MercerInsight performance data and analytics to be offered to FactSet’s North American client base
Mercer, a global consulting leader in advancing health, wealth and careers, and a wholly owned subsidiary of Marsh & McLennan Companies (NYSE: MMC) today announced a partnership with FactSet, a leading provider of integrated financial information and analytical applications. As part of the partnership, Mercer will offer its MercerInsight performance data and analytics to FactSet’s North American clients on the FactSet platform.
Among a wide array of products, MercerInsight, a cloud-based platform for asset managers, provides performance data and analytics (formerly Mercer Manager Performance Analytics (“MPA”)) on over 29,000 strategies across multiple traditional and alternative asset classes to its subscribers. Through this new partnership, FactSet customers in the United States and Canada have the ability to subscribe to the Mercer performance data and analytics and integrate such information directly with local databases or analytic tools already available in their workflow on the FactSet platform.
“We are excited to offer our clients the same performance data and analytics available to MercerInsight subscribers, leveraging Mercer’s extensive investment consulting experience to enhance FactSet’s offering in the institutional market,” explained Drew Cronin, VP, Director of Analytics Strategy at FactSet. “This partnership expands on our multi-asset class solution, providing broad coverage of both traditional and alternative asset managers."
MercerInsight performance data and analytics is a web-based performance evaluation tool that enables comprehensive analysis of institutional track records versus competitors’ track records, “Mercer universes”, or market indices. These analytical capabilities of MercerInsight, in combination with professional charts and graphs, make this a powerful presentation package for investment managers in communicating with their investors.
“FactSet’s high quality customer service and its ability to seamlessly integrate data within the customer's workflow are only a few of the reasons we are excited about the FactSet partnership,” said David Eisenberg, Director of Client Consulting, Mercer Investments, “Having our peer universes and analytics available through FactSet is a major benefit to investment managers and clients working to better position and evaluate their investment products.”
FactSet delivers the world's best insight and information to investment professionals through superior analytics, service, content, and technology. More than 63,000 users make smarter investment decisions with FactSet's desktop analytics, mobile applications, and comprehensive data feeds. FactSet is also an honoree of Fortune's 100 Best Companies to Work For and a Best Workplace Award recipient in the United Kingdom and France. FactSet is listed on the New York Stock Exchange and NASDAQ (NYSE:FDS | NASDAQ:FDS).
Mercer is a global consulting leader in talent, health, retirement and investments. Mercer helps clients around the world advance the health, wealth and careers of their most vital asset – their people. Mercer’s more than 20,000 employees are based in 43 countries and the firm operates in over 140 countries. Mercer is a wholly owned subsidiary of Marsh & McLennan Companies (NYSE: MMC), a global professional services firm offering clients advice and solutions in the areas of risk, strategy and people. With annual revenue of $13 billion and 60,000 colleagues worldwide, Marsh & McLennan Companies is also the parent company of Marsh, a leader in insurance broking and risk management; Guy Carpenter, a leader in providing risk and reinsurance intermediary services; and Oliver Wyman, a leader in management consulting. For more information, visit www.mercer.com. Follow Mercer on Twitter @Mercer.
MercerInsight is provided by Mercer Investment Consulting LLC.