Axioma, a provider of risk solutions for buy-side institutions, has appointed Mark Traudt as its newest Managing Director and Head of Product Engineering. His hire continues a string of recent appointments at the group as it looks to bolster its leadership team.
In his new role, Mr. Traudt will help strengthen Axioma’s leadership role in the financial technology innovation space. As such, his mandate will see him promote and develop Axioma’s full suite of products, in tandem with the group’s development of new capabilities. He will be reporting to Axioma’s Chief Operating Officer Ian Webster, based out of London.
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Mr. Traudt joins Axioma from Quantifi, Inc. having served as its Chief Technology Officer for over a decade dating back to 2003. In this role he had been tasked with the technology and architecture of Quantifi Risk, the group’s risk management solution. Additional stops include roles as a Vice President at Goldman, Sachs & Co. in Global Equity Derivatives as well as ING Barings, Sumitomo Bank Capital Markets, and Kidder Peabody, among others.
According to Sebastian Ceria, Chief Executive Officer of Axioma, in a statement on the hire: “Industry-leading technology is at the heart of all that we do. Bringing on someone of Mark’s caliber speaks to our mission: delivering products and services that are transformational to our clients.”
Last month, Axioma brought in George Patterson as the group’s Managing Director of Corporate Strategy. Mr. Patterson joined the group with over twenty-five years of industry experience, coming over from BOM Global Asset Management.