NEW YORK, March 6, 2019 – Aite Group, an independent research and advisory firm, has named Axioma as a best-of-breed risk solutions provider in its report Buy-Side Risk AIM: Bastion of Best-of-Breed. The report surveyed eighteen leading buy-side risk vendors and assessed them in an Aite Impact Matrix (AIM) on the criteria of vendor stability, client strength, product features, and client services. Axioma scored highly across all categories to achieve best-in-class position among the solutions benchmarked in the AIM.
“As we assessed the current risk solutions landscape, Axioma stood out due to the cloud-native scalability of Axioma Risk, the speed of its modern technology architecture, and its evolving multi-asset class coverage,” said Audrey Blater, Senior Analyst, Aite Group and co-author of the report.
“Importantly, Axioma also achieved one of the highest scores for client service as a result of the firm’s high degree of support, timeliness and attention to client needs,” noted Paul Sinthunont, Analyst, Aite Group and report co-author.
“Looking ahead, Aite’s report identified the importance of a strong, flexible technology foundation in evaluating risk systems,” added Fabien Couderc, Chief Strategy Officer, Axioma. “With our axiomaBlue open environment, we are well positioned to deliver the interoperability, customization and data management capabilities that enable buy-side firms to better tailor their risk solutions to their unique workflows across front to back office use cases.”
Axioma Risk is a cloud-based, multi-asset class risk management system designed with an open, API-first architecture. The system allows clients to customize workflows, processes, and analytics to match their investment processes. With Axioma Risk, clients deploy tools which measure sensitivities, assess risk characteristics, stress test and build hedges at the portfolio, factor, classification, asset level or custom dimension. End users have the ability to interact with the system in pre-trade and post-trade scenarios through a browser and REST API web services, along with more traditional approaches for batch and risk backtesting purposes.
Figure 1: Aite Buy-Side Risk System AIM