AxiomSL Welcomes Ken Lamar to Board of Advisors

AxiomSL Welcomes Ken Lamar to Board of Advisors
14.10.2016 12:00 pm

AxiomSL Welcomes Ken Lamar to Board of Advisors

People Moves

AxiomSL, a global leader in risk management, regulatory compliance and data management for the financial services industry, has announced that Kenneth (Ken) Lamar, former senior vice president, senior advisor to the director of research and head of the statistics function at the Federal Reserve Bank of New York, has been appointed to the company’s board of advisors.

Ken Lamar will advise AxiomSL’s senior leadership on a wide array of best practices including risk data aggregation and reporting, regulatory compliance as well as implementation challenges affecting financial institutions.

Lamar joins the AxiomSL board after several decades holding various roles at the Federal Reserve, during which time he initiated and supervised most of the New York Fed’s data management and quality assurance-related programs and built relationships with other financial regulators, industry groups, technology firms and other key participants in the financial services ecosystem.

During the last eight years as SVP, Lamar focused on reporting for primary dealers, the foreign exchange (FX) and derivatives markets, as well as legal entity identification. Most recently, he provided insight on data management related to several areas crucial to AxiomSL’s core product offerings, including banks’ financial risk stability and capital adequacy, data lineage and governance, data reporting, clearing and payment, and counterparty credit exposure.

"With his unparalleled experience at the Federal Reserve and intimate familiarity with data management at the world's largest banks, including many of AxiomSL's clients, Ken was a natural fit for AxiomSL's advisory board," says AxiomSL CEO Alex Tsigutkin. "His insight will be invaluable as we continue to develop and deploy new solutions for financial services' most complex regulatory, operational and technical challenges."

"AxiomSL is truly a unique technology provider, and I am delighted to join its board," adds Ken Lamar. "Today's regulatory environment, particularly with respect to capital adequacy, credit and liquidity risk reporting, means that financial services firms must leverage robust technology and forward-thinking with a flexible approach. Having watched AxiomSL in action for many years, I know they bring just this kind of mindset and expertise to our industry, and I look forward to working with them."

Related News

Wojciech Stramski has been appointed the new CEO of Beyond.pl

Upon consultation with its CEO Aman Khan, Beyond.pl’s Supervisory Board has resolved to terminate Mr. Khan’s contract in view of unforeseen circumstances precipitated by COVID-... Read more »

Former Citi EMEA CEO Jim Cowles joins RTGS.global as executive director

RTGS.global, the world’s cross-border liquidity network, has announced its... Read more »

BIS Appoints Bénédicte Nolens as Head of the BIS Innovation Hub Hong Kong Centre

The Bank for International Settlements (BIS) today announced the appointment of Bénédicte Noella Nolens as head of the BIS... Read more »

genesis appoints Nick Kolba as Global Head of Platform

genesis, the global capital markets software firm, has further expanded its management team by appointing Nick... Read more »

Colt Technology Services appoints new Chief Executive Officer

Colt Technology Services has today announced the appointment of Keri Gilder as... Read more »

TORA expands global outsourced trading with two new traders based in New York

TORA, provider of the industry’s most advanced cloud-based and leading order and execution management system (OEMS), today announced two new... Read more »

Magazine
ALL
Free Newsletter Sign-up
+44 (0) 208 819 32 53 +44 (0) 173 261 71 47
Download Our Mobile App
Financial It Youtube channel