The Northfield Short Term Equity Model provides daily variance forecasts for managers with short-term investment horizons by using a "statistical factor" model that infers its factors from security behaviors. It can respond rapidly to sudden changes in conditions at the firm, factor, and market levels.

• Features pioneering use of forward-looking variance estimates derived from security level option implied volatility, a better predictor of future volatility changes than recent sample historical volatility
• The model is freshly estimated for each trading day