|By Business Wire||
|March 18, 2014 09:04 AM EDT||
Rocaton Investment Advisors, LLC (Rocaton), a full-service investment advisory consulting firm based in Norwalk, Conn., and eVestment, a leading provider of institutional investment data analytics, today announced an agreement under which eVestment will offer a new data collection platform that will streamline the collection of account-specific data from investment managers for Rocaton’s use in its work with clients. This new reporting platform, developed by eVestment in close coordination with Rocaton, leverages eVestment’s existing web-based data collection infrastructure and will be available to investment managers in April 2014.
In commenting on the announcement, Roger Fenningdorf, Partner and Head of Manager Research at Rocaton, said, “Efficient data collection is fundamental to the timely monitoring and rigorous due diligence that is integral to our consultancy. We are always looking for ways to streamline our processes, which allows us to focus on the in-depth and insightful analysis clients value. Partnering with eVestment to create this enhanced process not only reflects and reinforces our commitment to investing in innovative technology for our clients, but also allows Rocaton to expand our ability to deliver the high-touch, high-quality service we are known for in the institutional consulting space.”
The facilitation of account-specific data collection is a natural extension of eVestment's technology platform and existing data collection outreach. The in-house data management team currently gathers data on more than 55,000 traditional and alternative investment vehicles from over 8,700 investment management firms.
“Working with Rocaton, eVestment has significantly streamlined a previously time-consuming process enabling investment managers reporting to Rocaton the ability to more quickly and efficiently provide key data with our proprietary tools and technology,” said eVestment Founder and COO Matt Crisp. “This agreement speaks to the trust the investment community places in eVestment’s ability to serve the industry with unique and powerful insights, analytics and solutions. We place high value on our consulting relationships and Rocaton has been a long-term client and supporter of eVestment, so to expand our relationship with such a well-respected and influential organization is truly rewarding for us.”
Rocaton offers independent investment consulting services to institutional investors including defined benefit and defined contribution plan sponsors, healthcare and insurance companies, endowments and foundations, financial intermediaries and private wealth clients from a single primary office in Norwalk, CT.
A 100% employee owned firm, Rocaton was founded in 2002 by a group of senior investment professionals to provide proactive and objective investment advisory services to a select group of institutional investors. Rocaton’s current clients had approximately $400 billion in assets as of December 31, 2013.
eVestment provides a flexible suite of easy-to-use, cloud-based solutions to help the institutional investing community identify and capitalize on global investment trends, better select and monitor investment managers and more successfully enable asset managers to market their funds worldwide. With the largest, most comprehensive global database of traditional and alternative strategies, delivered through leading-edge technology and backed by fantastic client service, eVestment helps its clients be more strategic, efficient and informed.