Transcend appoints Tom Garley as senior product specialist
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Transcend appoints Tom Garley as senior product specialist 25 January 2022US Reporter: Carmella Haswell
Image: Dmitry_Kovalchuk/stock.adobe.com
Transcend has announced the hire of Tom Garley as senior product specialist.
Based in New Jersey, Garley will work with buy-side infrastructure participants to identify and design product innovations that address inefficiencies in the collateral management space.
Prior to this role, Garley was most recently product manager for integration services and post-trade solutions for new Dealer-to-Customer (D2C) e-trading platforms at CME Group.
He has helped develop and launch numerous D2C trading platforms and a portfolio of post-trade solutions across firms including Citi, State Street, Bloomberg, and BGC Partners.
Earlier in his career, Garley sharpened his specialist expertise in electronic trading when he joined the Tradeweb management team in 1997 to launch a multi-dealer fixed income platform.
Throughout his 12 years at Tradeweb, Garley contributed toward the firm鈥檚 e-trading expansion and the development of multiple solutions to bring greater automation to post-trade.
Speaking on the announcement, Transcend鈥檚 global head of product management, Todd Hodgin, comments: 鈥淎s we continue to invest heavily in product innovation throughout the financial collateral ecosystem, I am thrilled to welcome Tom as the latest addition to Transcend鈥檚 product team.
鈥淭om鈥檚 experience championing new products across the funding and collateral markets aligns well with our mission to design forward-looking solutions to reduce the costs associated with inefficient liquidity, funding and collateral decisions.鈥�
Garley adds: 鈥淚鈥檝e had the opportunity to work with innovative technology companies, as well as industry advocates, to identify and provide solutions that achieve greater efficiencies around margin mandates and collateral management.
鈥淕iven Transcend鈥檚 emergence as a leader in the collateral space, joining the team was a logical next chapter, and I look forward to contributing to the company鈥檚 success.鈥�
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Image: Dmitry_Kovalchuk/stock.adobe.com 