Bringing you live news and features since 2006 

Axioma’s latest Portfolio Optimizer offers faster optimisation speeds and enhancements for tax aware portfolios

RELATED TOPICS​

Axioma has launched the latest version of Axioma Portfolio Optimizer (APO 2017.R4) providing users with multi-core optimisation for shorter optimisation run times, improvements for tax-aware portfolio rebalancing, and new enhancements to the Optimizer’s Web Service and Python API.

“The latest enhancements to the Optimizer are in response to our customers’ need for faster, more responsive solutions that help them make incremental yet impactful adjustments to their investment portfolios as competition stiffens,” says Pamela Vance (pictured), Managing Director, Applications Development at Axioma.
 
The Optimizer’s new multi-core optimisation functionality will allow customers to improve the run time for an average mean-variance optimisation by up to 50 per cent when using four to eight cores. For special mean-variance optimisation problems, such as multi-period and multi-portfolio, performance can improve by as much as 2-4 times. This update offers enhanced responsiveness for customers performing time-sensitive intraday rebalancings. Key use cases include clients optimising large batches of portfolios overnight who will benefit from improved process reliability, and research teams who stand to take hours off of large backtesting studies.
 
The enhancements to the Optimizer’s functionality for tax-aware portfolios were made in response to growing demand from both private wealth managers, and tax-sensitive mutual fund and ETF clients. Private wealth clients are seeking to serve a broader range of investable assets by achieving scale through technology, while mutual fund and ETF clients are increasingly focused on improving their tax-efficiency.

Latest News

Saving and investing app, Moneybox, has doubled the number of ETFs available on the platform, in the light of ‘growing..
Global X ETFs has announced the appointment of Ryan O'Connor as its Chief Executive Officer effective as of April 8, 2024. ..
Value-driven structured credit investing firm, Angel Oak Capital Advisors, LLC, has announced the completed conversions of two of its mutual..
Confidence in the continuing strength of bitcoin and Ethereum is driving wider interest in altcoins and other digital assets, according..

Related Articles

Jeremy Senderowicz, Vedder Price
Jeremy Senderowicz, a member of the Investment Services Group at law firm Vedder Price, has witnessed a steady upswing in...
Graham MacKenzie, Toronto Stock Exchange
The evolution of ETFs has been a multi-decade experience for Toronto Stock Exchange says Graham MacKenzie, managing director, Exchange Traded...
Frank Koudelka, State Street Global Services
ETF data provider and ETF Express data partner, Trackinsight, has published its Global ETF Survey 2024 Report: ‘50+ Charts on...
Cryptocurrencies
Matteo Greco, Research Analyst at Fineqia International writes that bitcoin (BTC) ended the week at approximately USD52,150, showing a notable...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by