Performance Attribution Modules of Portfolio Systems
| New York, NY, USA July 19, 2004|
Celent projects that new spending for performance modules with attribution will total US$43.8 million for 2004, with an estimated annual growth rate of 8.1 percent for 20042007 in the North American and European markets.
In a new report entitled , Celent examines seven vendors in this space, looking at solution components, attribution methods and models, and solution flexibility. This report also explores the current major trends in the marketplace and identifies future trends.
"Portfolio systems will help drive the adoption of performance attribution because of solution merit and the ease of adding a module to the existing portfolio system. Adding a module is often an opportunity to negotiate pricing, and asset managers may obtain lower costs for the performance solution than by seeking a new technology provider. This combination of merit and ease is attractive to asset managers searching for ways to keep costs down, enhance investment performance, and improve client servicing," says
Denise Valentine, Celent analyst and author of the report.
Solution vendors profiled in the report are DST International, Eagle Investment Systems Corp., Financial Models Company Inc., INDATA, Integrated Decision Systems, SimCorp USA, and SunGard Investment Management Systems.
This report is part of a Celent series on investment performance attribution. See "The Science and Art of Performance Attribution for Investing, Servicing & Marketing," January 2004, for a detailed discussion of attribution trends, terms and usage, and "Specialist Vendors of Investment Performance Attribution," February 2004, which discusses vendor solutions that are not associated with a front-to-back portfolio system suite.
is available online.
of Celent Communications' Retail Securities & Investments, and Institutional Securities & Investments research services can download the report electronically by clicking on the icon to the left. Non-members should contact email@example.com for more information.
Celent is a research and advisory firm dedicated to helping financial institutions formulate comprehensive business and technology strategies. Celent publishes reports identifying trends and best practices in financial services technology and conducts consulting engagements for financial institutions looking to use technology to enhance existing business processes or launch new business strategies. With a team of internationally based analysts, Celent is uniquely positioned to offer strategic advice and market insights on a global basis. Celent is a member of the Oliver Wyman Group, which is a wholly-owned subsidiary of Marsh & McLennan Companies [NYSE: MMC].
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|New York, NY, USA July 19, 2004|
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