Aapryl Enhances Investment Analytics with Nasdaq eVestment Integration

In a significant advancement for investment analytics, Aapryl has announced a new data collaboration with Nasdaq eVestment™, enabling institutional investors to utilize cutting-edge analytical tools to assess manager products within their subscription base. This integration allows users to dive deeper into manager performance evaluations, a vital aspect for those navigating the complexities of financial investments.

The Challenge of Evaluating Manager Performance

As institutional investors increasingly seek robust analytics to evaluate investment managers, the volume of data available has grown tremendously. However, obtaining this data is only the first step; the real challenge lies in interpreting the data to glean insights on the consistent performance of managers. Aapryl's recent partnership with Nasdaq eVestment addresses this need. This collaboration not only brings Aapryl's proprietary analytics to the forefront but also allows for a unified approach to analyze the performance of investment managers using reliable resources that investors are already familiar with.

David Andrade, General Manager of Aapryl, elaborated on the new capabilities: "Institutional investors have trusted Nasdaq eVestment's data for years. By making that data available through Aapryl, mutual subscribers can move from performance reporting to skill reporting and see, clearly and quantifiably, what is driving manager performance." This marks a crucial shift towards evaluating performance based on the skills of the investment managers rather than market fluctuations or stylistic exposures.

Utilizing Enhanced Analytics for Better Insights

As Aapryl’s platform adopts the analytics methodologies utilized for their existing manager universe, the funds sourced from Nasdaq eVestment will be subjected to the same rigorous evaluations. These include style-adjusted benchmarks that can effectively capture style consistency, skill attribution that differentiates between mere tactical timing and genuine security selection, along with the innovative Aapryl Score and factor exposure analysis.

Furthermore, Daniel Brickhouse, VP and Head of Nasdaq eVestment, emphasized the importance of this partnership in today’s data-rich environment. He noted, "Institutional teams have more manager data than ever, and the harder question is what it tells them about how a manager is likely to perform going forward. Making Nasdaq eVestment data available within Aapryl gives mutual subscribers another way to interrogate that data, inside the research process they already run." This improved functionality allows investment teams to maintain their existing research processes while integrating advanced analytical methods to improve their evaluation of managers.

Immediate Access for Subscribers

The integration of Nasdaq eVestment data into Aapryl's platform is now available for firms that subscribe to both services. This allows for a streamlined approach where investment teams can leverage Aapryl's consistent analytical framework across the managers they are currently tracking without the need to overhaul their existing research methodologies. This integration comes at a time when Aapryl is celebrating the 30th anniversary of Xponance, the parent company that developed the platform based on its own successful internal manager selection methodology.

The collaboration aligns perfectly with Aapryl’s mission to give institutional investors the tools needed to differentiate between skill-driven and market-driven performance, thereby enhancing their portfolio construction strategies moving forward.

Aapryl and Nasdaq eVestment: A Partnership for the Future

As the relationship between Aapryl and Nasdaq eVestment matures, institutional investors can expect more sophisticated tools for investment manager evaluation. Aapryl’s commitment to evolving with the increasing complexity of investment data signifies that they are well-equipped to adapt to the changing landscape of asset management. For more information on Aapryl and its offerings, visit Aapryl's website and for insights into Nasdaq eVestment, check Nasdaq’s SDS page.

In summary, this collaboration opens up new avenues for institutional investors to make smarter, data-driven decisions, fostering a more informed investment climate. As Aapryl and Nasdaq eVestment continue to innovate, mutual subscribers will undoubtedly leverage these advancements to refine their investment strategies.