The founder of MaxCogito Inc. is Steve Akers, a veteran entrepreneur who has founded or co-founded three previous companies. His LinkedIn profile can be found here: https://www.linkedin.com/in/steve-akers-a5111a/ .
His immediate (previous) venture was a company that was founded in Concord MA and was building cloud-based solutions for control of files and documents. In 2012 this company (“Rivelando”) partnered with Bloomberg LP and built a a number of solutions that aided their “Bvault Compliance services” business.
Rivelando was acquired outright by Bloomberg in 2014. Steve and the team stayed together and took on significant work for the company over the next five years. They were re-located to Cambridge MA and Steve also took on a team in New York and together the combined team was tasked to revamp some very significant infrastructure for Bloomberg’s overall terminal business.
Steve and his team built an entirely new message compliance solution for Bloomberg that handles over 70 million messages per day for some of the most demanding financial services customers in the world. The system helps these institutions remain in compliance with strict regulations regarding trading and communication rules. This system is mandatory for institutions that must comply with regulations enforced by several governing bodies.
Through this experience, it became clear that blockchain technology could be a valuable tool to use in the financial services market.
Steve is now focusing his energies on building technologies related to cryptography and networking. Blockchain is built on these two areas of technology and he and his team have gained deep insight into how various blockchains operate and add value to customers. From this experience they have developed their own internal platform for commodities trading.
In addition to this proprietary trading platform, the team is expanding and working on solutions that will help companies in the financial services market better understand and work with distributed public cloud and private cloud networks. The technology is intended to be complimentary to that provided by companies in the financial services and compliance markets. The future technology can help customers protect and preserve the security and integrity of their data as they share it across various computing platforms.
The opportunity to use Cloud based services to help companies comply with regulations and to help them identify business value in their content is a great one. Employing machine learning, data analysis and immutable ledger technology in a single cloud service that can help with privacy protection is a key aspect of the value that MaxCogito intends to provide.
Prior to his work with Bloomberg LP, Steve built companies in the data analysis as well as the security and Internet routing markets. He served as the Chief Technology Officer for two public companies (Lucent Technologies and Shiva Corporation) in addition to his entrepreneurial pursuits.