ClariFI Integrates Axioma's Robust Risk Model into ModelStation
January 8, 2007 - BOCA RATON, FL - ClariFI™, a leading provider of software and services focused on quantitative portfolio management and research announced today that the Axioma Robust Risk Model™ is now integrated into ClariFI's ModelStation™. 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 modules. Axioma, Inc. is a leading global provider of risk analysis and portfolio rebalancing 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™, the firm's risk analysis and portfolio rebalancing software, which is also integrated into ModelStation.
Gioel Molinari, ClariFI's President and CEO, 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."
Sebastián 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™ 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 of all sizes and proprietary trading 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 industry. Founded in 1998 and headquartered in New York, 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.
