Orbium, the leading financial services IT and business consulting firm, has acquired a minority stake in
EdgeLab, a software company developing the next generation of investment intelligence for asset managers.
EdgeLab is changing the way investment solutions work, using modern technology and advanced statistical methods to help asset managers measure risk and performance, run scenario analysis, build portfolios and in asset selection.
Orbium partner Olivier Schneider, said: “EdgeLab is phenomenal at solving the most complex investment challenges and its solutions perfectly complement Orbium’s own well-established strategy of bringing innovative technological solutions to the banking industry.”
Edgelab offers valuation and risk management apps on top of an automated investment solution and its easy-to-use APIs make EdgeLab data compatible with proprietary and third-party systems. EdgeLab also supports institutions through the process of digitising their investment arms. All digital EdgeLab solutions operate in line with regulatory constraints including MiFID II, Solvency II, Basel III.
EdgeLab was founded in 2013 to bring advanced and efficient intelligent investment solutions. The company specialises in valuation and risk data, investment and risk management application, and automated investment solutions including intuitive and powerful web interfaces or easy-to-use APIs for better scale and coverage. EdgeLab solves complex investment problems using science and technology including high-dimensional statistical modelling, high-performance computing, scalable analytics and search.
Orbium is a leading IT and business consulting firm specialising in the financial services industry. Orbium seamlessly integrates clients’ business and organisational strategies with IT implementations helping them achieve a higher return on investments. The company also leads and delivers complex projects to support top-tier banks and wealth managers around the world with business transformation programmes. As an Avaloq Premium Implementation Partner with more than 450 people and 12 offices Europe and Asia Pacific, Orbium prides itself on an excellent track record based on high-quality and successful project completion.