Skandinaviska Enskilda Banken (SEB) has implemented Axioma’s multi-asset class risk-management platform Axioma Risk.
Axioma claims that its platform enabled SEB’s risk managers to establish alignment between the risk-management team and the investment team.
The platform is helping in meeting the needs of both SEB’s risk- and investment-management teams by providing multiple ways of looking at risk for multi-asset class portfolios — granular and factor models, stress testing, VaR and sensitivities — in one system sitting atop a consistent data source.
Rikard Andersson, asset class head – equities at SEB, said: "With Axioma Risk, we now have one common system, with everyone talking about risk using the same numbers and looking at those numbers in the same system. And that has really moved us forward, not only in terms of knowledge, but in terms of cooperation within the organization itself."
SEB, which has more than EUR180bn in assets under management, has been a client of Axioma since 2010, when it implemented the Axioma Portfolio suite (Axioma Portfolio Optimizer, Axioma Backtester, Axioma Portfolio Attribution and Axioma Portfolio Analytics), which is used by portfolio managers to implement investment strategies quickly and accurately.
