EDS to Power Canopy Investors’ Research Management and Portfolio Construction Processes
July 25 2024 - 8:00AM
Business Wire
Growing demand from fund startups to adopt a
scalable, advanced workflow and analytics platform
Equity Data Science, Inc. (“EDS”), an investment process
management (IPM) software provider that delivers decision-support
and productivity tools to hedge funds and asset managers, announced
today that Canopy Investors, a boutique global small and mid-cap
equities manager, has deployed EDS for its Research Management
System (RMS) and Portfolio Construction solutions.
The EDS platform offers users more control over their data,
surfacing actionable insights to execute their investment vision
more efficiently for optimal decision-making. It features
configurable workflows and analytics to utilize across the entire
investment process, or gradually build up to it with its
scalability, according to the clients’ needs. The combination of
research management and portfolio construction solutions brings an
integrated, dynamic approach to data management, position sizing
and conviction measurement. Clients of EDS range from leading,
high-profile hedge fund startups seeking a turnkey platform with
less vendors to manage, to large multi-billion-dollar asset
managers and pension funds requiring a single source of truth from
varying quantitative and qualitative data sources.
“EDS really understands our needs and has been great to
collaborate with,” said Michael Poulsen, Co-Founder and Portfolio
Manager of Canopy Investors. “We are thrilled to be able to
leverage their advanced capabilities to automate our investment
process, allowing us to support our critical processes, make better
investment decisions off the bat, and scale, as we grow.”
Greg McCall, President and Co-founder at EDS, said: “We are
committed to offering flexible, configurable and buildable workflow
and analytics solutions for investment teams to create a balanced,
best ideas portfolio. The EDS platform is an ideal solution for
Canopy Investors and we are excited to have been chosen to support
their fundamental, technology-enabled and collaborative investment
approach.”
About Canopy Investors
Canopy Investors is a boutique global small and mid-cap equities
manager investing in high quality companies trading at attractive
prices. With its fundamental, technology-enabled, and collaborative
investment approach, Canopy aims to grow and shelter investors’
wealth over the long term. Canopy was founded by Kris Webster and
Michael Poulsen, who partnered with Bennelong Funds Management in
2024. The team has more than 40 years of collective experience
investing in listed global equities and has worked together for
more than a decade. Together the team manages the Canopy Global
SMID Fund, which invests in a concentrated portfolio of high
quality small and mid-cap companies across a range of sectors and
global markets.
About Equity Data Science
Equity Data Science (EDS) is an investment process management
(IPM) solutions provider that empowers many of the world's leading
hedge funds and asset managers through greater insights and
productivity for decision-making. Trusted since 2012, it harnesses
proprietary and third-party data and research on a modern platform
configured to the unique investment visions of clients. The EDS
platform supports idea generation, research management, portfolio
construction and analytics, risk management, performance
attribution and ESG.
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version on businesswire.com: https://www.businesswire.com/news/home/20240725182086/en/
Media Theresa Elamparo, Equity Data
Science Phone: +1.908.510.0412 Email: theresa@equitydatascience.com
https://www.equitydatascience.com