Axioma, a provider of risk solutions for buy-side institutions, has announced a new collaboration with Abel Noser Solutions which offers Transaction Cost Analysis (TCA) across several asset classes.
The new partnership will result in the launch of an integrated solution that allows registered investment companies to comply with SEC’s Investment Company Reporting Modernization Rules and Rule 22e-4 on liquidity disclosure. The adoption of SEC’s new rules represents a significant increase in the volume of reporting obligations for investment companies.
Axioma presently boasts a diverse suite of equity factor models that caters to a wide pool of buy-side clients. The portfolio management firm’s decision to team up with Abel Noser will facilitate better risk and vendor management in light of newer regulatory constraints.
The partnership will link up with some of the biggest players in the regulatory space and allows potential clients to meet SEC’s modernization regulations that are looking to protect investors with more robust reporting and liquidity risk management requirements.
This announcement is a landmark moment for the expansion of Abel Noser’s operations as it moves to promote its latest product and service lines including US-centric compliance solutions. The company’s fast-growing roster of customers in US spans across all major asset classes including fixed income, FX, futures and global equities trading.
Abel Noser’s solutions offer tools to help clients measure their trading results using the firm’s secure universe of trade data. Concerning its FX offering, the firm helps customers measure the FX trading performance of their custodians, brokers and managers, and view absolute and relative peer cost comparisons based on industry standard metrics. Independent assessments provided by Abel Noser Solutions also allow customers to compare their trade logistics to reports received by interested counterparties.
Sunay Shah, Global Head of Partnerships at Axioma, commented: “As registered investment companies grapple with the complexity and burden of the SEC rule changes, it’s crucial that risk technology providers step in with powerful, integrated solutions that help simplify the reporting process. Our cloud-based, front-to-back solutions and 20 years in risk analytics, combined with Abel Noser’s leading position in trade analytics, will expand our capabilities and help our customers address these challenges.”
Peter Weiler, President of Abel Noser Solutions, added: “This exciting collaboration with Axioma will offer clients a complete regulatory solution. Our liquidity measurement, TCA and regulatory reporting expertise, combined with Axioma’s extensive reporting library and advantage in analytics, will reduce the burden on customers and enable greater preparedness for the substantial regulatory reporting changes that lie ahead.”