Goldman Sachs, in partnership with Coin Metrics and MSCI, will present a tool that allows investors to track the movements of the cryptocurrency market and quickly analyze the digital asset ecosystem.
The new system, called Datonomy, is a data service and will be available by subscription. According to the project participants, the taxonomy system will allow investors to divide digital assets into classes, sectors and sub-sectors in accordance with their preferences and properties of crypto assets.
“The ecosystem of digital assets has expanded significantly over the past couple of years. We’re trying to create a structure for it that our clients can use as they increasingly need to think about performance monitoring and risk management,” said Anne Marie Darling, Head of Client Strategy at Goldman Marquee Platform.
In addition, Datonomy will allow you to create a multi-factor consistent view of the market, conduct asset verification using various filters, and analyze the aggregate properties of these assets at the investment portfolio level.
According to Tim Rice, CEO of Coin Metrics, managers of large investment funds asked the project participants to create a “complete standardized system” in order to better understand the features of digital assets and their possible applications.
In July, the investment bank Goldman Sachs, together with the HQLAx platform, carried out the first largest securities lending operation using distributed ledger technology.
Source: Bits
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