(The Hosting News) – CloudMargin has hired Christiaan van der Wal as Head of Service Delivery, effective immediately. Van der Wal joins CloudMargin from Dutch investment manager MN Services in The Hague where he ran Collateral Management and Securities lending. Van der Wal will be based in CloudMargin’s London office reporting to co-founder and COO Stuart McHardy.
Van der Wal said “I’m thrilled to be joining CloudMargin at this exciting time. The industry has been crying out for genuine innovation to cope with increased volumes, added complexity and regulatory upheaval, it’s wonderful to be an integral part of the solution.”
Stuart McHardy, COO of CloudMargin commented: “Christiaan’s in-depth knowledge of Collateral Management and extensive relationship management and product development background makes him a great addition to the company. Christiaan will be instrumental to executing CloudMargin’s vision of being the premier cross-product collateral management platform and delivering unparalleled service levels to our clients. We’re delighted to welcome him to the team at such a busy time for the company while we’re onboarding a number of clients”
Christiaan can be contacted on +44 20 3397 5677 or christiaan(dot)vanderwal(at)cloudmargin(dot)com
CloudMargin is the collateral management technology provider meeting the growing needs of derivatives end-users for an affordable, understandable and functionally complete alternative to spreadsheets, manual processes and legacy collateral management vendors. Focusing on derivatives end-users such as corporate treasurers, insurers, pension funds and asset managers allows CloudMargin to avoid the unnecessary and expensive complications of sell-side focused solutions and instead deliver a cost-effective and understandable web-based platform. Low-cost “pay as you go” menu-based pricing means the end to lengthy technology contracts with punitive exit clauses and costly upgrade cycles. The simple yet powerful web-based interface gives total visibility of proprietary and counterparty or CCP positions while state of the art data visualization and reporting puts clients firmly in control of their businesses.