JBI Metia has partnered with the business intelligence arm of The Economist Group, EIU, to launch a data insights platform aimed at wealth managers.

It said that the new product, MacroScore, will look to provide wealth managers with access to quality, actionable data insights, integrating JBI Metia’s artificial intelligence (AI) capabilities with EIU’s data-driven insights and macroeconomic analysis.

The product will allow investors and investment managers to leverage Economist Intelligence’s macroeconomic risk scores and analysis for better-informed decision making.

Furthermore, it will look to provide actionable insights into macroeconomic risks and enable optimisation of portfolio strategies, and support wealth managers and advisers to better communicate with their clients.

JBI Metia said that MacroScore “revolutionises” portfolio risk assessments by providing organisations with a simplified macro view through the integration of geopolitical and macroeconomic forecasts with financial and operational risk scores, alongside analysis and commentary.

The platform provides macroeconomic data from Economic Intelligence, which covers over 200 countries and six industries, combined with micro-level portfolio details to deliver portfolio-specific insights across public and private assets.

It also provides aggregated and distributed risk exposure when integrated with a wealth manager’s client portfolio data.

Macroscore looks to deliver these services by leveraging data from EIU through JBI Metia’s AI Suite platform, which combines AI capabilities with expertise in wealth and financial services data.

“In today’s fast-paced financial landscape, the ability to harness and utilise knowledge efficiently is crucial,” said JBI Metia chief executive, Steve Ellis.

“Traditional portfolio risk assessments need no longer overlook geopolitical and macroeconomic risk factors as the data can be seamlessly integrated into day-to-day reports.

“MacroScore ensures that wealth managers and private banks can leverage their proprietary data and insights to maintain a competitive edge, ensuring long-term success and sustainability.”

Economist Intelligence president and managing director, Leon Saunders Calvert, added: “Today, most investors focus on micro measures to manage portfolio risk. With MacroScore investors can now monitor their macro risk position with easy-to-understand analytics powered by EIU.

“By unifying macroeconomic data with micro-level portfolio details, the platform delivers actionable, portfolio-specific insights across both public and private assets.”

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