Algorithmics and Axioma Form Risk Partnership
Algorithmics, an IBM company, and Axioma, a provider of multi-factor equity models, have partnered to benefit both firms’ buy-side clients. Algorithmics will offer data derived from Axioma’s multi-factor equity models as part of Algo Risk Service, Algorithmics’ hosted portfolio construction, risk management and reporting service.
The combined proposition brings together Algorithmics’ risk solutions and data derived from Axioma’s proprietary equity models.
Axioma Risk Models offer a range of regional and style-base models that are recalibrated daily, with re-estimations and production of factor exposures, covariance matrices, and asset specific risks. With Axioma data available through Algo Risk Service, Algorithmics’ clients can draw on reports from Axioma’s multi-factor equity models to improve their equity coverage and consistency between their front and middle office.