Axioma, a provider of risk management solutions for buy-side institutions, has made another senior appointment to its Europe, Middle East, and African (EMEA) operations, culminating in the addition of Sunay Shah as its Head of Multi-Asset Class Solutions, according to an Axioma statement.
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In his new role as the Head of Multi-Asset Class Solutions, including Axioma Risk, the company’s multi-asset class (MAC) risk solution, Mr. Shah will help grow the group’s sales team in Europe. He will also help steer the development of Axioma’s multi-asset class risk solutions, as well as fostering additional risk management capabilities.
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Mr. Shah joins Axioma from HighQ, having served as its Head of Financial Services in North America. Moreover, he also has garnered work as the Vice President (VP) Strategic Sales at S&P Capital IQ as well as the Chief Executive Officer (CEO) and co-founder of start-up CDO Software. Additional stops also include Credit Suisse, Deutsche Bank, Goldman Sachs, and Mizuho International.
According to Mr. Shah in a recent statement on the appointment: “Existing risk management solutions rely on legacy systems and technology that simply cannot meet the demands of modern multi-asset class investing. Axioma RiskTM is a purpose-built multi-asset class risk solution that leverages the latest technology to provide clients with timely, consistent and comparable views of risk across the entire organization and across all asset classes. There is nothing else like it.”
The appointment is the first addition at Axioma since the hire of Sunil Rajan back in February this year, who joined as a Managing Director – EMEA from Standard & Poor’s.