ActiveViam adds Australian office in Sydney to spur growth in APAC region and meet a growing demand for data analytics
Central business district office to offer greater proximity to financial firms and existing clients
August 26, 2022, Sydney – ActiveViam, a global technology provider to the financial services industry, has opened an office in Sydney, Australia, and is establishing a local company under the name of ActiveViam Pty Ltd. Mark Putnam will head up the new entity, located in the city’s central business district, as Regional Director to help accelerate the growth in the region.
ActiveViam delivers a fit for purpose data aggregation and analytics platform that empowers trading desks, risk management and treasury teams to eliminate blind spots and accelerate confident decision making. Now more than ever with the current volatile market environment clients are seeking tools that afford secure decision making.
ActiveViam is stepping up its business in the APAC region, one of the largest growth markets globally, where it has a powerful base of existing clients that includes the largest global banks, and an engaged and growing network of partners. This brings the total number of ActiveViam main offices to three in APAC (Singapore, Hong Kong and now Sydney) and seven globally across North America, Asia Pacific and Europe, with continued plans for other regional openings.
Mark Putnam brings with him more than four decades of experience in banking, capital markets and risk management software solution sales in Australia and Southeast Asia. “Banks are now beginning to move their core operations to the cloud. Clients are looking for our award-winning data analytics and aggregation platform as part of their cloud transformation journey. Now more than ever they need a flexible data analytics platform that offers confidence in decision making as volatility and uncertainty continue to roil markets,” he said.
Kathy Perrotte, co-founder and CEO of ActiveViam said: “We are excited for this new chapter at ActiveViam. We have a long history of working with clients in the Asia Pacific region to solve their most pressing data analytics challenges and we look forward to continuing to support them and to our continued growth in the region.”
ActiveViam, a global software provider to the financial services industry, delivers a fit for purpose data analytics platform that accelerates confident decision making. For nearly two decades, we have empowered financial services firms to be ready for the unexpected and eliminate blind spots when making decisions. Performing continuous calculation of risk and performance metrics on huge volumes of fast-moving data, our innovative data aggregation and analytics platform helps clients freely explore metrics at the most granular level, detect and diagnose outliers as they happen, and perform real-time impact analysis of 'what-if' scenarios. This results in better business outcomes such as optimized profits, higher yield on investments and reduced exposure to regulatory fines.
Founded in 2005, ActiveViam is a privately-owned company operating in the world’s leading financial marketplaces – London, New York, Singapore, Sydney, Hong Kong, Paris and Frankfurt. Our FRTB solution has been recognized as “FRTB Product of the Year” by Risk and by Waters Technology as the “Best Sell-Side Credit Risk Product.”