Axioma Releases PortfolioPrecision™ 2.0, with Improved Investment Management Workflow
NEW YORK, June 30, 2003 - Axioma, Inc., a leading software and consulting services firm serving the financial community, today announced the release of PortfolioPrecision™ 2.0, an enhanced version of its industry-leading decision support software for investment management.
PortfolioPrecision 2.0 features a new user interface and enhanced workflow that makes the portfolio construction and rebalancing process more efficient and intuitive. Improved data management features, plus new analysis and reporting functions, greatly enhance the flexibility of the system, already recognized among users for its power and flexibility.
With the completely revised interface, PortfolioPrecision 2.0 allows an investment manager to create and store logical groupings of investment goals and business rules (constraints) using familiar desktop folders. The enhanced workflow enables investment strategies to be saved after they have been created, so they can be applied at a later date or across multiple accounts. In addition, users can now easily toggle between multiple strategy, portfolio, and analysis screens, improving efficiency and reducing the time required to rebalance accounts.
"These new functions represent important advances in portfolio construction and rebalancing software. For several years, we have been providing the industry with the most powerful and flexible portfolio optimization tool on the market. With this latest release, we address head-on some of the workflow deficiencies in competing products. We sat down with investment managers, watched the way they worked, solicited their input and suggestions, then developed a completely new interface to ease the entire rebalancing process," Sebastián Ceria Ph.D., President and CEO of Axioma, said.
PortfolioPrecision 2.0 employs the same proven optimization technology found in Version 1.3, which has helped portfolio managers at major investment firms make better decisions, improve efficiencies and capitalize on opportunities for themselves and their clients. The new enhancements make their work easier and more intuitive than ever.
About Axioma
Axioma Inc. provides optimization-based decision-support software and consulting services. Since its launch in 1998, Axioma has helped Fortune 500 clients find optimal solutions to their complex business problems. The culmination of more than a decade of successful optimization research and development experience, Axioma's offerings blend cutting-edge optimization technology with expert consulting services to deliver results-driven client solutions for the financial services industry.
For more information about Axioma and decision-support solutions for the financial services industry, please call (800) 558-7983, or visit the company's Web site at www.axiomainc.com.
