Sycomore Asset Management selects Axioma Risk for its risk management solution
Monday, November 28th, 2016
Axioma, a leading provider of enterprise risk and portfolio management solutions, has entered into an agreement with Sycomore Asset Management, a leading French asset manager with €4.6 billion under management. Sycomore will deploy Axioma Risk, the company’s enterprise-wide risk management solution.
Deploying Axioma Risk will enable Sycomore AM to analyze and understand risks more effectively so that this assessment becomes a dynamic and differentiating part of its investment process.
“As the multi-asset class investment market expands, asset managers need state-of-the-art analytics to understand complex portfolio dynamics,” said Nicolas Rossignol, managing director at Axioma. “We look forward to deploying our state-of-the-art risk management solutions with Sycomore AM to enhance its investment performance.”
A number of factors are pushing firms to construct multi-asset portfolios to drive performance through diversification. These include highly competitive operating environments, new regulatory requirements for asset managers and the need to stress test portfolios against unprecedented economic and geopolitical risks. As a result, enterprise risk management has become more onerous. Axioma Risk answers these sophisticated needs by providing comprehensive analytics as well as risk monitoring and reporting for multi-asset class portfolios.
“As an investment manager, Sycomore AM is facing increasingly challenging demands that require a high level of sophistication in terms of risk assessment,” explains Alain Robert Dautun, Head of Risk Management at Sycomore AM. “Axioma Risk offers the flexibility both in terms of data and models to tackle these issues. Moreover, extensive risk measures, data quality and a wide stress-testing framework were key factors in our decision-making.”
Axioma is the leading provider of innovative risk management, portfolio construction, and risk and regulatory reporting solutions that unify front, middle and back office functions at financial institutions worldwide. With an emphasis on innovation, outstanding service and open-platform technology, Axioma offers clients more choice, greater flexibility, efficiency and increased performance. Axioma is headquartered in New York, with offices in London, Hong Kong, Frankfurt, Paris, Singapore, Chicago, Atlanta, Geneva, San Francisco, Tokyo and Melbourne. Axioma was included on the Chartis RiskTech100® 2016, a ranking of the world’s most significant risk and compliance technology companies. 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.
ABOUT SYCOMORE ASSET MANAGEMENT
Founded in 2001, Sycomore Asset Management is an entrepreneurial investment firm majority-owned by its founding partners and specialised in the analysis of European stocks. Rated “High Standard” by Fitch Ratings since 2008, Sycomore AM manages 4.6 billion euros in mutual funds and segregated mandates. Sycomore AM works with institutional clients (private and public pension funds, insurance companies, banks, corporations) and distribution partners (IFAs, fund distribution platforms) located in France and abroad.