This week marks a major milestone for ActiveViam: Shelley Magee has joined the company as our new CEO. Kathy Perrotte, our CEO and co-founder, will remain involved, working closely with Shelley to ensure a smooth transition through December before continuing in an advisory role from January onward. Kathy and Shelley are both members of the board.
This is a fitting time for such a transition. ActiveViam is in the midst of a highly successful period, experiencing record growth over the past three years. Our clients have validated our belief that effective data analytics is the key to better decision-making and effective risk management in financial services. Now, as we eye the next chapter in our growth story, our board has identified and selected an exemplary leader to pick up the baton. Over the next few months, Shelley will work closely with employees, clients and partners to refine our roadmap for 2025 and beyond. Meanwhile, Kathy will focus on ensuring the completion of key 2024 objectives, and they will work together to deliver the results for the year.
It’s truly an exciting period for ActiveViam. Stay tuned for updates on our ongoing efforts to extend our reach across the capital markets and power better decision-making for as many financial institutions as possible.
On a more personal note – read on for Shelley’s and Kathy’s perspectives on today’s announcement and the road ahead!
A Message from Shelley Magee
I am delighted to be joining the ActiveViam team. This role is the culmination of my 20-year career in the capital markets, and I couldn’t be more excited to get started.
I spent the first 10 years of my career setting and implementing technology strategy for tier-1 sales and trading desks. Since becoming familiar with the ActiveViam product, I have been reflecting on the numerous use cases it could have been applied to within that role. In the ensuing years, the challenges for the industry have only intensified. Data volumes have skyrocketed, and this data must be leveraged in new ways to support multi-asset strategies, complex technology stacks, unique personnel structures and increasingly granular requirements. Unexpected market occurrences and unprecedented world events have shaken everyone’s confidence, and growing momentum around generative AI promises to drive continued disruption.
In my previous role at Regnology, I had the chance to engage with these challenges head-on. There, I was responsible for our global data strategy; my team worked relentlessly to add all firm-wide data to a centralized repository, provide detailed analytics and ensure every user within the firm could make data-driven decisions. It was the ideal lead-in to this next chapter of my career. Whether it’s in driving more effective regulatory supervision or helping the world’s most relied-upon financial institutions stay resilient, I am a firm believer in fintech as a force for good, and I look forward to furthering that mission at ActiveViam.
To that end, I can’t wait to roll up my sleeves and get to work. While there will be far more details to come in the months ahead, one area ActiveViam plans to prioritize is the front office, where I bring a firsthand perspective. Beyond that, we will be working tirelessly to bring ActiveViam to additional corners of the capital markets and around the globe. Our steadfast partners at Nordic Capital will play a key role in getting us there.
With that in mind, I’m fortunate to have a fantastic team at my side. My interactions with my new colleagues have been extremely positive – they bring experience, passion and a front-to-back understanding of data analytics, not to mention a deep connection with ActiveViam’s long-tenured clients. The chance to work with Kathy over the next few months represents a unique opportunity to learn from someone who played such an instrumental role in bringing the business to where it is today.
In short: I’m feeling grateful, energized and driven to help ActiveViam reach the next level. Looking forward to sharing more soon!
A Message from Kathy Perrotte
This week is bittersweet for me – I have chosen to step back in January from day-to-day operation of a company I love. That said, I will remain closely engaged indefinitely as a board member and advisor. As I reflect on the success that ActiveViam has had and my excitement that Shelley will be the one leading the team into the future, my overall feeling is extremely positive.
Our Atoti solution is increasingly recognized as the best data analytics software available to financial services organizations. Our client base now includes half of the world’s largest banks, along with leading hedge funds, asset managers and exchanges. We’ve forged strong partnerships with top technology and data providers, and our revenues have surged accordingly. Put simply, ActiveViam is on a roll.
I feel secure in the technology and solutions we’ve built, the team we’ve assembled and our plans for the future. The time is right. Now it’s time for Shelley and the team to continue to build upon the momentum.
I look forward to doing my part to help make that a reality. While Shelley brings her own vision, I am staying involved to provide my support, offer my perspective and make industry connections. I plan to do everything I can to make this transition as successful as possible.
I firmly believe that the best is yet to come for ActiveViam. To our clients, partners and employees: thank you. It’s been an incredible journey, and I can’t wait to see what’s next.
