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People moves news

Transcend hires former managing director of CloudMargin


10 February 2020 New York
Reporter: Natalie Turner

Generic business image for news article
Image: Shutterstock
Transcend, a US collateral management optimising technology provider, has hired Lis Hadingham from CloudMargin.

Hadingham joins Transcend鈥檚 sales team where she will help drive the company鈥檚 expansion and global growth.

Based in New York, Hadingham will report to Transcend鈥檚 head of sales BJ Marcoullier.

Transcend says it chose Hadingham for her more than 20 years of experience in the securities finance industry, which includes an extensive background in collateral management and financial technology sales.

For CloudMargin, Hadingham was involved in launches and leading its sales and business development initiatives in the Americas.

Before that, Hadingham held senior roles at FIS (formerly Sungard) selling collateral management and securities finance software solutions, and at Citibank鈥檚 capital markets group focusing on equity finance sales for repo and securities lending.

Hadingham also spent 14 years at J.P. Morgan Chase helping to expand the bank鈥檚 collateral solutions.

鈥淚鈥檓 thrilled to join the Transcend team of experts in helping evolve the industry鈥檚 capabilities in global inventory optimisation, regulatory reporting and operational efficiency,鈥 says Hadingham.

Of Hadingham鈥檚 appointment, Marcoullier adds: 鈥淗er extensive experience leading sales in the collateral management and securities space will play a pivotal role as Transcend supports a growing roster of clients and unique products.鈥
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