Transcend appoints Steve Vena 19 August 2021US Reporter: Carmella Haswell
Image: Transcend
Transcend announces the appointment of Steve Vena to business specialist.
Based in New York, Vena will be responsible for expanding Transcend’s business and product strategy to solve complex operational challenges at financial institutions.
In a career spanning more than 30 years, Vena has leveraged his operational background to lead global capital markets transformations at both HSBC and Jefferies. He has also led global teams at firms including Lehman Brothers, Deutsche Bank and Millennium Partners.
Additionally, Vena has played major roles in industry initiatives, such as ISDA’s credit derivatives working group.
Vena says: “Transcend’s technology achieves STP, from collateral optimisation to booking automation, reducing manual effort in a very controlled and scalable way from the front- to back-office. I look forward to contributing to further product development and helping more clients as they adopt our solutions.”
Bimal Kadikar, CEO of Transcend says: “Steve’s vast global capital markets knowledge will help us meet our clients’ objectives for end-to-end efficiency and control, while supporting Transcend’s expansion both globally and into new markets.”
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Image: Transcend 