NEW YORK, September 20, 2022 /PRNewswire/ — VennTwo Sigma’s portfolio analytics platform, today announced a strategic alliance with Parts Metricsa leading institutional provider of crypto financial intelligence, to provide platform users with data on digital asset returns.
“The digital asset landscape is changing rapidly. Investors lack the quality of data and workflows they need to assess participation in this asset class,” said Marco Della Torre, CEO of Venn. “We believe that joining forces with Coin Metrics will allow us to offer a combination of reliable data and powerful portfolio insights that sets a new bar for digital asset analytics in the industry.”
“As a leading multi-asset portfolio investment and analytics platform, Venn understands the critical need for institutional-grade crypto benchmark rate data that asset owners, managers, and advisors can truly trust,” said Tim Rice, co-founder and CEO of Coin Metrics. “Coin Metrics’ independent and transparent crypto asset prices will feed Venn’s factor models and scenario analysis as asset allocators add crypto to their portfolios and gain a better understanding of the relevant impact. We are proud to strengthen Venn’s investment platform as part of our joint efforts to support a new wave of institutional crypto investors.”
Calculated in US Dollars and Euros for over 475 assets, Coin Metrics Benchmark Rate Data will provide Venn users with reliable data on digital asset returns that they can use to build powerful workflows based on on factors. Coin Metrics benchmark rates are derived from a multitude of high-quality constituent markets. The calculation methodology used to determine the rates is transparent for all participants on their website.
Integrating Coin Metrics data into the Venn platform is one part of a broader strategy to support allocators looking to contextualize crypto in a multi-asset portfolio. In August, Venn announced a collaboration with Coinbase Institutional to help educate institutional investors about the digital asset space through a series of information resources.
To learn more about digital asset data now available on Venn, contact firstname.lastname@example.org to schedule a free demo.
About Venn by Two Sigma
Venn is Two Sigma’s portfolio analytics platform used by asset owners, asset managers and advisors. Venn applies Two Sigma’s expertise in research, data science and technology to modernize the analytical experience of institutional investors, helping them take a quantitative approach to multi-asset portfolio risk and decision making of investment. The tools available in Venn help investors perform factor-based risk analysis to inform manager due diligence, investment evaluation, and portfolio construction.
About Two Sigma
Two Sigma is a financial science company, combining rigorous investigation, data analysis and invention to solve the toughest challenges in investment management, insurance, securities, private equity and venture capital. Founded in 2001 by David Siegel and John OverdeckTwo Sigma employs more than 1,600 creative minds and has offices in New York, Houston, Portland, London, Tokyo, hong kong and Shanghai. For more information, visit www.twosigma.com.
About Room Measurements
Coin Metrics is the leading provider of crypto financial intelligence, offering network data, market data, indices and network risk solutions to the most prestigious institutions touching crypto-assets. The company was founded in 2017 as an open-source project to determine the economic importance of public blockchains. Today, we’re expanding on that original goal to empower people and institutions to make informed crypto financial decisions. Our goal is to bring the world’s leading financial institutions into crypto with the most reliable data and information. For more information, visit www.coinmetrics.io.
Alyssa Noud, Edelman Smithfield
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SOURCE Two Sigma