Axioma has continued fortifying its operations in 2017, with a multitude of newly created roles and senior hires helping shore up key segments. Its latest move will see Thomas Severance on-boarded to the group as its newest Senior Managing Director and Chief Revenue Officer. He steps into the new role with immediate effect and will be based out of New York City.
The risk management solutions provider is looking to make a splash in its global markets sales. In Mr. Severance’s new role he will help strengthen the company’s market penetration, while also looking to bolster its sales capabilities. In addition, Severance will be responsible for Axioma’s sales, marketing, and business development efforts.
The rapid infusion of talent into its ranks suggests that Axioma is building up for a new growth phase for its operations.
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Mr. Severance joins Axioma after more than two decades in the financial services industry, focusing on risk management and analytics. He comes over from IHS Markit, having worked there for nearly six years as Managing Director, dealing with analytics and risk strategy in the Americas.
He also worked at Misys as its Director of Latin America (LATAM), with additional stops at Armanta Inc. as its Executive Vice President of Sales and Marketing, QuIC Financial Technologies as its VP of Global Sales, Algorithmics as Managing Director, among other sales roles dating back to 1991, according to information made public on his Linkedin profile.
“Accelerating growth in our target markets is our number one objective. With more than 20 years of experience at innovative, high growth companies operating at the intersection of risk, analytics and technology, Tom is a perfect fit for Axioma. As Chief Revenue Officer, he will lead Axioma’s efforts to increase our penetration of global markets and drive sales,” explained Sebastian Ceria, Chief Executive Officer of Axioma.
The appointment is the latest addition to Axioma’s growing team, that has rapidly taken shape in H1 2017. Earlier this year, the group brought in Mark Traudt as its Head of Product Engineering and George Patterson to head a newly-formed Corporate Strategy Team. Furthermore, Christopher Woida also joined Axioma as a Managing Director of its Index Solutions team, as well as former-ISE veteran Jacqueline Gaillard as a Managing Director.