Venn by Two Sigma Teams up With Coin Metrics to Provide Institutional-Grade Digital Asset Data
New York – September 20, 2022 - Venn, Two Sigma's portfolio analytics platform, today announced a strategic alliance with Coin Metrics, a leading institutional crypto financial intelligence provider, to provide platform users with digital asset returns data.
“The digital assets landscape is evolving rapidly. Investors are lacking 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 trusted data and powerful portfolio insights that sets a new bar for digital asset analytics across the industry.”
"As a leading multi-asset portfolio analytics and investment platform, Venn understands the critical need for institutional-quality crypto reference rate data that asset owners, managers, and advisers can truly trust," said Tim Rice, co-founder and CEO of Coin Metrics. "Coin Metrics' independent and transparent crypto asset prices will power 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're proud to bolster Venn's investment platform as part of our joint efforts to support a new wave of institutional crypto investors."
Calculated in U.S. Dollars and Euros for over 475 assets, Coin Metrics’ reference rate data will provide Venn users with reliable digital asset returns data that they can use to help create powerful, factor-based workflows. Coin Metrics’ reference rates are derived from a multitude of high-quality constituent markets. Coin Metrics makes the calculation methodology used to determine the rates transparent to all participants on their website.
The integration of Coin Metrics data into the Venn platform is one element of a broader strategy to support institutional allocators seeking to contextualize crypto in a multi-asset portfolio. In August, Venn announced a collaboration with Coinbase Institutional to help educate institutional investors on the digital asset space through a series of informational resources.
To learn more about digital asset data now available on Venn, contact vennsales@twosigma.com 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 analytics experience for institutional investors, helping them embrace a quantitative approach to multi-asset portfolio risk and investment decision making. The tools available in Venn help investors perform factor-based risk analysis to inform manager due diligence, investment evaluation, and portfolio construction.
Two Sigma Investor Solutions, LP operates Venn – see here for important disclaimers and disclosures. Venn is for institutional investors only. Please see www.venn.twosigma.com for additional information.
About Two Sigma
Two Sigma is a financial sciences company that combines advanced technology and data science with rigorous human inquiry to solve the toughest challenges in finance. Two Sigma aims to generate alpha for its clients and deliver differentiated solutions in investment management, securities, private equity, real estate, impact investing, venture capital, portfolio analytics, and insurance. Founded in 2001 by David Siegel and John Overdeck, Two Sigma employs over 2,000 curious minds, and is headquartered in New York with offices around the globe. For more information visit www.twosigma.com.
This article is not an endorsement by Two Sigma Investor Solutions, LP or any of its affiliates (collectively, “Two Sigma”) of the topics discussed. The views expressed above reflect those of the authors and are not necessarily the views of Two Sigma. This article (i) is only for informational and educational purposes, (ii) is not intended to provide, and should not be relied upon, for investment, accounting, legal or tax advice, and (iii) is not a recommendation as to any portfolio, allocation, strategy or investment. This article is not an offer to sell or the solicitation of an offer to buy any securities or other instruments. This article is current as of the date of issuance (or any earlier date as referenced herein) and is subject to change without notice. The analytics or other services available on Venn change frequently and the content of this article should be expected to become outdated and less accurate over time. Any statements regarding planned or future development efforts for our existing or new products or services are not intended to be a promise or guarantee of future availability of products, services, or features. Such statements merely reflect our current plans. They are not intended to indicate when or how particular features will be offered or at what price. These planned or future development efforts may change without notice. Two Sigma has no obligation to update the article nor does Two Sigma make any express or implied warranties or representations as to its completeness or accuracy. This material uses some trademarks owned by entities other than Two Sigma purely for identification and comment as fair nominative use. That use does not imply any association with or endorsement of the other company by Two Sigma, or vice versa. See the end of the document for other important disclaimers and disclosures. Click here for other important disclaimers and disclosures.
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