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Axioma delivers market risk solutions for Mirova and Natixis Asset Management

First Published 30th May 2017

Axioma expands collaboration with FactSet in continental Europe.

Nicolas Rossignol,Axioma

Nicolas Rossignol,Axioma

London - Axioma and FactSet have entered into an agreement with Natixis Global Asset Management affiliates Mirova, the European manager of open-ended SRI funds and Natixis Asset Management, a Europe-based asset manager.

Axioma's risk solutions will be implemented on Mirova's SRI equity experience 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: "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."