Vidrio Financial (“Vidrio”), a provider of managed data services and software for global institutional allocators, today announced the expansion of its existing partnership with the leading global provider of risk solutions, Qontigo, to work more closely together and deliver enhanced risk solutions to the multi-asset class institutional allocator market.
The Vidrio platform includes a sophisticated risk system that calculates risk numbers regardless of the level of transparency (time series or positions) for institutional investors allocated to third-party funds. Through this partnership, Axioma Risk: Elements is integrated into the Vidrio platform to deliver deeper, more personalized insights into portfolio holdings and risks. In addition, Vidrio will also offer integration with Axioma Portfolio Optimizer, a leading portfolio building solution.
Axiom Risk: Elements is integrated with the power of Vidrio’s wide range of other advanced investment data analytics, including operational information, liquidity, exposure, valuation and compliance, to help institutional investors efficiently manage allocations to hedge funds, liquid alternatives, private markets and SMAs.
“Increased investment transparency is at the top of every investor’s priorities when considering data collection and reporting tools. Vidrio believes that risk must be managed at every stage of the investment process and help streamline that management process. Combining our automation and data management services with Axioma Risk: Elements, the Vidrio platform offers a wide range of risk metrics, calculated across portfolio, manager/fund and level of individual security that our customers can customize directly into their reports,” said Gygmy Gonnot, General Manager and Director of Customer Success at Vidrio Financial.
Axioma Risk is a cloud-native API-first risk system for multi-asset class risk management. For Qontigo, this partnership brings greater scalability to allocators that offer customized stress testing and what-if analysis of risk views through a single pane of glass in the Vidrio environment. With Axioma Risk: Elements, customers will be able to realize cost efficiencies without having to sacrifice incisive analysis. Through this partnership, Vidrio Financial is also able to offer Qontigo’s industry-leading portfolio building tool.
“We are pleased to expand our longstanding partnership with Vidrio to offer their customers Axioma Risk: Elements and the Axioma Portfolio Optimizer. Through this offering, customers can leverage key statistics derived from our enterprise solution Axioma Risk and determine optimal fund allocations with Axioma Portfolio Optimizer seamlessly and efficiently through Vidrio,” said Brian Rosenberg, Chief Revenue Officer at Qontigo.