AxiomSL, a provider of regulatory reporting, data, and risk management solutions, has appointed former Thomson Reuters’ head of FX trading Philip Weisberg as a Strategic Advisor, according to information made public on his Linkedin profile.
Mr. Weisberg, the founder and former CEO of FX multi-dealer platform FXall, serves currently as senior operating executive and financial services leader with Business Builder and Strategic Partner, a position he will maintain along with his new advisory role at AxiomSL.
Back in 2013, Philip Weisberg was appointed global head of FX for Thomson Reuters’ trading platform business Marketplaces, as part of a management shake-up that came five months after it acquired FXall. He joined the information provider when it bought FXall, the currency trading platform he helped found, for $625 million.
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Thomson Reuters acquired full control of FXall in 2012 as the company wanted to broaden its brokerage fee-based business beyond the interbank FX market.
Earlier in March, Finance Magnates reported on AxiomSL after it further strengthened its client service with a new solution developed in partnership with Integration Alpha to offer cost-efficient managed services across Germany, Austria and Switzerland.
The jointly developed solution offers end-to-end managed services for risk and regulatory reporting. It also enables financial institutions to meet regulatory requirements, while also streamlining its reporting processes across critical business functions. This should provide clients with the flexibility to meet evolving regulatory demands, given that it brings together several reporting functions into one integrated solution.