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Performance and attribution: a buyer's guide
What we list in this category, where each entry came from, and the questions worth pressing on before you commit.
Every entry below was recorded from a page we opened, and each carries the source we read. Where we could not establish something it is left blank rather than guessed. Read how this site works if you want the detail.
What we list
Every product we hold in this category, in one list. A supplier that has run in production for twenty years and one that launched last year appear together and carry the same fields, because that is the comparison a buyer has to make. Each entry's founding year and owner are on its company page where the company states them, and both bear on continuity: long service is evidence a supplier will still be there, and a young supplier may offer capability and pricing the incumbents do not while carrying fewer references at your size.
- AMINDIS Performance Attribution — Attribution engine supporting Brinson, Brinson-Fachler, Muriera-Sierra and Campisi models plus ESG and carbon attribution, with an integrated GIPS composite module. source
- Addepar — Multi-asset portfolio management, aggregation and reporting platform used by family offices, wealth managers and institutional allocators. source
- Aladdin — Enterprise risk, portfolio management and trading platform used across asset managers, pensions and insurers. source
- Arcana — Portfolio intelligence for hedge funds combining a core factor model, thematic and intraday live risk, crowding and concentration analysis. source
- Axioma Portfolio Analytics — Axioma portfolio construction, risk and attribution tools run inside the SimCorp One platform alongside SimCorp Dimension. source
- Axioma Risk — Cloud-native, API-first multi-asset portfolio risk system giving one consistent view of risk across a firm. source
- BarraOne — Multi-asset factor risk and return attribution across public and private assets, built on the Barra models. source
- Bloomberg PORT — Portfolio and risk analytics function on the Bloomberg Terminal, widely used for return attribution against benchmarks. source
- Capital Call, PCAP and IRR Automation — Automates capital call and distribution notices, partner capital account reporting, IRR and TVPI, and European and American waterfall models; operated by Round Square Pte Ltd. source
- Clearwater Investment Accounting Platform — Daily multi-basis, multi-currency accounting book of record producing GAAP, STAT, IFRS and tax bases at once, with NAV and stakeholder reporting. source
- Clearwater Risk & Performance — Cloud performance and risk analytics delivered as a managed service on top of Clearwater's investment accounting book of record; Enfusion is now sold as Enfusion by Clearwater. source
- CloudAttribution — Independent cloud-delivered performance attribution for fixed income, multi-asset and equity portfolios; also has a Chicago office. source
- Cobalt — Private markets research, diligence, portfolio construction and monitoring platform; Hamilton Lane's own site lists Cobalt LP and iLevel as client portal options. source
- Eagle Performance — Performance measurement engine within the former Eagle Investment Systems suite, now marketed as BNY Eagle data and analytics solutions. source
- Essentia — Behavioral decision analytics for active portfolio managers, positioned as a complement to classical Brinson attribution by attributing return to manager decisions. source
- FT Wilshire Index Series — US and global equity benchmarks including the FT Wilshire 5000, style, factor, real estate, infrastructure and digital asset indexes, with a W+ Analytics tool for index customization and attribution. source
- FactSet — Integrated workstation for real-time news, quotes, company analysis and portfolio analysis, formed in 2009 by merging the earlier DIRECTIONS, Marquee and IBCentral platforms. source
- FactSet B-One (Performance, Attribution and Composites Management) — Enterprise performance measurement, attribution and GIPS composite management; also listed as a vendor in the official GIPS Standards service provider directory. source
- FactSet Portfolio Analytics — Combines risk analysis, exposure monitoring, scenario analysis and more than ten attribution models in one platform. source
- Factor Risk Lens — Factor risk decomposition for portfolio managers and traders, launched alongside Factor Analytics for CIOs and risk leaders. source
- First Rate — Performance measurement, attribution, GIPS composites and client reporting for banks and wealth managers; the site names sub-brands First Rate Ventures, Vantage and Finantech but not a single product name for the core performance engine. source
- Fund Analytics — Launched 17 June 2026 for investors in private funds; it extracts and validates data from GP reports first, then runs performance measurement, peer benchmarking against a shared Fund Master dataset, look-through portfolio monitoring and liquidity forecasting on it. source
- Gyre Hub — Portfolio analytics platform covering portfolio management and construction, back testing, performance, risk, compliance, reconciliation, portfolio accounting, ESG and tax. source
- Investment Metrics — Portfolio analytics, reporting and peer data for institutional investors and advisors. source
- Investment Operations Outsourcing — Full middle-office platform covering trade support, investment accounting, performance and risk, client reporting and billing. source
- Kiski Platform — Risk decomposition, scenario analysis and stress testing aimed at independent managers, allocators and family offices. source
- Limina IMS — Cloud-native investment management system whose order management sits alongside portfolio management, compliance and operations; Arcesium announced the acquisition on 2 February 2026. source
- MAC3 Multi-Asset Risk Models — Cross-asset factor risk model with over 3,000 factors, extended in 2026 to private equity, private credit, real estate and hedge funds. source
- MPI Stylus (Stylus Pro and Stylus Web) — Returns-based style analysis and performance attribution used by allocators, consultants and fund selectors; also offices in London and Tokyo. source
- Morningstar Direct — Software platform giving professional investment managers data and analytics to build products and portfolios. source
