HedgeMark, a BNY Mellon company, has completed the implementation of Axioma Risk, a multi-class risk management platform that allows clients to support their risk reporting across diverse investment strategies.

 

“Existing risk management solutions rely on legacy systems and technology that cannot meet the demands of modern multi-asset class investing,” says Sebastian Ceria, CEO of portfolio management solutions provider Axioma.

 

“As our clients increasingly look for customization options for their hedge fund investments, it’s critical that we employ flexible technology that can accommodate the layer of complexity this adds to managing risk,” adds Andrew Lapkin, CEO of HedgeMark.

 

Converting to Axioma Risk allows HedgeMark to process reports substantially earlier in the morning and to compute more analytics on a broader array of assets. HedgeMark uses Axioma Risk on over 35,000 securities every night and 250,000 securities for month-end reporting. The platform is set up to calculate over 1,000 distinct statistics, including hundreds of scenarios and stress tests across five different global market simulation sets.

 

As managers look to differentiate in a commoditized environment, modern and flexible technology is becoming an increasingly important success factor. Clients can take advantage of Axioma Risk’s interactive workflows, on-the-fly analysis and flexible operating environment to improve turnaround time and better help clients identify sources of risk in their portfolios.

 

“Axioma Risk enables asset managers and risk managers alike to navigate the complex investment landscape by providing timely, consistent and comparable views of risk across the entire organization and asset classes,” says Ceria.