Axxsys Consulting names Martin Bjorn Jensen Head of Performance & Risk

27 September 2018

Martin Bjorn Jensen has joined Axxsys Consulting’s office in Copenhagen, Denmark. “I am very excited about joining such a forward thinking consultancy organisation,“ said Jensen, who will lead the firm’s global Performance & Risk practice.

The Dane joins the consultancy, a business and technology specialist for the asset management sector, from Abu Dhabi Investment Authority (ADIA) where as a Simcorp Dimension Specialist he managed many aspects of the solutions’ operation in the business. With assets estimated to be as much as $875 billion, ADIA is one of the globe’s largest sovereign wealth funds – ADIA is owned by the Emirate of Abu Dhabi and is primarily tasked with managing the Emirate’s excess oil reserves. Jensen supported the technical side of operations, as ADIA continuously seeks to improve the performance of its asset classes and portfolios through benchmarks and optimisation, as well as streamlining front office and back office activities.

Previously, Jensen worked nearly nine years for Danske Capital where he held various senior positions within performance and risk. Latterly, he served as Chief Controller/ Head of Mid Office, in the role leading two subteams: Performance & Risk (the function which handles everything related to performance calculations, benchmarks, GIPS, UCITS compliant risk reporting and key ratios calculation), and Private Client Investment Support (the arm which ensures that clients are aligned to portfolio strategies).

Earlier in his career, Jensen worked two years for Simcorp, a provider of investment management solutions to asset managers; Danske Capital, the asset management wing of Danske Bank, in his first three year stint at the Danish bank, and; Danish media company Jysk Fynske Medier, where he started his career after obtaining a Master degree in Science and Economics from the University of Southern Denmark.Axxsys Consulting names Martin Bjorn Jensen Head of Performance & RiskAt Axxsys Consulting, a consulting firm with employees serving across offices in London, Toronto, New York and Copenhagen, the most recent addition to the firm’s footprint. Established in April this year, Axxsys Consulting’s Copenhagen office serve the firm’s clients in the Nordics, spanning Denmark, Sweden, Finland and Norway – combined, the four Scandinavian countries constitute a management consulting market estimated to be worth €2.8 billion. From the base in Copenhagen, Jensen will serve regional clients, but will be working with clients and consultant teams across Europe, US and Canada.

Jensen will lead Axxsys’ Performance & Risk practice, in a move that Alix Cheema, the CEO of Axxsys Consulting, describes as a “response to increased demand from investment management firms to use Axxsys’ portfolio management services, specifically focusing on performance and risk expertise.”

“We are seeing the impact of increased regulation and investor demands placing more pressures on asset management firms around the middle and front office to ensure risk is properly managed whilst looking to maximise returns for investors. Martin brings great knowledge and experience of performance and risk, both from a business and technology perspective and will be a valuable asset to the team as we look to increase our support to our clients in this critical area of their business.”

The new leader will also support innovation within the consultancy. Axxsys Consulting has a number of proprietary solutions for performance and risk (known internally as ‘Axxelerators’) that help clients with fast track development and implementation of processes, policies and procedures. “Performance and risk in the investment operations arena has seen much greater focus in the last few years and firms are looking to ensure they have the most appropriate systems in place and have a culture of embracing best practices. Axxsys have recognised this need and I am looking forward to working with their impressive range of clients,” remarked Jensen.

The appointment of Jensen comes two months after Axxsys Consulting added three other senior asset management experts – Caspar Jensen, Henrik Mortensen and Peter Falck – to its growing Copenhagen office.

According to a recent report from Deloitte, Switzerland is the world's largest locale for wealth management assets and services.

Rik de Weerd joins Product League as Chief Digital Transformation

19 April 2019

Product League, a digital transformation agency dedicated to the OutSystems platform, has brought Rik de Weerd on board as Chief Digital Transformation.

Based in the Netherlands, Product League is a rapidly growing digital product specialist. The firm helps clients – including the likes of beer brewer Heineken and grocery players Albert Heijn and Coop – build systems, applications and products by combining a rapid application development approach with an agile way of working. To this end, Product League is dedicated to the low-code platform of OutSystems. 

Against a backdrop of a growing need to transform core legacy systems, as organisations embrace emerging technologies to bolster competitiveness and (digitally) navigate change, low-code is seeing a booming uptake by organisations of all sizes. According to one estimate, by a US analyst firm, the market for low code development is set to double in size from its current value of $1.6 billion roughly every two years during the period until 2025. Alongside peers such as Appian and Mendix, OutSystems is at the forefront of the low-code industry.

According to Rik de Weerd, Product League is uniquely positioned to tap into the growing market for OutSystems services, leveraging its specialist and multidisciplinary approach to help clients “deliver winning products”. He elaborated, “there are many good players in the OutSystems market which deliver excellent technical work. Product League goes beyond this, and additionally brings a focus on the strategic level. The firm is not only a strategic partner with the right toolset, but also brings the determination to take clients wherever they need to go.”

Rik de Weerd joins Product League as Chief Digital Transformation

The Dutchman brings a wealth of experience to Product League, as well as a reputation as one of the Benelux’s OutSystems thought leaders in the low-code industry. Before joining the digital consultancy, he worked for OutSystems from their Benelux office as Lead Solution Architect for Northern Europe. During his tenure, he has led a large number of digital transformation projects and has been responsible for resolving complex business and IT issues. Earlier in his career he held several IT consulting and project management roles. 

Asked about his move from OutSystems to Product League, De Weerd commented: “After five years of evangelising low-code, drawing up countless solutions across Northern Europe and battling 'old habits and short-term thinking’, now it’s time to put my money where my mouth is. I had the privilege to be presented with several new business cases every week in different branches and help blueprint the road to value in all of them. Now I’m eager to take that to the next level and drive the programmes that actually transform corporations into the digital age.”

“Low-code has crossed the chasm, the technology is now here to stay. Searching for new, more effective ways of catalysing their digital transformation, leading companies are realising this. Driving digital transformation as a core competency of Product League is now my mission and I believe it will be an excellent fit.” 

He further pointed at Product League’s ability to provide an end-to-end service, “With a team of product owners, business analysts, UX/UI designers and OutSystems developers, Product League can offer clients the full digital experience. But technology can only take you so far – without the right people, the right mindset and the power to execute, IT stays hypothetical. I believe I’ve found all three in Product League.”