AFTAs 2019: Best Partnership or Alliance—Qontigo and Charles River Development

Change often yields new opportunities, or so it is said. For the winners of this year’s best partnership or alliance award, that saying certainly rings true.
In April 2019, Deutsche Börse acquired Axioma for $850 million and combined the trading tools provider with its index businesses (Stoxx and DAX), thus giving birth to a new company, Qontigo. In July 2018, State Street bought Charles River Development for $2.6 billion. As margins are tightening, costs are increasing, and investors are moving to passive investments, firms are increasingly looking for end-to-end solutions, and Qontigo and Charles River saw an opportunity to join forces.
The collaboration will integrate Axioma’s risk and portfolio analytics into the Charles River Investment Management Solution (IMS), a front- and middle-office platform used by more than 300 investment managers, asset owners, and hedge funds globally. As a result, Charles River clients can now access Axioma’s portfolio and risk analytics from IMS.
In combination with Charles River’s portfolio management, risk and attribution capabilities, Axioma’s equity, fixed income and multi-asset risk models enable firms to identify, measure and model risk across the front and middle office on one platform. The Axioma Portfolio Optimizer incorporates several patented innovations that enable clients to build more robust portfolios across a broad range of strategies and timeframes.
Leveraging Charles River’s single data model and portfolio manager workbench, Axioma’s portfolio and risk analytics provide global investment managers, asset owners, insurers and wealth managers with fit-for-purpose analytics across assets, markets and geographies.
Qontigo’s tools for risk management, portfolio construction and optimization, combined with the capabilities of Charles River IMS, provide the front and middle offices with a powerful and unified solution that enhances their pursuit of alpha.
IPC Systems and GreenKey Technologies won this award in 2018, and Thomson Reuters and Symphony won in 2017.
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@waterstechnology.com
More on Awards & Rankings
Witad Awards 2025: Trailblazer (Lifetime achievement) award (vendor)—Maureen Downs, Connamara Technologies
Maureen Downs, co-founder and chair of Connamara Technologies, wins the Trailblazer (Lifetime achievement) award (vendor) in the 2025 Women in Technology and Data Awards.
Witad Awards 2025: Legal/compliance professional of the year—Devi Shanmugham, Tradeweb
Devi Shanmugham, global head of compliance at Tradeweb, wins legal/compliance professional of the year in the 2025 Women in Technology and Data Awards.
Witad Awards 2025: Technology innovator of the year (end-user)—Ruchi Acharya Saraswat, RBC Capital Markets
Ruchi Acharya Saraswat, managing director, head of strategy and transformation, business and client services technology at RBC Capital Markets, wins technology innovator of the year (end-user) in the 2025 Women in Technology and Data Awards.
Witad Awards 2025: Best company for diversity and inclusion (end-user)—BNP Paribas Portugal
BNP Paribas Portugal wins best company for diversity and inclusion (end-user) in the 2025 Women in Technology and Data Awards.
Witad Awards 2025: Wellness/work-life balance award (end-user)—Sarah Mears, MUFG Investor Services
Sarah Mears, chief human resources officer at MUFG Investor Services, wins the wellness/work-life balance award (end-user) in the 2025 Women in Technology and Data Awards.
Witad Awards 2025: Exchange professional of the year—Valerie Bannert-Thurner, Nasdaq
Valerie Bannert-Thurner, executive vice president and chief revenue officer of the financial technology division at Nasdaq, wins exchange professional of the year in the 2025 Women in Technology and Data Awards.
Witad Awards 2025: Rising star (vendor)—Hannah Sayson, S&P Global Marketplace
Hannah Sayson, lead product manager of the S&P Global Marketplace, wins rising star (vendor) in the 2025 Women in Technology and Data Awards.
Witad Awards 2025: Data science professional of the year (vendor)—Kaja Zupanc, Duco
Kaja Zupanc, head of machine learning at Duco, wins data science professional of the year (vendor) in the 2025 Women in Technology and Data Awards.