Axioma Improves Batch Optimizing, Tax Features in Portfolio Optimizer
Updates include using multiple cores to speed up optimization and additional features around taxes.
Axioma improved its tax-aware portfolio rebalancing, added multi-core optimization, and enhanced its web service and Python API. The updates are aimed at clients seeking to cut optimization run times for multiple portfolios and provide more tax information in reports.
Pamela Vance, managing director, applications development at Axioma, says the taxation services are in demand from clients.
“Our clients approached us about getting more out of the tax features so we looked to change our models
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