Axioma today announced its entry into the multi-asset class risk space with the introduction of Axioma Risk, a next-generation risk-management platform for risk officers, portfolio managers, asset owners and consultants.
Sebastian Ceria, PhD, Axioma’s founder and Chief Executive Officer, said: “This is a watershed initiative for Axioma. We built this company on a foundation of innovation and superior customer service. We leveraged these attributes to create and deliver portfolio-construction tools and risk models that set new industry standards for performance and flexibility in the equities space. We are now leveraging those same attributes to support Axioma’s ambitious expansion into the multi-asset class risk space.”
Axioma Risk, the company’s initial offering in the multi-asset class risk space, is a unified risk-management platform for middle-to-front office users. Axioma Risk meets the rigorous demands of portfolio managers, risk officers, asset owners and consultants by delivering unparalleled risk reporting, risk analysis and decision support for multi-asset class portfolios.
“What we are witnessing today is an increasingly complex risk environment where multi-asset class investing is proliferating,” said Ian Webster, Axioma’s Managing Director Europe. “Axioma Risk’s state-of-the-art toolset, built with the latest technology, gives clients the power and flexibility to address the most complex and diverse risk questions. As a unified platform, portfolio managers and risk officers can now speak the same language when it comes to risk.”
Axioma Risk is fully customizable and designed specifically for decision support, enabling a full spectrum of users—from portfolio managers to consultants—to tailor risk reporting and analysis to their specific needs. Users may choose single or multi-step simulations, historical (empirical) simulations, Monte Carlo simulations or linear parametric models. The simulation-based analytics utilize Axioma’s Robust Factor Models, which are fully integrated into the platform. Multiple built-in options enable users to fine-tune their analyses and results, and to create stress tests to measure the impact of potential events. Front-office quality analytics utilize a leading pricing library, and the platform is fully integrated with market data, thus providing a turn-key solution for handling exchange-traded and illiquid securities.
“Axioma assembled a team of experienced professionals who built Axioma Risk from the ground up over a period of nearly three years,” added Ceria. “The research, expertise, technology and innovation that we have poured into Axioma Risk have resulted in platform that is unparalleled in the marketplace in terms of flexibility, features and performance.”
In addition, Axioma Risk’s innovative and highly scalable architecture utilizes cloud technology that allows Axioma Risk to perform complex and time-consuming calculations and analytics in parallel across a large grid of processors. This same architecture enables a deployment option that guarantees the confidentiality of client holdings and trading strategies by only sending single security requests to the “cloud” for computation. Portfolio weights never go beyond the client’s firewall.
To learn more about Axioma Risk, please contact Jon Brubaker at [email protected] or by calling 646-747-0156.
Axioma is the leading provider of innovative risk-management and portfolio-construction solutions to financial institutions worldwide. Axioma Portfolio Optimizer™, Axioma Performance Attribution™, Axioma Backtester™ and Axioma Portfolio Analytics™ help clients build better portfolios. Axioma Robust Risk Models™ enable clients to better understand and manage market risk. Axioma Risk Model Machine™ allows clients to build custom risk models tailored to their investment process. Indices created by Axioma and its partners—Russell Investments, NASDAQ, STOXX and CSI Indices—are used worldwide as benchmarks and to construct ETFs and other instruments. Founded in 1998, Axioma is headquartered in New York, with offices in Atlanta, Geneva, Hong Kong, London, San Francisco, Singapore and Sydney. For more information, please visit www.axioma.com.
Axioma Portfolio Optimizer, Axioma Performance Attribution, Axioma Backtester, Axioma Portfolio Analytics, Axioma Robust Risk Models and Axioma Risk Model Machine are trademarks of Axioma, Inc.