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NeoXam Hires Thomson Reuters Veteran To Grow South African Footprint

06 December 2018NeoXam

NeoXam, a leading provider of data management and transaction software solutions dedicated to the financial industry, today announces the appointment of Zilani Rahman as Sales Director for Africa in Cape Town, South Africa.

NeoXam has hired Zilani Rahman to develop full sales activity to service clients in South Africa. Rahman moved to Cape Town in 2010, where he successfully built the Asset Management and Investment Banking & Research business for Thomson Reuters. He has spent almost two decades within the Market Data arena, leading teams across Europe, Africa and the Middle East.

Africa is a continent in which the financial services sector is growing at an astronomical pace. As buy side players and sell side institutions continue to expand, they are faced with increasingly large amounts of data which needs to be managed to keep the business afloat. In order to sustain this growth, firms are searching for efficient, single-point platforms where they can manage their data.

Rahman says: “Demand for data management services from South African businesses has been increasing in recent years, but there hasn’t always been the right offering available. NeoXam’s customizable solution fits the growing industry perfectly, and our views are aligned on Africa as an exciting new hub for financial activity.”

Yan de Kerland, Head of Sales EMEA at NeoXam, says: “At NeoXam, we strongly believe in Africa as a long-term growth prospect that will be increasingly central to our global strategy. As emerging markets like Africa continue to grow, we see them as harbouring some of the most exciting potential in financial services, and can’t wait to play a role in fostering that.”

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