25 March 2017
Visit EBAday.com

KBC Asset Management goes with Axioma for equities risk processing

09 March 2017  |  1396 views  |  0 Source: Axioma

Axioma, a leading provider of enterprise market risk and portfolio management solutions, has entered into an agreement with KBC Asset Management (KBC), to provide Belgium’s largest investment manager with a risk management and portfolio optimization solution.

KBC, which has over €100 billion under management and accounts for over 30 percent of Belgium’s fund market, selected Axioma for the flexibility of its solution and the ability to fully and seamlessly integrate it into the firm’s portfolio management and order management systems.

Commenting on the win, Nicolas Rossignol, Managing Director for Benelux and France at Axioma, said: “We are thrilled to be working with KBC and expanding our relationships with Europe’s asset management community. As more active managers seek quantitative tools to improve their performance, firms such as KBC are increasingly turning to Axioma for the flexibility of our risk solution and our ability to provide a risk engine which integrates directly with both internal systems and processes. This flexibility further removes the need for asset managers to build and maintain a custom solution, therefore reducing operational costs.”

Joris De Moor, Head of Quantitative Equity Fund Management at KBC Asset Management, said: “Simplicity and flexibility supported by a robust risk solution are key to managing risk across our funds. We selected Axioma after a comprehensive vendor review as it offered the most suitable answer for our challenges and objectives. This will allow us to improve our investment processes, risk analysis and operational efficiency across all our quantitative equity strategies. Axioma’s data and risk model quality, state of the art portfolio optimization features, effective service model and reporting functionalities also drove our decision.”

KBC will use Axioma’s optimization, construction and risk estimation solutions for its equity portfolios. The roll-out will occur in parallel to the implementation of Simcorp Dimension, KBC’s portfolio management system, which is currently underway.

Comments: (0)

Comment on this story (membership required)

Related company news


Related blogs

Create a blog about this story (membership required)
Visit capgemini.comvisit abe-eba.eu

Top topics

Most viewed Most shared
French retailer Carrefour launches online bank accountFrench retailer Carrefour launches online...
57077 views comments | 15 tweets | 35 linkedin
Can banks really win in the payments business of the future? – new Finextra reportCan banks really win in the payments busin...
8462 views comments | 23 tweets | 37 linkedin
European Commission opens public consultation on fintechEuropean Commission opens public consultat...
8224 views comments | 42 tweets | 25 linkedin
Westpac wants to take over your messaging keyboardWestpac wants to take over your messaging...
7051 views comments | 4 tweets | 10 linkedin
SecureKey taps IBM to put identity on the blockchainSecureKey taps IBM to put identity on the...
6922 views comments | 22 tweets | 15 linkedin

Featured job

Six Figure Base + Commission + Stock Options

Find your next job