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Axioma and FactSet Deliver Market Risk Solutions for Mirova and Natixis Asset Management
May 30, 2017
Axioma, a leading provider of enterprise market risk and portfolio management solutions, and FactSet, a global provider of integrated financial information, analytical applications, and industry-leading service, have entered into an agreement with Mirova, the second-largest European manager of open-ended SRI funds and Natixis Asset Management, a leading Europe-based asset manager. These two leading asset managers are Natixis Global Asset Management affiliates, itself one of the largest asset managers in the world with more than US$ 877.1 billion under management.
Axioma’s risk solutions will be implemented on Mirova’s SRI equity expertise and Natixis Asset Management’s smart beta, European equities and emerging market equities portfolios, representing over than € 40 billion in assets under management.
Commenting on the win, Nicolas Rossignol, MD Axioma for Southern Europe said: “We are delighted to be selected by these two Natixis Global Asset Management affiliates to deliver an integrated risk solution in collaboration with FactSet. As asset managers look to replace their legacy risk systems, they are increasingly focused on fully customizable solutions, which integrate with various analytics and performance solutions.” Rossignol continued, “If the main driver for the first generation of risk management tools was regulatory compliance, the second wave is being driven by the need to reduce costs and improve operational efficiency.”
Alexandra You-Cappello, Vice President Sales, FactSet, explained: “In a complex and continuously evolving regulatory environment, clients need a fully integrated enterprise risk solution that is rich in content and analytics. Together, FactSet and Axioma offer Natixis a comprehensive, flexible solution across its workflows."
Emmanuel Bourdeix, Co-CIO at Natixis Asset Management and Hervé Guez, Head of Responsible research at Mirova, said: “The combination of Axioma’s risk solutions and FactSet’s information and ratings delivers to Natixis Asset Management and Mirova a winning solution, and significantly streamlines the integration of our risk management, performance and analytics tools across a variety of equity strategies. In addition, it reduces costs and further enhances our focus on generating long-term returns for our clients.”
Since 2010, Axioma and FactSet have collaborated in the US, and have since expanded their partnership to Europe.
Axioma is a leading provider of enterprise risk management, portfolio construction, and risk and regulatory reporting solutions that offer incomparable insights into the constantly evolving state of risk. Financial institutions worldwide rely on Axioma’s sophisticated suite of tools and flexible open platform technology to unify the view of risk across front, middle and back office functions, helping to drive efficiency and bring transparency to performance. Axioma has received numerous accolades for its innovative technology, which serves as the centerpiece of its clients’ risk management strategy. In 2016, its enterprise risk management solution, Axioma Risk, was named Best Buy-Side Risk/Portfolio Analytics Product at the Buy-Side Technology Awards and the Best Innovative Solution at the L’Agefi AMtech Day Awards. Axioma was also included on the Chartis RiskTech100® 2017, a ranking of the world’s most significant risk and compliance technology companies. Axioma is headquartered in New York, with offices throughout Europe and Asia-Pacific. The Axioma logos and product brands are trademarks/service marks of Axioma, Inc. For more information please visit www.axioma.com. Follow us on Twitter and LinkedIn.
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