Press Release: December 17, 2020
New York, December 17, 2020, | Portfolio BI, a leading provider of front-to-back solutions for order management, portfolio management, data management, and reporting for the buy-side, today announced that it made a shift in its annual holiday gifting program. Instead of traditional holiday gifts, it is making charitable contributions on behalf of its clients.
According to the Association of Fundraising Professionals' (AFP) Coronavirus Response Survey, more than half of charitable organizations in the United States expect to raise less money in 2020 than they did in 2019 equal percentage believe the same will occur in 2021.
"We have always been a community-focused organization but felt that the opportunity during the holidays to give back in the current climate was more important than ever," said Jeremey, CEO of Portfolio BI. "Portfolio BI is always grateful for the support and trust of our clients, partners, and friends have in us. To show our thanks and in the spirit of the holiday season, Portfolio BI has begun what we expect to be an annual tradition of contributing to several charitable organizations. This season Portfolio BI has donated to Feeding America, RBaby Foundation, and The Robin Hood Foundation."
As the critical year-end giving season approaches, Portfolio BI invites you to consider making donations to the same or similar organizations.
About Portfolio BI
Portfolio BI (PBI) empowers the most sophisticated buy-side ﬁrms to take control of their portfolio and trading data. Born from the merger of LUX FTS and NorthPoint, and backed by Credit Suisse Asset Management's NEXT Investors, our clients benefit from our integrated platforms, local technological expertise, and seasoned financial experts.
We help the buy-side access, organize, and analyze their data; we help firms act on it. With the most configurable solutions on the market, our platforms can be specifically tailored to unique business needs. 150 top-tier hedge funds, asset managers, family offices, funds of funds, and institutional investors have trusted PBI's technology for over 25 years. www.portfoliobi.com
About Robin Hood
Founded in 1988, Robin Hood finds, fuels, and creates the most impactful and scalable solutions lifting families out of poverty in New York City, with models that can work across the country. This year, Robin Hood will invest nearly $200 million to provide COVID relief, legal services, housing, meals, workforce development training, education programs and more to families in poverty in New York City. Robin Hood tracks every program with rigorous metrics, and since Robin Hood's Board of Directors covers all overhead, 100 percent of every donation goes directly to the poverty fight. Learn more at robinhood.org.
About Feeding America
Feeding America® is the largest hunger-relief organization in the United States. Through a network of 200 food banks and 60,000 food pantries and meal programs, we provide meals to more than 40 million people each year. Feeding America also supports programs that prevent food waste and improve food security among the people we serve; educates the public about the problem of hunger; and advocates for legislation that protects people from going hungry. Visit www.feedingamerica.org, find us on Facebook or follow us on Twitter.
About R Baby Foundation
R Baby Foundation® is the first and only charitable foundation uniquely focused on saving babies' and children's lives through improving pediatric emergency care. R Baby has raised more than $10M to fund grants for life-saving pediatric training, education, research and equipment for doctors nationwide, impacting the care of more than one million children each year. Visit www.rbabyfoundation.org.