eVestment Revamps Analytics Offerings

Institutional investment data and analytics provider eVestment issued a pair of retooled solutions for managing traditional and alternative investment strategies.

The analytics products, dubbed eVestment Spotlight Analytics and eVestment Spectrum Analytics, represent the first offerings in a suite of cloud-based solutions slated for release during the first half of 2014.

Spotlight Analytics, according to a statement from the company, is for financial professionals and retirement plan sponsors seeking easy access to investment data through an intuitive, low cost platform.

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Spectrum Analytics, on the other hand, is for users requiring richer data through optional add-ons for asset flows, search trends, holdings and peer analysis.

Both tools include customizable dashboards, though Spectrum features more interactive charting and more advanced search capabilities, among other differences. 

The new suite simplifies client efforts to move from one eVestment solution to another and to have multiple solutions in use by different groups in the same firm. All solutions access the company’s data cloud of traditional and alternative strategies to ensure continuity across firm and industry. Data from Morningstar, Hedge Fund Research and BarclayHedge, in addition to leading benchmarks, is also incorporated.

Additional information on eVestment’s new analytics suite can be found here.

Sapiens Releasing Recordkeeping Platform

Sapiens International Corporation announced the upcoming release of its Retirement Services Recordkeeping Platform.

The new system supports end-to-end processing of 401(k), 403(b) and 457 retirement plans, in addition to other plans defined under the Employee Retirement Income Security Act (ERISA). The system supports small- to mega-size defined contribution plans and is designed to provide flexibility through its configuration workbench. The new system is scheduled to be formally introduced to the market in early 2014.

The two companies that have already selected the Retirement Services Recordkeeping Platform are both financial services organizations. They are already underway with implementing the platform for planned use in 2014. One company is implementing the complete end-to-end system, while the other is taking a phased approach to the implementation and system rollout.

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“We are excited to be able to offer the industry a modern, cost effective platform to enable retirement services companies to grow their businesses and to take advantage of the rapidly changing and emerging new technologies,” said Ron Karam, president, Sapiens NA Insurance Solutions.

Sapiens International Corporation is a provider of software solutions for the financial services industry.

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