technology solutions provider Confluence Technologies has launched Prism Analytics in an effort to assist the investment management industry with data analytics.
The solution provides asset managers access to channel level flows of assets and revised allocations, post-transaction fees by channel, investment type and vehicle. It also gives them access to public and private mandates won or lost by a manager.
Fed by data from Confluence’s PARis platform, Prism Analytics aggregates insights from the industry’s top consultants, as ranked by P&I on institutional assets. All data is provided by investment consultants who have fiduciary responsibility.
Prism assists in eliminating guesswork, finding potential buyers and making sales more targeted and actionable, says Confluence.
Damian Handzy, managing director of the analytics division at Confluence, comments: “We’re seeing a growing demand by asset managers for greater insights and transparency on plan investments, including those without disclosure requirements, such as private plans.
“Prism Analytics gives portfolio managers, research, sales and distribution an advantage through access to unique data, allowing them to understand whether they are playing offense or defense with a given asset class. It can help them decide whether a specific investment vehicle would appeal to their existing clients or be more attractive to newer ones.”
