CHICAGO, June 16, 2020 /PRNewswire-PRWeb/ -- 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.
About Mercer
Mercer believes in building
brighter futures by redefining the world of work, reshaping
retirement and investment outcomes, and unlocking real health and
well-being. Mercer's more than
25,000 employees are based in 44 countries and the firm operates in
over 130 countries. Mercer is a
business of Marsh & McLennan (NYSE: MMC), the world's leading
professional services firm in the areas of risk, strategy and
people, with 76,000 colleagues and annual revenue of $17 billion. Through its market-leading
businesses including Marsh, Guy
Carpenter and Oliver Wyman,
Marsh & McLennan helps clients navigate an increasingly dynamic
and complex environment. For more information, visit
http://www.mercer.com. Follow Mercer on Twitter @Mercer.
SOURCE Backstop Solutions Group