CloudMargin lands global head of sales 08 October 2015London Reporter: Mark Dugdale
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CloudMargin has recruited Karl Wyborn as managing director and global head of sales.
Wyborn will be based in CloudMargin’s London headquarters and will oversee all sales activity for its risk and margin management platform for the buy side.
Wyborn spent 18 years at J.P. Morgan Chase, where he divided his time between London and Hong Kong as head of sales and relationship management for clearing, custody and collateral cervices.
Andy Davies, CEO and co-founder of CloudMargin, said: “We are hugely excited to welcome Wyborn into the CloudMargin team. He brings with him a wealth of experience and his extensive collateral management background makes him a very valuable addition to the company.”
“I’m thrilled to be joining CloudMargin,” added Wyborn. “Given the raft of new collateral-related regulation about to be implemented, there is a material gap in the market for a cloud-based, functionally rich and highly automated collateral management platform, aimed specifically at the buy side for all of their cleared/non-cleared activity.”
“CloudMargin is perfectly positioned to meet the requirements of these market participants.”
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