ClariFI Integrates Axioma's Robust Risk Model into ModelStation.BOCA RATON Boca Raton (bō`kə rətōn`), city (1990 pop. 61,492), Palm Beach co., SE Fla., on the Atlantic; inc. 1925. Boca Raton is a popular resort and retirement community that experienced significant industrial development in the 1970s and 80s. , Fla. -- ClariFI([TM]), a leading provider of software and services focused on quantitative portfolio management and research announced today that the Axioma Robust Risk Model([TM]) is now integrated into ClariFI's ModelStation([TM]). The Axioma Robust Risk Model is provided as an option for clients to select in ModelStation's Strategy Simulation, Portfolio Optimization, and Risk and Performance Attribution at·tri·bu·tion n. 1. The act of attributing, especially the act of establishing a particular person as the creator of a work of art. 2. modules. Axioma, Inc. is a leading global provider of risk analysis and portfolio rebalancing Rebalancing The process of realigning the weightings of one's portfolio of assets. Notes: For example, if your portfolio's proportion of stock has grown too large for your intended assets weightings and risk tolerance, you might rebalance by selling some stock and putting tools to the financial community. Integrating the Axioma Robust Risk Model into ModelStation eliminates the need to manually move data between the two solutions, improving clients' portfolio construction efficiencies and enabling them to get alpha generating strategies into production sooner. The Robust Risk Model complements Axioma Portfolio([TM]), the firm's risk analysis and portfolio rebalancing software, which is also integrated into ModelStation. Gioel Molinari, ClariFI's President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , said, "ModelStation is an open solution that enables clients to build optimal workflows with whatever proprietary or third-party data and applications they choose. We are excited that our clients can now utilize both the Axioma Robust Risk Model and Axioma Portfolio solutions when building and testing their strategies within ModelStation." Sebastian Ceria, CEO of Axioma, said, "We are delighted to be expanding Axioma's already strong relationship with ClariFI. Our state-of-the-art optimization analytics have been part of ClariFI's ModelStation platform for over two years, we are very pleased to enhance our offerings with the addition of our Robust Risk Models, which are delivered and re-estimated daily." About ClariFI ClariFI([TM]) provides software and services focused exclusively on helping quantitative portfolio managers and researchers decrease the time it takes to research, test and put into production their alpha generating strategies, leading to reduced operational risk, decreased time-to-market and a significant competitive advantage. Headquartered in Boca Raton, FL, ClariFI counts four of the top five largest investment managers in the world, hedge funds hedge fund, in finance, a highly speculative, largely unregulated investment device. Originating in the 1950s, the funds "hedge" by offsetting "short" positions (borrowing a security and then selling it at a higher price before repaying the lender) against "long" of all sizes and proprietary trading Proprietary Trading When a firm trades for direct gain instead of commission dollars. Essentially, the firm has decided to profit from the market rather than commissions from processing trades. desks at leading brokerage firms and banks as its clients. Additional information about ClariFI can be found at http://www.clarifi.com About Axioma Axioma, Inc. develops and markets innovative risk analysis, portfolio rebalancing and performance attribution products for the financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. industry. Founded in 1998 and headquartered in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , Axioma enables leading financial institutions to increase returns, productivity and scalability by improving the efficiency and speed of their investment processes. For more information, please visit www.axiomainc.com. |
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