Axioma Adds To Management Team

Nov 9 2011 | 4:48pm ET

Axioma, Inc., a provider of decision support, risk analysis and portfolio rebalancing and analysis tools, has hired Claude Greengard to serve as vice president of client services.  

In this role, Greengard will report to Axioma CEO Sebastiàn Ceria and have global responsibility for Axioma’s professional services and client support divisions. Greengard joins from IBM where, in a 22-year career, he ascended to top positions in divisions including IBM Financial Services and IBM Global Technology Services. 
 
“Claude’s extensive and impressive career at IBM displays remarkable technical ability coupled with excellent business expertise,” said Ceria.  “These traits are especially important in an environment where market conditions have created tremendous demand for sophisticated risk models and knowledgeable risk experts.  Claude will be a valuable resource for our clients looking to create and advance custom risk management and portfolio optimization strategies.”
 
Axioma, which has increased its employee base by 50% since the fourth quarter of 2008, recently made a series of announcements including: the launch of the Axioma Risk Model Machine, a singular offering that allows clients to build customized risk models specifically tuned to their own investment processes; a partnership with Russell Indexes which produced a series of 10 U.S. equity ETFs called the Russell Factor ETFs; version 2.1 of its enhanced Global and Regional Risk Model; the opening of an office in Australia; and its place on the 2011 list of the top 100 private companies in North America by Red Herring.  


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