Axioma, a provider of enterprise market risk and portfolio management solutions, has launched a new version of Axioma Portfolio Analytics (APA) and Risk Model Machine (RMM), the first release of 2017.

New features include faster performance attribution and risk analysis as well as improved usability.
 
“Speed is of utmost importance to our clients,” says Mark Cushey, director of product management, Axioma. “In response to client demand, we’ve invested in parallel processing to achieve a nearly four-hold increase in the speed of performance attribution and time-series risk analysis, while making our UI even more streamlined and intuitive.”
 
APA and RMM form part of Axioma Portfolio’s suite of tools, capabilities and insights that help firms to build better portfolios and conduct more meaningful analysis into risk and performance.
 
The new version of the application runs performance attribution sub-periods and individual periods in time-series risk in parallel to run more than four times faster, and re-collapses ETFs, EIFs and funds of funds in Factor-Based Performance Attribution (FPBA) and uses their returns for its analysis.
 
Additions also include new graphs in the Returns-Based Performance Attribution reports to better visualise the sources of return.
 
Simplified blended benchmarks can also now be created by simply listing indexes directly in your import holdings file, while a new tool simplifies adding users to the Report Server in bulk, and provides easier integration into the product installation and upgrade process.