NEW YORK--(BUSINESS WIRE)--Axioma Inc., a leading provider of decision support, risk analysis and portfolio rebalancing and analysis tools, today announced the launch of its enhanced Global and Regional Risk Models (v 2.1). The new models deliver a combination of enhanced performance, features and coverage that is unrivalled in the marketplace and include all of the advanced features and methodologies that differentiate the Axioma Robust Risk Model™ suite from other offerings.
Three major enhancements, driven by client discussions and feedback, highlight the new models: expanded history, the introduction of short-horizon model variants, and the addition of 17 new frontier markets.
- Axioma’s global and regional models now extend back to 1997 to include over 14 years of history. The additional history enables longer back-tests and expands coverage to the periods spanning the Asian debt crisis and the introduction of the Euro. Axioma has extended the daily history of the US models to 1982.
- Axioma has added short-horizon model variants for all of its risk models. The new variants enable users to better calibrate risk estimates to shorter investment decision horizons.
- With global index vendors and ETF providers focusing on an ever-expanding universe of frontier markets, Axioma has added coverage of 17 new frontier markets. The new markets expand Axioma’s coverage of the Emerging Market universe from 43 to 60 countries and include over 1,000 new assets.
“Collaborative client relationships are enormously important to our ability to create tools that satisfy the demands of the market,” said Ron Perez, Vice President Product Management and Strategy. “Axioma’s daily risk models have more history and greater granularity than any other risk models on the market. And no one else offers short-horizon variants for all of their regional and single country models, as Axioma does.”
Added Perez: “Asset owners continue to expand their mandates to include frontier markets, so the addition of the new country and currency factors means that clients are better equipped to support their global requirements.”
Other enhancements delivered in v 2.1 of Axioma’s regional risk models include: an extended growth factor definition; further refinements to Axioma’s Robust Regression Routine; a revised Exchange Rate Sensitivity Factor; and new flat file formats.
Axioma’s regional risk models provide coverage of Asia Pacific, Asia Pacific ex-Japan, Emerging Markets, Europe, North America, Worldwide and Worldwide ex-US.
About Axioma:
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 Topher Wurts at 212.991.4506, or visit the company’s website at www.axioma.com.
Axioma Robust Risk Model is a trademark of Axioma, Inc.