Collateral Management is now a key function for financial firms, and so it is vitally important to have access to a cutting edge solution at an affordable price.
London (PRWEB UK) 5 July 2016
CloudMargin, a financial technology firm providing a SaaS based collateral and margin management platform, today announced it has appointed industry expert David Little as Non-Executive Director, joining the board of the FinTech company with immediate effect.
Mr. Little joins CloudMargin as an accomplished financial technology professional with senior level experience in software and services. Over the last 20 years, Mr. Little has developed a successful track record in investment, business development and marketing with a particular focus on Securities Finance and Collateral Management within the Capital Markets arena.
Before joining CloudMargin, David held various roles including Managing Director of Strategy and Business Development for Calypso Technology Inc., where he was responsible for the development of Collateral and Securities Finance as a strategic business area of focus.
David Little said: "I'm very excited to join and invest in CloudMargin. Collateral Management is now a key function for financial firms, and so it is vitally important to have access to a cutting edge solution at an affordable price. Spreadsheets simply won't do and traditional installed products are too costly and time consuming for most firms. CloudMargin's SaaS solution is quick to deploy, easy to use and affordable by all. CloudMargin is well funded, has a user base that is growing fast and has an exciting future."
Steven Husk, the recently appointed Executive Chairman of CloudMargin, comments: "We are really pleased to have David join the CloudMargin team, where undoubtedly his knowledge and expertise in the collateral field will prove invaluable to CloudMargin’s future success. David brings with him a wealth of experience from the collateral technology space and has a track record of supporting innovation.”
The new regulatory landscape is significantly impacting all users of collateral. CloudMargin therefore responded to these new industry trends by becoming the first cloud-based risk and margin management platform aimed specifically at the buyside. This evolution in approach allows the buyside to meet their new, post-crisis objectives whilst bypassing many of the shortfalls of legacy, on-premise software and outsourced alternatives.
There is no other solution available today that addresses the current and future challenges of collateral management like CloudMargin - for more information, please see http://www.cloudmargin.com