Axioma, Inc., today announced a new agreement with FactSet Research Systems (NYSE:FDS | NASDAQ: FDS), a leading provider of global data and analytics to the financial services industry. Under the agreement, FactSet will offer access to Axioma's Robust Risk Model™ suite and Axioma Portfolio™--Axioma’s industry-leading portfolio construction software.
Axioma’s robust equity risk models and analytics are available via FactSet now. Axioma Portfolio will be integrated into the FactSet platform in the second quarter of 2010, providing investment professionals with access to the full range of Axioma’s innovative portfolio-construction and risk-management tools.
“Axioma’s innovations in the equity risk model space have generated significant demand in the global investment management community,” said Jonathan Underhill, Vice President of Global Sales and Client Services for Axioma. “Integration of our models over the FactSet platform will further satisfy the industry’s requirement for flexible and innovative risk management tools.”
“FactSet is pleased to add Axioma’s risk models to our portfolio analytics suite,” said Rick Barrett, FactSet’s Director of Quantitative Sales. “As Axioma’s risk models have gained traction in the marketplace, we’ve heard from more and more of our clients looking to combine Axioma’s unique approach to modeling risk with FactSet’s powerful analytics. The combined solution offers comprehensive risk management capabilities backed by FactSet’s industry-leading support.”
Plan sponsors, portfolio and risk managers, and other investment professionals may now decompose and analyze the risk of their investments and perform risk-adjusted performance attribution using the powerful combination of FactSet’s analytical application and Axioma’s suite of robust equity risk models. The suite includes both fundamental and statistical factor models, with all of the risk-model components updated on a daily basis.
Axioma, Inc. develops and markets innovative risk analysis, portfolio rebalancing and performance attribution products for the financial services industry. Founded in 1998 and headquartered in New York with additional offices in Atlanta, San Francisco, London, Hong Kong, and Singapore, Axioma helps leading financial firms manage risk, increase returns and improve operational efficiency. For more information about Axioma, please contact Ellen Kiernan at 212.991.4503, or visit the company’s website at
FactSet (NYSE:FDS | NASDAQ: FDS) combines integrated financial information, analytical applications, and client service to enhance the workflow and productivity of the global investment community. The company, headquartered in Norwalk, Connecticut, was formed in 1978 and now conducts operations along with its affiliates from more than twenty-three locations worldwide, including Boston, New York, Chicago, San Mateo, London, Amsterdam, Frankfurt, Paris, Milan, Tokyo, Hong Kong, Mumbai, and Sydney. For more information about FactSet, contact 203.810.1000 or visit
Axioma Robust Risk Models and Axioma Portfolio are trademarks of Axioma, Inc.