Introduction
According to Acadia, a company that is part of the London Stock Exchange Group and offers services related to risk management, Xabier Anduaga has been hired as a partner in the Quantitative Services team. Anduaga will report to Robert Kirchner, a partner at Quaternion, which is considered Acadia’s Quant Services business.
Anduaga will be based in the London office of Acadia. As part of his new responsibilities, he will be in charge of expanding the quantitative consulting business of the company in the United Kingdom, taking into account changes in the legal environment and trends in the market, as well as gaining new customers. The objective of the Quantitative Services team at Acadia is to provide services to clients in the financial services industry that include comprehensive risk modeling, market risk analysis, and regulatory compliance advice.
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The company is of the opinion that the inclusion of Anduaga will strengthen the expansion of the team, thereby strengthening its capacity to provide cutting-edge tools and consultation for risk analysis and financial resource management to a clientele that is expanding. In his new position, Anduaga brings with him more than ten years of experience in trading risk modeling and model risk management for various clients in the global banking industry.
A former employee of PwC, he most recently held the position of director of traded risk analytics. In this role, he was responsible for assisting in supervising internal model methods (IMM) and internal model approaches (IMA) for banks in the United Kingdom and the United States, as well as creating benchmark models. He had been working as an associate director at CRISIL, a company that specializes in financial analytics, for close to six years prior to then.
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Industry Comments
Commenting on the appointment, Scott Sobolewski, co-head of Acadia Quantitative Services, says: “Xabier has a proven track record, leading global quantitative risk and analytics teams and managing a high-value client base within the investment banking sector. “His deep expertise in financial risk and compliance consulting will be instrumental in building out our quantitative services capabilities.” Anduaga adds: “I look forward to working with the expert team to optimise our risk management capabilities and help clients navigate complex market challenges with confidence.”
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Conclusion
Acadia, a leading risk management company, has appointed Xabier Anduaga as a partner in their Quantitative Services team. Anduaga brings over ten years of experience in financial risk management to the role. He will be responsible for growing Acadia’s consulting business in the UK, helping clients navigate complex market challenges and meet regulatory requirements. Anduaga’s expertise in areas like risk modeling and regulatory compliance will be invaluable to Acadia’s clients. His appointment reflects Acadia’s commitment to providing cutting-edge risk management solutions to the financial services industry.
- A smart person who knows a lot about how to manage financial risks has joined a company called Acadia.
- This company helps other companies understand and control their risks.
- The new person will help Acadia grow its business in the UK by providing expert advice to clients.
- This is good news because it means Acadia can offer even better risk management services to its customers.
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