The Bank of New York Mellon Corporation (BNY) will expand its iFlow product offering, with more extensive fixed income and equity data analytics.
The offering provides a vantage point of insights into the firm’s more than US$50 trillion in assets under custody and administration, it notes, revealing global asset allocation trends and market-moving reactions to investment managers and asset owners.
With this expanded capability, the offering will now be able to generate on-demand charts for shorts, holdings and positioning, complementing existing flow views by allowing for clearer definitions of rotation trade equity, credit and duration in bonds and, ultimately, supporting improved benchmark definitions and portfolio construction.
The offering will now provide the following fixed income and equity insights:
- iFlow Shorts: aggregates short interest metrics that capture borrowing and lending behaviour, aiding portfolio managers in making portfolio construction decisions.
- iFlow Holdings: reflects investor exposure to stock and bond markets, showing an aggregated view into how investors have allocated capital across country, sector, credit rating and maturity.
- iFlow Positioning: measures investment preferences based on aggregated investor holdings, showing capital deployment across countries and sectors, compared with other asset classes and benchmarks.
The new indicators, the company notes, are designed to provide transparency into unexpected market moves and show how markets have acted historically, helping to determine the potential vulnerabilities around shock events.
“Finding ways to distil and understand market data continues to be one of the most important priorities for our clients,” says Jason Vitale, BNY’s head of global markets trading. “The challenge of today is no longer about getting access to vast market datasets but finding ways to unpack and generate insights.”