Institutional investors to benefit from enhanced productivity, access to data
CHICAGO [June 16th, 2020] – Backstop Solutions Group (“Backstop”), a leading cloud-based productivity suite for institutional and alternative investors, and Mercer, a global leader in redefining the world of work, reshaping retirement and investment outcomes, and unlocking real health and well-being, and a business of Marsh & McLennan (NYSE: MMC), today announced a strategic alliance. As a result of the agreement, Mercer’s institutional investment data, forward-looking research and ratings are now available through Backstop’s platform, enabling asset owners to significantly streamline research and portfolio management workflows.
Backstop clients who subscribe to MercerInsight, Mercer’s cloud-based investment manager research and analytics platform, will be able to access institutional investment data, research and ratings on over 7,000 managers and 35,000 strategies through Backstop’s productivity platform, enabling such institutional asset owners, consultants, and advisors clients to quickly ascertain Mercer’s views on managers to bolster their own research and opinions.
“Across the institutional investment industry, there is a growing focus on productivity,” said Clint Coghill, CEO Backstop Solutions Group. “In joining forces with Mercer, we are able to deliver a best-in-class experience to our clients by providing both key insights and the tools to effectively manage those insights. Users can streamline research and portfolio management workflows with seamless access to fund performance and analysis as well as manager research and ratings, all within their Backstop platform.”
“Investment professionals today face a real challenge with information overload. To help support the development of value added insights, information needs to be managed and made relevant to investors” own circumstances, and their actual or intended investments,” said Rich Nuzum, Global President of Mercer’s Investments and Retirement business. “Mercer’s research, analysis and insights from more than 200 manager researchers is now flowing through the Backstop platform, giving asset owners the relevant and timely information they need, integrated into their daily workflow, to enable better collaboration and productivity.”
For more information, visit https://www.backstopsolutions.com/.
About Backstop Solutions Group, LLC
Backstop’s mission is to help the institutional investment industry use time to its fullest potential. We develop technology to simplify and streamline otherwise time- consuming tasks and processes, enabling our clients to quickly and easily access, share, and manage the knowledge that is critical to their day-to-day business success. Backstop provides its industry-leading cloud-based productivity suite to investment consultants, pensions, funds of funds, family offices, endowments, foundations, private equity, hedge funds, and real estate investment firms.
For further information contact:
Maryling Yu
Chief Marketing Officer
(312) 277 1189
maryling.yu@backstopsolutions.com
Rachel Provenzano
Mission Control Marketing
(585) 748 2201
rachel@missioncontrol.marketing