Defaqto has launched a new analysis and research tool designed specifically for asset managers.
The new tool, Engage Insights, gives distribution teams, product teams and investment managers access to a wealth of data, providing comprehensive intelligence of the whole market in one place.
Defaqto said it will enable performance analysis against peer groups and provide detailed cost data that will inform smarter commercial decisions.
Engage Insights has been built on the same platform as Defaqto Engage.
John Milliken, CEO of Defaqto, said: “We wanted to design a tool that empowers asset managers to analyse funds, fund ranges, discretionary propositions and MPS portfolios at the most detailed level. The deep insight provided by the platform will enable users to have the most effective and strategic distribution in the UK retail market.”
Using the tool, asset managers will have visibility of how their proposition is showcased in Engage and see how the key differentiators between propositions are selected by advisers.
Milliken added: “There has been a lack of detailed portfolio and management data in the UK MPS market so we are also featuring our industry leading MPS Comparator series within Engage Insights, alongside trend analysis, MIFID disclosure cost data and Defaqto ratings and reviews.”
With the solution, asset managers will have elevated market Intel, enhanced competitive positioning, improve proposition understanding and data to improve regulatory requirements, the firm said.
