AxiomSL has announced the appointment of Andrew Wood as the company’s Country Manager for Australia. Andrew will be based in Sydney and his appointment is in line with the company’s commitment to expanding its Asia Pacific (APAC) footprint and growing client base in Australia.
Andrew has over 20 years of experience having held senior positions within the transformational change management teams in Macquarie Bank as well as Deutsche Bank. Andrew‘s strength is in his unique ability to effectively bridge both business and technology domains across finance and corporate service functions, whilst managing complex projects with diverse levels of stakeholders and geographically dispersed teams.
“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 doemstic reporting requirements.” said Olivier Kamoun, APAC CEO and Chief Product Officer, AxiomSL. “The Australian Prudential Regulation Authority (APRA) has recently released a slew of new reporting requirements with some coming into effect mid-2017. We are currently in talks with several major Australian banks and a common trend we’ve seen is that these financial instituitions are now aware that they need to be better equipped with a strategic framework ahead of implementation day.”
“We are excited to welcome Andrew onboard given his experience and local market knowledge. 2016 was a successful year for us as we widened our client database and deepened our relationships with existing clients. Our clients choose us because of our ability to meet regulatory reporting requirements across markets and our proven flexibility in integrating systems. 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” said Olivier Kamoun.
Commenting on his appointment, Andrew said “I am looking forward to being a part of the AxiomSL APAC team. Australia will be a key focus for the AxiomSL this year and I am pleased to be joining the firm at this exciting time of growth. 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.”
Country Manager (Australia)
Andrew Wood is the Country Manager for AxiomSL in Australia. As part of the business development team, Andrew is responsible for managing and growing key accounts within Australia. With over 20 years of experience, he has held senior positions within the transformational change management teams in Macquarie Bank as well as Deutsche Bank – where Andrew was instrumental in the due diligence and selection process of utilising AxiomSL as the APAC platform supporting their strategic regulatory reporting program. Andrew‘s strength is in his unique ability to effectively bridge both business and technology domains across finance and corporate service functions, whilst managing complex projects with diverse levels of stakeholders and geographically dispersed teams.
AxiomSL is the leading global provider of regulatory reporting, data and risk management solutions for financial services firms, including banks, broker dealers, asset managers and insurance companies. Its unique enterprise data management (EDM) platform delivers data lineage, risk aggregation, analytics, workflow automation, validation and audit functionality.
The AxiomSL platform for change seamlessly integrates clients’ source data from disparate systems and geographical locations without forcing data conversion. It enriches and validates the data, and runs it through risk and regulatory calculations to produce both internal and external reports. The platform supports disclosures in multiple formats, including XBRL. The unparalleled transparency offered by the high-performance platform gives users the ability to drill down on their data to any level of granularity.
AxiomSL’s platform supports compliance with a wide range of global and local regulations, including the Dodd-Frank Act – CCAR, Basel III capital and liquidity requirements, IFRS 9/CECL, FATCA/CRS, EMIR, FDSF, BCBS 239, Solvency II, AIFMD, central bank disclosures, and both market and credit risk management requirements. The enterprise-wide approach offered by AxiomSL enables clients to leverage their existing data and risk management infrastructure, and reduces implementation costs, time to market and complexity.
AxiomSL was awarded The Asian Banker’s 2016 “Best Compliance Risk Technology Implementation of the Year” as well as “Best Implementation at a Sell-side Firm” in the 2016 Sell-side Technology Awards. It was voted Best Reporting System Provider in the 2015 Waters Rankings and was highlighted as a ‘Category Leader’ by Chartis Research in its 2015 Sell-side Risk Management Technology report. The company’s work has also been recognized through a number of other accolades, including success in the Best Reporting Initiative category of the American Financial Technology Awards and in the Customer Satisfaction section of the Chartis RiskTech100 rankings.www.axiomsl.com