Axioma, a provider of enterprise market risk and portfolio management solutions, has appointed board industry veteran Mark Traudt as managing director and head of product engineering.
His role will be to further Axioma’s leadership role in financial technology innovation.
Sebastian Ceria, chief executive officer of Axioma, says: “Industry-leading technology is at the heart of all that we do. Bringing on someone of Mark’s calibre speaks to our mission: delivering products and services that are transformational to our clients.”
Traudt’s (pictured) main objective will be advancing the technology of Axioma’s full suite of products in addition to driving the development of new capabilities. He will report to chief operating officer Ian Webster.
Traudt joins Axioma from risk analytics firm Quantifi, where he had been chief technology officer since 2003. In his role, he was responsible for technology and architecture of Quantifi Risk, the firm’s risk management solution. Prior to that, he was a vice president at Goldman, Sachs & Co. in global equity derivatives including ING Barings, Sumitomo Bank Capital Markets, and Kidder Peabody.