• Shelley Magee named new chief executive officer
• Kathy Perrotte to remain engaged as board member and advisor
• Transitional plan will build on company’s position as top provider of data analytics solutions to financial institutions

ActiveViam, a global provider of advanced data analytics and decision-making solutions for financial services organizations, announced today that its Board of Directors has unanimously elected Shelley Magee to succeed Kathy Perrotte as the company's chief executive officer, effective immediately. Ms. Magee will join the Board of Directors, and Ms. Perrotte will remain on the Board and act as special advisor to the company.

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Kathy Perrotte (Photo: Business Wire)

To ensure a smooth transition, Ms. Magee and Ms. Perrotte will work closely together through the end of 2024.

Ms. Magee joins ActiveViam from Regnology, a provider of regulatory reporting solutions, where she has been chief operating officer, since 2022. During her tenure, she successfully implemented a data-driven strategy by introducing firm-wide analytics across all departments within the last three years. She fundamentally transformed the organization’s global operations while fostering a culture of transparency and accountability among all employees. Ms. Magee’s 20-year career began at Accenture, followed by leadership roles designing and implementing front-office trading solutions for global financial institutions – Citi, Morgan Stanley and Société Générale – and technology and product executive functions at Bloomberg and Itiviti.

Ms. Magee’s extensive Tier 1 sell-side network, leadership experience across high-level product and technology teams and deep understanding of the intersection of finance and technology will be pivotal in driving ActiveViam’s innovation roadmap and growth strategies. ActiveViam has built a strong position in the market, with half of the 30 largest banks worldwide – along with leading hedge funds, asset managers and exchanges - using its technology.

Kathy Perrotte, co-founder of ActiveViam, said:

“Shelley has impressive technical, strategic and leadership capabilities, along with deep and relevant experience in capital markets. With ActiveViam’s strong market position, this is the right time to transition to new leadership. I am grateful to my co-founders and all the employees of ActiveViam for their excellence and partnership in making ActiveViam the highlight of my career. I will remain engaged as a board member and advisor and look forward to supporting Shelley as she leads ActiveViam to new levels of success.”

Shelley Magee, chief executive officer of ActiveViam, said:

“I am honored to join ActiveViam, and I look forward to working with Kathy and our exceptionally talented team in the upcoming months to lay the groundwork for our next phase of growth. There is a huge opportunity in offering advanced insights that enhance decision-making across systems, optimize trading strategies, and ensure regulatory compliance for financial institutions, and we’re operating from a position of strength. We look to continue the integral and collaborative work we do with our clients and partners every day, while expanding our reach across capital markets both geographically and through new business lines.”

Emil Anderson, Partner, Nordic Capital Advisors and member of the Board of ActiveViam, said: “Kathy Perrotte has done amazing work leading the ActiveViam team to its position of preeminence in the financial data and analytics market. Shelley Magee is the ideal person to take over the CEO role and the hand-in-hand work she and Kathy will undertake through the transition that will lead ActiveViam to even higher levels of success – financially, operationally and technically.”

About ActiveViam

ActiveViam is a global provider of data analytics software that meets the unique speed and data volume needs of financial services organizations. Atoti, ActiveViam’s fully flexible data aggregation and analytics platform, empowers clients to make better decisions, optimize their profits and manage their risk. With its transactional database and modern, multidimensional OLAP aggregation engine, Atoti is the fastest data analytics software in financial services. That’s why half of the world’s 30 largest banks – along with top hedge funds, asset managers and exchanges – work with Atoti. ActiveViam has approximately 160 employees across offices in New York, London, Singapore, Sydney, Hong Kong, Paris and Frankfurt.

For more information, please visit www.activeviam.com or follow us on Twitter and LinkedIn.

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