Axioma Taps Brian Smith as its Head of Australia, NZ, Opens Melbourne Office

Axioma, a provider of 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 for Buy-Side Buy-Side The buy-side is comprised of firms in the financial industry that purchase securities and are accompanied by account investment managers, pension funds, and hedge funds.The buy-side is composed of those that buy and invest large sums of securities with the intention of generating a lucrative return or have their funds managed. The Buy-Side ExplainedIn terms of Wall Street, the buy-side includes investment institutions that purchase securities, stocks, or other financial instruments with the aim The buy-side is comprised of firms in the financial industry that purchase securities and are accompanied by account investment managers, pension funds, and hedge funds.The buy-side is composed of those that buy and invest large sums of securities with the intention of generating a lucrative return or have their funds managed. The Buy-Side ExplainedIn terms of Wall Street, the buy-side includes investment institutions that purchase securities, stocks, or other financial instruments with the aim Read this Term institutions, has opened its new Australian office, ushering in the appointment of Brian Smith as its newest Head of Australia and New Zealand with immediate effect, per a company statement.

Take the lead from today’s leaders. FM London Summit, 14-15 November, 2016. Register here!

In his new role as the Head of Australia and NZ, Mr. Smith will be based out of Melbourne, where he will be reporting to Olivier d’Assier, Axioma’s Asia-Pacific (APAC) Managing Director. The new appointment is Mr. Smith’s first promotion at Axioma since joining the group in 2014.

Mr. Smith originally joined Axioma in its Singapore office, having worked in its business development unit for nearly two years. He previously held other senior level roles at MSCI Inc. and RiskMetrics, along with multiple sales stints dating back to 1999, according to information made public on his Linkedin profile.

The new Melbourne office constitutes Axioma’s fourth in the region, which now boasts offices in Hong Kong, Singapore, and Tokyo. The launch of the new office coincided with an increasing demand from institutional clients and asset owners in the region.

According to Mr. d’Assier, in a recent statement on the office: “Axioma’s Australia office was established in direct response to the unprecedented demand we are seeing from institutional clients and asset owners, particularly in the multi-asset space. Asset owners are taking more control of their portfolios, in-sourcing portfolio management and seeking improvement from the tools they use to manage risk and to make allocation decisions, which plays directly to Axioma’s strengths.”

“Australian institutions are seeing increased pressure from regulators and investors for risk transparency, requiring market-standard tools. At the same time, they need customized tools that are consistent with their investment process. The flexibility and power of Axioma’s platform meets both requirements. I look forward to helping our clients in the region to capitalize on the innovative risk-management and portfolio-construction tools that Axioma offers,” explained Mr. Smith in an accompanying statement.

The appointment of Mr. Smith is the group’s first move since on-boarding Amaury Dauge as its Chief Financial Officer (CFO) back in May.