- ODIN Platform and VICAP — Performance, attribution and multi-currency GIPS composite management, sold both as the enterprise ODIN platform and the subscription SAYS platform. source
- Omega Point — Factor, theme, macro and crowding analysis layered over third-party risk models from MSCI, FactSet and S&P Global. source
- PARis — Portfolio analytics and reporting system used by institutional investors and investment consultants, listed alongside Revolution and Style Analytics. source
- Performance Measurement and Attribution (PEARL) — Performance measurement and attribution is one of Ortec Finance's named solution lines, used heavily by pension funds and asset owners. source
- Performativ — Cloud-native wealth and asset management operating system that includes performance and attribution analysis; raised a $14m Series A led by Deutsche Boerse Group in 2026. source
- Revolution (including Revolution Composites) — Multi-asset performance, attribution and risk analytics plus GIPS composite construction; this is the former StatPro Revolution product, acquired by Confluence in 2019. source
- Ridgeline — Cloud platform with order management, electronic trading, compliance, accounting and client reporting in one system; recently rebranded from ridgelineapps.com to ridgeline.ai. source
- SEI Novus (Novus Platform) — Attribution using Brinson and alpha/beta return decomposition against thousands of benchmarks, aimed at hedge funds and allocators; Novus was acquired by SEI in November 2021. source
- SS&C Geneva — Institutional multi-asset investment accounting platform that comparison sites position as an alternative for partnership accounting and allocation work. source
- SS&C Sylvan — Performance measurement and attribution system with over 20 attribution methods, TWRR/IRR calculation and GIPS composite monitoring. source
- Sesame One — Multi-asset portfolio management, analytics and automated reporting for family offices, private banks and asset managers, fed by 500+ custodian connections. source
- SimCorp One — Front-to-back investment management platform used by large institutional managers, insurers and pensions. source
- Solovis — Multi-asset analytics for allocators with bottom-up multi-factor risk exposures, historical scenario analysis and stress testing. source
- Style Analytics — Holdings-based factor exposure and style analysis used by managers, asset owners and investment consultants. source
- Unity Financial Reporting — Institutional, retail fund and portfolio reporting plus visual marketing documents, sold alongside Unity Performance, Revolution and Style Analytics. source
- Vidrio Platform — Technology-enabled service for allocators covering data aggregation and exposure analytics across hedge funds and private capital; the About page confirms the company but not the attribution module specifically. source
What to ask
These come from the same question bank our request-for-proposal process uses, so a guide and an RFP never drift apart. The four sections below carry the most weight in that bank.
Functional fit
Whether the system does the job for YOUR instruments, markets and volumes — not for the demonstration portfolio. The questions separate what runs in production today from what is on the roadmap, because that distinction disappears in a sales meeting and reappears during implementation. It also asks what still has to be typed in by hand, which every system has and few volunteer.
- Which asset classes does the product support in production today?
- Is there a full audit trail of who changed what and when, and can it be exported?
- Does the system enforce segregation of duties between front and back office?
- Is maker-checker approval supported on material actions, and is it configurable by action type?
- Can a valuation be sourced and approved independently of the people who trade?
Security and resilience
Whether the vendor's security is independently attested or merely asserted. The questions ask for certifications you can read, penetration tests you can see the summary of, and recovery objectives that are written down. Incident history is asked directly, because a vendor that has handled a breach well is often a safer choice than one that has never been tested.
- Which independent attestations do you hold currently?
- Will you provide the most recent report under a non-disclosure agreement?
- Is data encrypted in transit and at rest?
- Is single sign-on supported, and is multi-factor authentication enforced?
- Can your own staff see our data, and is that access logged and reviewable by us?
Compliance and regulatory
Whether the system stands up to your regulator and your auditor. Covers the reporting regimes the product supports directly, whether it can evidence who saw or changed a record, how long records are retained, and where in the world your data physically sits — which is a hard constraint for many firms rather than a preference.
- Can the system evidence to an auditor who saw or changed a given record, and when?
- In which jurisdictions is our data stored and processed?
- Are there any pending criminal matters or debarment proceedings involving the firm, its officers or its managers?
- Which regulatory reporting regimes does the product support directly?
- When a regime changes, is the update included in the licence or charged separately?
Clients and references
Whether they have done this for a firm like yours, and whether those firms stayed. Vendors present client counts and logos readily; they present ATTRITION reluctantly, which is why this section asks for clients lost and migrations completed as separate questions from clients won. Size fit decides more failed implementations than feature lists do, so it is asked directly.
- How many client firms use this product in production today?
- How many of those are of a similar type to our firm?
- How many are within our assets-under-management band?
- How many clients did you LOSE in each of the last three years?
- How many implementations begun in the last three years were abandoned before go-live?
You can send all 167 of these questions to the vendors you choose, and get every answer back side by side. Run an RFP — it is free to you and free to them.
See all 46 products in Performance and attribution · Glossary