Axioma Launches axiomaBlueTM, a Cloud-Based Environment to Efficiently Create, Implement and Scale Unique Investment Strategies for Competitive Advantage
- Cloud , Infrastructure
- 11.10.2018 09:23 am
Axioma today announced the launch of axiomaBlueTM, an innovative cloud-based environment providing best-of-breed solutions and tools that enable investment managers to cost efficiently create, implement and scale unique investment strategies.
“The business of investment management has changed,” said Sebastian Ceria, CEO and founder of Axioma. “Competition is increasing and margins are shrinking. Cost-efficient discovery, differentiation and implementation are essential to achieving superior performance. axiomaBlue is a customizable ‘no-compromises’ environment enabling investment managers to efficiently construct and scale firm-specific investment strategies to enhance competitive advantage.”
A combination of three main features differentiates axiomaBlue from existing investment-management offerings.
First, axiomaBlue provides fully interoperable and integrated access to Axioma’s suite of award-winning best-of-breed solutions for multi-asset-class enterprise-wide risk management, portfolio construction and optimization, performance attribution, custom risk models, and analytics—solutions designed specifically to be adapted and tailored to a firm’s specific objectives.
“Solutions that can be customized to a firm’s own investment process are vital to the development of competitively superior strategies and products,” said Ceria. “Using the same off-the-shelf tools as the competition immediately puts a firm at a disadvantage.”
Second, axiomaBlue’s cloud-native, API-first architecture gives clients integrated access to both the environment and the cloud’s on-demand computing power, to scale and to handle heavy duty analytics and data. The cloud enables research teams to build, backtest and bring to market new products and strategies faster and at lower cost, while also providing an exit strategy for firms saddled with the burdensome costs of legacy systems and technology.
“Many systems touted as cloud-based are, in fact, merely cloud-hosted, meaning they are older systems and architectures that have simply been migrated to the cloud,” noted Ceria. “axiomaBlue’s cloud-native architecture—built and deployed more than five years ago—has been steadily tested, proven, developed and enhanced ever since.”
Third, axiomaBlue is an open environment, enabling the integration of complementary third-party best-of-breed solutions, such as trade-order management systems, IBOR, data and accounting systems.
“Our open environment will give clients the option of making axiomaBlue either an extension of their investment-management system, or, literally, the system itself,” said Ceria. “axiomaBlue is all about access to best-of-breed solutions, the flexibility to customize, the power and scalability of the cloud, and the cost efficiencies that are a direct result of all those things combined.”
axiomaBlue will initially be offered with Axioma’s API-first best-of-breed risk solution, including new business-intelligence and dashboard capabilities. The complete suite of Axioma’s portfolio and risk management solutions, plus portfolio optimization and multi-asset performance attribution, is now being added to the environment. Axioma will also embrace best-of-breed providers of third-party business-critical capabilities that will be seamlessly integrated into the axiomaBlue environment.
Founded in 1998, Axioma introduced its first product—Portfolio PrecisionTM—in 2002, an innovation that leveraged the latest technology to help investment managers improve performance. In 2006, Axioma turned its attention to risk models, with three key innovations: methodological transparency, the patented Axioma Alpha FactorTM, and fully updated daily risk estimates for both fundamental statistical factor models. Many initially dismissed daily risk models as overkill, until the onset of the Global Financial Crisis in 2007. In 2011, Axioma launched the revolutionary Risk Model MachineTM, which enabled clients to build customized risk models specifically tuned to their own investment processes, proven advantages that axiomaBlue continues to echo. In 2013, Axioma Risk was launched—by far Axioma’s most ambitious and complex to date. Axioma Risk broke new ground by providing a consistent view of multi-asset class risk across the front, middle and back offices, i.e., enterprise-wide consistency, including data.