Sydney
21 February 2017
Reporter: Stephanie Palmer
AxiomSL expands Australia team
AxiomSL has appointed Andrew Wood as its country manager for Australia, based in Sydney.

Wood has over 20 years of experience leading change management teams at Macquarie Bank and Deutsche Bank, where he was responsible for the due diligence and selection process of Axiom SL for the bank’s strategic regulatory reporting programme.

Most recently, he spent three months at IMF Bentham, as an interim consultant.

In his new role, Wood will be responsible for managing and growing key accounts in Australia. According to AxiomSL, his appointment is in line with its plans for expansion in the Asia Pacific (APAC) region, and a response to a growing client base in the country.

Olivier Kamoun, chief product officer at AxiomSL and CEO for APAC, commented: “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.”

He added: “We are excited to welcome Andrew Wood on board, given his experience and local market knowledge.”

Wood said: “Australia will be a key focus for 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.”

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