S&P Dow Jones Indices (S&P DJI), one of the worlds index providers, announced that it has entered into a strategic agreement to collaborate with Axioma, a renowned provider of enterprise market risk and portfolio analytics solutions, to develop optimized factor-based strategy indices.
The engagement brings together S&P DJIs global brand recognition and capabilities in indices serving institutions and intermediaries, with Axiomas robust analytical tool kit and expertise. The collaboration looks to result in innovative S&P DJI branded indices, powered by Axioma, purposefully designed to present optimized single- and multi-factor solutions that advance the forefront of smart beta, ESG and related investment themes.
We are pleased to work together with Axioma to leverage their systematic portfolio-construction capabilities and risk analytics, to further expand our factor index offering, said Jamie Farmer, Chief Commercial Officer, S&P Dow Jones Indices. This collaboration will accelerate the pace of innovation to deliver transparent, strategic factor indices that are designed to meet the increasing demand for benchmarks that encapsulate quantitative investment methodologies.
Axiomas systematic portfolio-construction techniques and factor-based risk models are increasingly being used in best-of-breed indexing, said Sebastian Ceria, CEO of Axioma. We look forward to collaborating with S&P Dow Jones Indices on this exciting next generation of factor-based strategies.
