NAPERVILLE, Ill., April 3, 2006 (BUSINESS WIRE) -- The Quantitative Services Group, LLC (QSG), an independent provider of equity research and trading analytics, has formed a strategic partnership with Axioma, Inc., a leading global provider of risk analysis and portfolio rebalancing tools for the financial services industry, to create a new set of portfolio construction solutions for institutional investment managers. QSG and Axioma will work together to incorporate QSG’s proprietary trading cost forecasts into Axioma’s robust portfolio construction and optimization toolset.
“The combination of Axioma’s powerful analytical toolset with QSG’s proprietary pre-trade forecasts marks a significant step toward bridging the gap between idea generation and strategy implementation,” stated Tim Sargent, QSG’s President. “By leveraging our patent-pending post-trade analytics and tick-based market data, we have been able to create a robust, empirically based, forecast methodology that responds to the need for more accurate trading cost estimates.”
Dr. Sebastián Ceria, Chief Executive Officer of Axioma, added, “In today’s complex markets, implementation costs are critical inputs in the successful execution of an investment strategy. The combination of QSG’s impact forecasts and Axioma’s advanced technology will better equip investment managers to realize alpha while controlling implementation costs.”
As part of the alliance, QSG will leverage Axioma Portfolio, a suite of analytical tools that performs portfolio risk and exposure analysis and portfolio rebalancing, as part of QSG’s own proprietary equity research activities. The addition of Axioma’s powerful portfolio risk and exposure analytics, portfolio rebalancing and optimization tools to QSG’s internal research platform will speed the development of exciting new equity research innovations for clients.
About Quantitative Services Group, LLC
QSG is an independently owned consulting firm and a leading provider of sophisticated equity analytics. QSG’s products include T-cost Pro® trading analysis software, Factor Analyst® global equity research service and Virtual Research Analyst® equity analysis platform. The details of QSG’s client relationships are kept strictly confidential. QSG maintains an independent ownership structure to avoid conflicts of interest and limits access to many of its most desirable product offerings. For more information, visit http://www.qsg.com.
About Axioma, Inc.
Axioma, Inc. develops and markets innovative risk analysis, portfolio rebalancing and performance attribution products for the financial services industry. The company’s products—Axioma Portfolio, Axioma Robust Risk Models and Axioma Performance Attribution—help leading financial firms manage risk, increase returns and improve operational efficiency. Axioma is headquartered in New York, with offices in Atlanta and Singapore. For more information about Axioma, please visit the company's Web site at www.axiomainc.com.
