Solovis Announces Strategic Agreement with Refinitiv Targeted to Institutional Asset Allocators

DALLAS, Dec. 4, 2018 /PRNewswire/ -- Solovis, a multi-asset class portfolio management, analytics and reporting platform for limited partners, asset owners, and allocators, today announced it has signed a strategic agreement with Refinitiv, formerly the Financial & Risk business of Thomson Reuters, to integrate and distribute financial data via the Solovis platform. This collaboration will enable Solovis to become a direct data provider to its clients – streamlining client workflows, accelerating data delivery and simplifying the user experience.

Solovis has quickly emerged as an innovator in fintech, with a unique focus on the large-scale institutional investment management needs of endowments, foundations, pensions, OCIOs and family offices. This partnership with Refinitiv is the latest move in its product expansion strategy.

The agreement with Refinitiv will enable Solovis to create its own security master, allowing direct distribution of financial data via the Solovis platform. Solovis clients will benefit from faster access to pricing information, benchmarks and fundamentals – which will provide added assurance that portfolio information is up to date and serve as a check on other service and data providers.

"This partnership with Solovis further reinforces the commitment that Refinitiv has to openness and driving connections with the global ecosystem," said Paul Metcalfe, Head of Go-to-Market Partners at Refinitiv. "As we see a future of driving intense innovation in financial markets, we are excited to work with partners like Solovis to the benefit of our customers."

"Refinitiv is a leader in the financial industry, and we are excited about the value our joint partnership will deliver," said Josh Smith, CEO and co-founder of Solovis. "Limited partners and asset allocators need access to vast amounts of data across all asset types on a daily basis. Our vision is to make data collection, aggregation, analysis and reporting as seamless as possible. The partnership with Refinitiv will enable us to become a direct data provider – giving our clients easier access to the financial data they need for analysis. Solovis is enabling our clients to make smarter, more strategic investment decisions with less hassle."

About Refinitiv

Refinitiv is one of the world's largest providers of financial markets data and infrastructure, serving over 40,000 institutions in over 190 countries. It provides leading data and insights, trading platforms, and open data and technology platforms that connect a thriving global financial markets community - driving performance in trading, investment, wealth management, regulatory compliance, market data management, enterprise risk and fighting financial crime.

About Solovis

Solovis is leading fintech innovation for institutional investors with a powerful Cloud platform for multi-asset class portfolio management, reporting and analytics – uniquely designed for the limited partner community. Endowments, foundations, pensions, OCIOs and family offices leverage Solovis to transform how they collect and aggregate investment data, analyze portfolio performance, model and predict future outcomes and share meaningful portfolio insights with key stakeholders. The Solovis institutional investment management technology platform enables detailed analysis and dynamic data modeling across multiple portfolios and pools of capital for actionable, transparent insights that empower investors from the front to back office. Visit www.solovis.com.

SOURCE Solovis

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