According to DST Global Solutions, Anova offers a suite of products for investment data management, performance measurement and compliance and uses an approach to fixed income attribution that enables users to flexibly model the investment approach with a choice of industry-leading attribution and yield curve models.
DST Global Solutions head of data management Julian Webb said the new functionality will enable managers to “easily attribute the sources of return and exposure from their fixed income strategies for a complete appraisal of their investment performance.”
Mr Webb said the combination of increased market volatility and the introduction of the complex fixed income instruments has spurred many asset management firms to re-evaluate attribution solutions to better manage their fixed income strategies.
“We’re witnessing increased demand from asset and wealth management firms to modernize their current performance measurement and attribution systems," said Mr Webb.
“I believe Anova represents an excellent strategic investment for firms looking to analyze the impact of their investment decisions with granular detail and provide greater transparency to investors and regulators.”
