Source: Transcend
Transcend, a leading provider of real-time collateral and liquidity management technology, has appointed BJ Marcoullier Head of Sales. In this role, Marcoullier will be responsible for driving the firm’s business development efforts.
Before joining Transcend, Marcoullier spent 22 years at JPMorgan Chase, most recently leading its North American liquidity and funding team within equity finance and prime brokerage. He also led funding, liquidity and capital optimization efforts for its US broker dealers and prime brokerage business and managed the Americas securities borrow and loan desk.
“While some institutional functions have leapt forward in the last decade, the use and optimization of collateral remains gridlocked in days gone by,” said Marcoullier. “When deciding between options for my next role, Transcend’s combination of vision for making enterprise data aggregation, analytics and optimization a business-driving strategy and the technology to fulfill that promise was unrivaled.”
“BJ has a reputation for catalyzing change within one of the world’s largest institutions,” said Bimal Kadikar, CEO and Founder of Transcend. “He’ll be critical to expanding our business and a game changer to our industry as institutions develop strategies to analyze and optimize collateral more holistically.”