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LGIM signs up with Axioma

Risk managementLondon-based Legal & General Investment Management (LGIM) has selected Axioma to provide it with risk management software.

Axioma Risk provides users with comparable views of multi-asset class risk across the front, middle and back offices.

“As the only cloud-based multi-asset class risk solution that delivers consistent views of risk across the enterprise, Axioma Risk continues to gain traction with financial institutions seeking the utmost in power, flexibility and analytics,” said Axioma chief executive Sebastian Ceria.

Adel Malcolm, head of global analytics at LGIM, said, “We are delighted to be partnering with Axioma as we expand our risk analytics capability so that we are well-positioned for the future.”

Legal & General Investment Management is one of Europe’s largest asset managers with total assets of £983.3 billion (€1,115 billion).

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