InvestorForce Inc. and eVestment Alliance, two web-based investment information providers for institutional consultants and investment managers, announced Monday that they are expanding their partnership formed in 2010 to include global data.
The data partnership of InvestorForce, based in Wayne, Pa., and eVestment, based in Atlanta, initially incorporated eVestment's U.S. manager data into InvestorForce's reporting platform. It has been expanded to include eVestment's manager data for Canada, the U.K., Europe, Japan, Asia-Pacific and Australia as well as emerging markets and other global regions.
The partnership provides consulting clients of both firms with seamless access to plan information and manager data needed to power investment reports that consultants provide to their institutional investor clients.
InvestorForce's consultant client base has grown more than 50% in the past 12 months, and four of the five largest global consultants now use its platform, according to the firms' news release. InvestorForce has over 3,000 plans representing more than $4 trillion of assets flowing through its platform.
