AxiomSL Appoints Peter Tierney as its APAC CEO

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 appointed Peter Tierney as CEO of the firm’s Asia Pacific (APAC) region, securing the veteran in a new senior role, per a company statement.

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Mr. Tierney will be based out of Singapore and will report to Alexander Tsigutkin, AxiomSL’s Global CEO. He steps into the role with over twenty-five years of experience as an enterprise software executive and other senior roles. He will be helping foster AxiomSL’s growth and differentiation across its offerings as the firm expands its footprint in the regulatory and risk management space.

Veteran Appointment

He comes over to AxiomSL from the DTCC, having worked as the regional head of its over-the-counter (OTC) trade reporting initiative and CEO of the Singapore-based OTC data repository (DDRS) in Asia.

According to Mr. Tsigutkin in a statement on the appointment: “Peter comes to us with a wealth of knowledge derived from his decades of senior financial technology roles in the UK, U.S. and Asia. His leadership, business vision and ability to bring people together will be instrumental as we enter into our next chapter, and we welcome him to the firm.”

“Given the increasing level of regulatory and risk requirements that firms are subjected to around the world – many of which are still in flux –financial institutions need a data-driven platform that adapts quickly to change, mitigates risk, reduces costs and delivers a competitive advantage.”

“This is a primary reason that financial institutions need automated, innovative, and agile systems with full process transparency to increase operational efficiency. Peter’s deep experience and proven track record in leveraging existing technology and legacy systems will be the catalyst we need to extend our value and thereby, optimize AxiomSL’s platform to adapt to constant change,” he added.