Nikko Asset Management (Nikko AM), a Japanese asset manager, has opted for the FactSet Linear Multi Asset Class (MAC) risk model to support risk management at its global fixed income operations.
Why did Nikko AM choose FactSet?
The move is intended at enhancing data integration speed and quality across various assets, input sources, and locations.
Nikko AM will also utilise FactSet’s fixed income analytics. According to the vendor, it will enable the asset manager to secure one global multi-asset covariance matrix and analytics coverage across developed, emerging, as well as frontier markets.
“Following implementation by FactSet’s Professional Services Group, Nikko AM will have access to FactSet’s award-winning solutions for risk management, portfolio analytics, and investment research, as well as its industry-leading client service,” FactSet said in a statement.
Nikko AM head of global data management and solutions Chin-Jen Chang said: “We are excited to work with FactSet, as they have demonstrated coverage for our diverse range of fixed income investments.
“FactSet’s client service and its excellent data management capabilities also consistently differentiated them from their competitors, and were major reasons Nikko AM selected FactSet.”
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataFactSet also signed a deal with Merrill Lynch Wealth Management earlier this month. The wealth manager selected FactSet as its primary market data provider, ditching Thomson Reuters.