AxiomSL Taps Data, Tech Vet Tierney in Asia

Tierney was previously chief executive of the DTCC Data Repository in Singapore and regional head of DTCC’s Deriv/SERV business, prior to which he was a principal of consultancy Saquish Partners. Before co-founding Saquish in 2012, Tierney spent six years at NYSE Technologies as chief operating officer for Asia, regional managing director, and MD of TransactTools prior to its acquisition by NYSE Tech. Before that, he held senior business development roles at BT Radianz in Asia and New York, prior to which he was deputy MD for the Americas at Omgeo and held various roles at Thomson Financial ESG before its joint venture with DTCC to create Omgeo.

Based in Singapore, Tierney reports to AxiomSL global chief executive Alexander Tsigutkin. “Given the increasing level of regulatory and risk requirements that firms are subjected to around the world—many of which are still in flux—financial institutions need a data-driven platform that adapts quickly to change, mitigates risk, reduces costs and delivers a competitive advantage,” Tsigutkin says in a statement. “This is a primary reason [why] financial institutions need automated, innovative, and agile systems with full process transparency to increase operational efficiency. Peter’s deep experience and proven track record in leveraging existing technology and legacy systems will be the catalyst we need to extend our value and thereby optimize AxiomSL’s platform to adapt to constant change.”