ING Investment Management (INGIM) is to install Milestone Group's performance and attribution analytics platform, pQuant IPA, at its Syndey office.
INGIM will use pQuant to support its Australian funds and to centralise performance analytics (P&A) reporting for 11 Asia Pacific countries.
Grant Bailey, chief executive, INGIM, says the system will enable the firm to reduce operational risk, increase transparency and significantly improve efficiency for P&A activities throughout Asia Pacific.
"PQuant will enable us to initiate new forms of analysis and will support enhanced Fixed Income Attribution," says Bailey.