Transcend Hires Former Managing Director of CloudMargin

Lis Hadingham to help drive the Company’s growth and expansion

NEW YORK, NY (February 10, 2020) – Transcend, a leading provider of real-time collateral and liquidity optimization technology, has hired Lis Hadingham to join Transcend’s sales team, led by BJ Marcoullier. Hadingham brings more than 20 years of experience in the securities finance industry, with extensive background in collateral management and financial technology sales. Her start coincides with an accelerating pipeline of opportunities for Transcend, whose solutions are currently implemented at major banks, including GSIBs.

Before joining Transcend, Hadingham was Managing Director and non-executive board member at CloudMargin where she launched and led the firm’s sales and business development initiatives in the Americas. Prior to CloudMargin, Hadingham held senior roles at FIS (formerly Sungard) selling collateral management and securities finance software solutions, and at Citibank’s Capital Markets group focusing on equity finance sales for repo and securities lending. Prior to Citibank, Lis spent 14 years at J.P. Morgan Chase, initially in London and then New York, successfully helping expand the bank’s collateral solutions.

“We are excited to welcome Lis to our growing team of experts at Transcend,” said Marcoullier. “Her 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.”

“Innovation in the collateral management space is crucial to meeting growing regulatory requirements,” said Hadingham. “I’m thrilled to join the Transcend team of experts in helping evolve the industry’s capabilities in global inventory optimization, regulatory reporting and operational efficiency.”

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About Transcend

Transcend is a leading provider of real-time global inventory and collateral management optimization technology, enabling clients to manage intraday liquidity and regulatory requirements across capital markets. With a modular, front-to-back office approach, clients harness real-time data, collateral and liquidity across their enterprises to unlock greater efficiencies and improve returns on investments. For more information, visit www.transcendstreet.com.

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