AxiomSL Taps Andrew Wood as Country Manager for Australia

AxiomSL, a provider of regulatory reporting, data, and Risk Management Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term solutions, has on-boarded Andrew Wood as the group’s newest Country Manager for Australia, following its growth in the region.

In this capacity, Mr. Wood will be based out of AxiomSL’s Sydney office, which follows the company’s expansion in the Asia Pacific (APAC) region, in tandem with a bourgeoning client base in Australia. Mr. Wood lands at AxiomSL with over two decades of experience in the financial services space, including two decades at leading investment institutions and banks. Most recently he held senior roles at Macquarie Bank, Deutsche Bank, and Standard Chartered, among other stops.

According to Olivier Kamoun, Asia-Pacific (APAC) Asia-Pacific (APAC) The Asia-Pacific (APAC) region is one of the fastest growing in terms of population. This region in particular is of great importance to the financial services industry, as it is seen as the largest growth market for clients.APAC is comprised of diverse currency markets that are shaped by various and, at times, competing forces, from global regulation to local capital controls.The region has been seen as one of the hardest to enter by FX brokers for this reason, as well as grappling cultural or The Asia-Pacific (APAC) region is one of the fastest growing in terms of population. This region in particular is of great importance to the financial services industry, as it is seen as the largest growth market for clients.APAC is comprised of diverse currency markets that are shaped by various and, at times, competing forces, from global regulation to local capital controls.The region has been seen as one of the hardest to enter by FX brokers for this reason, as well as grappling cultural or Read this Term) CEO and Chief Product Officer, AxiomSL, in a statement on the appointment: “As global regulators tighten reporting standards and requirements, we have experienced increased interest from financial institutions looking for a platform that is able to tackle cross-jurisdictional reporting requirements across markets in APAC.

Australia is one example with financial institutions facing an expanding array of international and domestic reporting requirements In view of our 2017 expansion plans, we will also be doubling our business development team to better address our clients’ needs in key APAC markets."

“With the new reporting requirements coming into effect, it is essential for financial institutions to be equipped with an integrated platform that will enable them to swiftly adapt to the evolving regulatory environment both domestically and internationally,” added Mr. Wood.