Appointment Further Strengthens and Diversifies Axiom’s Expertise in Bank Contracts and Compliance Operations
Axiom, a leading provider of technology-enabled legal services, today announced that Mathew Keshav Lewis has joined the firm as the Co-Head of its Global Banking Practice. In his new role, Lewis will partner with Axiom’s growing portfolio of banking-sector clients to further develop innovative, technology-enabled responses to the complex and rapidly evolving regulatory and compliance landscape.
Axiom has developed a transformative approach toward helping big banks solve complex global legal and regulatory challenges, using technology and process expertise to accelerate revenue, enhance transparency and reduce risk. For example, Axiom recently announced a $73 million, multi-year global partnership with one of the world’s largest banks to create an industry-leading approach to managing risk in OTC and cleared derivatives, collateral and related client agreements.
Lewis brings to Axiom over 15 years of experience with entrepreneurial, fast growing, and adaptive software and services-oriented businesses within the financial markets. He has considerable experience specific to collateral and margin management, clearing and settlement services, know-your-customer (KYC) and client onboarding, reference data, syndicated loans and trade processing.
The breadth, depth and diversity of Axiom’s expertise in this industry is second to none. Said Sandy Devine, Executive Vice President, Axiom: “We are steadily and consistently building an unparalleled capability for contracting in big banks. Mathew’s expertise in the application of technology and ‘Big Data’ to the banks’ regulatory and compliance challenges is a further complement to Axiom’s transformative and multi-disciplinary approach to the industry.”
“Regulations and compliance mandates present a minefield of costs and obstacles to banks as they struggle to keep up with an ever changing landscape,” said Lewis. “But it can also present significant opportunities for banks that embrace innovative responses to the new challenges.” According to Lewis, Axiom’s approach, leveraging rich contract data and analytics, promises to transform how leading banks respond to Dodd-Frank, EMIR and Basel III regulations, manage capital, and better serve clients.
Prior to joining Axiom, Lewis served as Global Head of Client Engagements and Partnerships for DTCC company Clarient Global LLC. He also served in various roles with DTCC directly. In 2013, Lewis was named to the Financial News 40 Under 40 Rising Stars in Trading and Technology. He received his executive MBA from the University of Chicago Booth School of Business in 2014.
Lewis joins Barry Quinn as practice Co-Head. Quinn joined Axiom in 2014 after 12 years at SEI, a leading global provider of investment processing, investment management, and investment operations solutions. Both Quinn and Lewis will focus on growing Axiom’s relationships with global banks.