Brunel Pension Partnership has appointed AssetMetrix to manage private markets data and provide investor technology for the investment pool, as it continues to develop its operating model.
AssetMetrix’s platform will enable Brunel to streamline data processing and aggregation, while offering investors greater insights into private market assets.
The outsourced model will enable Brunel to focus on strategic decision-making and delivering long-term value for clients, it announced.
Brunel will benefit from:
- enhanced reporting and analytics – an intuitive online platform with access to real-time data with full data lineage to generate detailed reports and perform in-depth portfolio analysis;
- streamlined data management – AssetMetrix will handle all aspects of data processing and aggregation, ensuring accuracy and efficiency;
- comprehensive fund services – additional support to enhance operational workflows and improve efficiency across the board.
Joe Webster, chief operating officer at Brunel, said: “We were excited to find a vendor who really understands asset owners and has the next-generation capabilities we need, from source document verification through to granular investment analytics.”
He said that AssetMetrix offers a data and analytics solution that will deliver improved business insights across Brunel’s private markets assets and play an enabling role in driving investment performance.
“Brunel has a great track record of local and responsible investments, the AssetMetrix solutions will provide granularity and take us towards achieving the UK government’s vision as they expressed in the future fit consultation,” Webster noted.
Dimitris Matalliotakis, chief executive officer and chief product and technology officer at AssetMetrix, said that throughout the tender process he has seen a “perfect match” between the requirements of an innovative, future-oriented asset owner and the technology and service products that AssetMetrix has developed to specifically meet “such needs in a seamless manner”.
He continued: “We are convinced that this will be a joint journey of great achievements guided by the principles of innovation, performance and cooperation in a rapidly evolving financial and technological environment.”
Brunel said this partnership represents a “significant milestone” in its digital evolution, enabling the pool to remain at the forefront of innovation within the Local Government Pension Scheme (LGPS) and investment management sectors.
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