The Bank of New York Mellon Corporation, a global financial services company, announced the expansion of its iFlow1 product offering, with more extensive fixed income and equity data analytics. iFlow provides a unique vantage point of insights into BNY’s more than $50 trillion in assets2 under custody and/or administration, revealing global asset allocation trends and market-moving reactions, to investment managers and asset owners.
With this expanded capability, BNY’s iFlow will now be able to generate on-demand charts for shorts, holdings, and positioning, complementing existing flow views. This allows for clearer definitions of rotation trade equity, credit, and duration in bonds and, ultimately supports improved benchmark definitions and portfolio construction.
iFlow will now provide the following fixed income and equity insights:
· iFlow Shorts: aggregates short interest metrics that capture borrowing and lending behavior, 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 to other asset classes and benchmarks.
The new indicators 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 distill and understand market data continues to be one of the most important priorities for our clients. The challenge of today is no longer about getting access to vast market data sets but finding ways to unpack and generate insights,” said Jason Vitale, Head of Global Markets Trading at BNY. “Given our unique vantage point, touching about a fifth of the world’s investable assets, and through our expanded iFlow capabilities, we’re able to help clients better understand global markets.”
Source: BNY
