4sight Financial Software, a leading provider of software and consultancy to the Securities Finance and Collateral Management markets, has hired Marco Ossanna as Senior Vice President for North America.
Based in New York, Marco will be involved in sales and business development for 4sight's Securities Finance and Collateral Management solutions.
Marco brings a wide range of experience to 4sight, having previously overseen OTC Derivatives Risk Management at the Chicago Mercantile Exchange with a focus on default management and clearing members due diligence.
In other prior roles, Marco managed the Market Risk practice for Intesa Sanpaolo - the second largest Italian bank - in New York and London and was Global Head of Structured Equity Products within the Risk Management Department of the Intesa Sanpaolo Group.
He also founded his own practice to help buy-side firms to tackle the challenges brought by changes in the regulatory landscape by the mandate to clear OTC Derivatives in the USA and Europe.
"I joined 4sight because of its rapidly growing North American customer base and the opportunity to work with a company with a strong focus on both Securities Finance and cross product Collateral Management and Optimisation", comments Marco. "Collateral management has become a key activity for both buy and sell side firms and I look forward to helping 4sight maintain its current rate of growth in this space."
"We are very happy to welcome Marco to 4sight", comments Alastair Chisholm, 4sight Managing Director. "We are currently helping our clients to align themselves with current and forthcoming regulatory changes and Marco brings with him a great deal of experience in this area."