New York City, NY - December 7, 2004 - Axioma, Inc., a global leader in decision support analytics with offices in New York and Atlanta, today announced the appointment of Daniel B. Cashion to the position of President of Axioma.
"We are very pleased that Dan has joined the Axioma team. His experience in delivering sales, his approach to listening to clients' needs, and his demonstrated executive leadership will assure continued growth and success for the company," said Dr. Sebastian Ceria, Chief Executive Officer (CEO) of Axioma. "Axioma is experiencing a period of rapid growth, and Dan's industry experience will prove invaluable to our firm as we move forward."
Mr. Cashion previously held the position of Vice President at Barra Inc., a $126 million company delivering financial risk management solutions worldwide, where he had served for nearly 8 years. Prior to that, Mr. Cashion worked in the securities business for SBC Warburg and Chase Manhattan, both in Chicago.
"I can not think of a more exciting time to lead Axioma," Mr. Cashion said. "Today more than ever, investment managers have a desperate need to increase their operational efficiency and maximize risk-adjusted returns. Axioma is uniquely positioned to capitalize upon its innovative methodologies and robust decision support technologies to improve our clients' investment performance and products."
Mr. Cashion will be based in the New York City office.
Axioma's founder, Dr. Ceria, will retain his title of Chief Executive Officer
About Axioma
Axioma, Inc., headquartered in New York City, is a private company that develops, markets, and implements optimization modeling and decision support software for the financial services industry. The company was founded in 1998, and since then has helped leading financial firms reduce risk, increase returns and improve operational efficiency. PortfolioPrecision® software is an industry-leading portfolio construction and rebalancing application. "PortfolioPrecision" is a registered trademark of Axioma, Inc.
For more information about Axioma and decision-support solutions for the financial services industry, please call (800) 558-7983 or visit the company's Web site at www.axiomainc.com.
