Axioma Risk™, Axioma’s multi-asset class risk management system, was named the Most Innovative Third-Party Technology at the 2016 American Financial Technology Awards (AFTAs).
“The financial services industry needs to develop innovative solutions that improve business performance,” said Ian Webster, chief operating officer at Axioma. “To Axioma, ‘innovation’ is not a buzzword but a core value that enables us to help our customers drive investment performance. We look forward to delivering a steady stream of enhancements in the coming year.”
Axioma Risk, a unifying enterprise-wide risk management solution, empowers firms to pursue proprietary strategies that yield better investment performance, while also managing the demands of investors and regulators for more transparent risk management and risk reporting. Since launching in 2013, Axioma Risk has been implemented by leading financial firms globally, including BNY Mellon’s HedgeMark, Skandinaviska Enskilda Banken AB (SEB) and Sycomore Asset Management.
The category Most Innovative Third-Party Technology Vendor was awarded to Axioma as the technology provider that best illustrated the extent to which it has embraced innovative development techniques and operating models to deliver valuable projects and services to its capital markets clients.
The AFTAs, now in their 12th year, are hosted by Waters magazine and recognize excellence in the deployment and management of financial technology within the asset management and investment banking communities.