Axioma Names Toby Kovacs Head of US Sales East;
Chris Canova Promoted to Head of US Sales West
NEW YORK, May 16, 2007-Axioma Inc., a leading global provider of portfolio rebalancing and risk analysis tools for the financial services industry, today announced the appointment of Toby Kovacs as Director of Sales and Account Management, US East. Kovacs joins Axioma from Thomson Financial where he headed the US sales force for Investment Management Portfolio Analytics (formerly known as Vestek) since 2005.
From 2003 to 2005, Kovacs was Sales Director for Thomson's Corporate Investor Relations Services. Before joining Thomson, he was with two small entrepreneurial firms-NYPR , a technology marketing firm, and Vertek Corporation, a CRM software vendor. Kovacs started his career at AT&T where he spent almost eight years in Sales and Client Services.
"Toby brings to Axioma a unique blend of experience from large, multi-national corporations as well as smaller, entrepreneurial firms," said Olivier d'Assier, Axioma's Vice President and Global Head of Sales. "Toby's skills, leadership and enthusiasm will be a great benefit to Axioma as we continue to deliver a growing range of innovative and exciting products and services to our clients worldwide."
Axioma also announced the promotion of Chris Canova to Director of Sales and Account Management, US West. Canova has been with Axioma, based in San Francisco, since July 2006. Prior to joining Axioma, Canova was with MSCI Barra.
"Chris's performance and dedication to client service have been outstanding," said d'Assier. "As Axioma continues to grow, we remain steadfastly focused on providing the best products, service and support in the industry."
About Axioma
Axioma, Inc. develops and markets innovative portfolio rebalancing, risk analysis and performance attribution products for the financial services industry. Founded in 1998 and headquartered in New York, Axioma helps leading financial firms to increase returns, productivity and scalability by improving the efficiency and speed of their investment processes.
For additional information, please contact Ellen Kiernan at 212-991-4503.