Axioma Continues European Expansion with Appointment of Head of Multi-Asset Class Solutions

Axioma, a leading provider of innovative risk solutions for buy-side institutions, today announced the appointment of Sunay Shah as Head of Multi-Asset Class Solutions for EMEA, including Axioma RiskTM, the company’s multi-asset class (MAC) risk solution.

“Sunay is an outstanding addition to Axioma’s growing team in Europe,” said Sebastian Ceria, Chief Executive Officer of Axioma. “His appointment underscores the accelerating global growth of Axioma’s innovative multi-asset class risk solutions, which provide clients with the unparalleled performance and flexibility needed to address the onerous and complex risk management requirements associated with multi-asset investing.”

Shah said: “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.”

Shah was most recently Head of Financial Services, North America at cloud-collaboration firm HighQ. Prior to that he was VP Strategic Sales at S&P Capital IQ and CEO & Co-Founder at start-up CDO Software. He began his career as an investment banker, focusing on M&A, Capital Markets and Risk Management at BZW, Credit Suisse, Deutsche Bank, Goldman Sachs and Mizuho International.

Axioma also announced the appointment of Neil Richards to the firm’s European sales team. Richards joins from S&P Capital IQ where he was responsible for enterprise data solutions sales across EMEA and more recently engaged with buy-side firms on S&P’s Portfolio Risk offering. Prior to this, Richards worked for a division of the Financial Times selling its suite of globalization software tools.