Wematch has appointed Stéphan Demoulin as head of sales and relationship management for EMEA securities finance.
Based in Paris, Demoulin will report to David Raccat, co-founder and global head of securities financing at Wematch.
Demoulin brings more than 25 years of experience to the role, where he will help Wematch continue its expansion into EMEA.
He joins the firm from his position as head of securities finance and lending at UBS, where he was responsible for a number of functions including trading and risk linked to lending, borrowing and financing flow, tri-party setup, and collateral management schedules.
In addition, Demoulin headed client relationship management between UBS EMEA and APAC regions, such as Hong Kong and Singapore, during his tenure with the firm.
Commenting on the senior hire, Raccat says: “Wematch is on a mission to bring effectiveness and efficiency to managing securities lending workflows, while significantly decreasing operational issues.
“This means combining the best technology and the best talent to ensure Wematch stays at the driving edge. Stéphan’s experience makes him the perfect fit to sustain our current growth curve as we continue to explore new markets in Europe and Asia.”
Stéphan Demoulin adds: “Wematch is building significant momentum, working with clients to
deliver market-leading solutions. I welcome the opportunity to join a team which is pushing the boundaries around how the securities lending community is doing business.
“Digitalisation is changing securities lending’s workflows and I look forward to continuing to spread this message to our clients across the globe.”
