CloudMargin snaps up Husk
06 January 2016 London
Image: Shutterstock
CloudMargin has appointed Steven Husk to the newly created role of executive chairman.
This new position will allow Husk to lead its collateral management services and drive the company’s plans for domestic and international expansion.
Husk boasts more than 35 years of experience at some of the industry’s leading firms.
Before joining CloudMargin, Husk was CEO of FRS Global where he provided risk-management and regulatory compliance solutions to the financial services industry.
He is also an angel investor and independent director who has worked primarily in the financial services software space.
“I am hugely excited to join a company that has become one of the best growth stories of 2015, and to be given the opportunity to expand on the current success CloudMargin are experiencing is one I could not decline,” said Husk.
“CloudMargin are the only collateral management SaaS solution on the market that allows users of derivatives to meet their new, post crisis objectives set against an environment saturated in regulatory demands. We are now ready to position ourselves as the premium solution for the financial industry’s collateral management needs.”
Andy Davies, CEO of CloudMargin, added: “I am thrilled that Steven Husk has joined CloudMargin. Given the raft of new collateral related regulation about to be implemented, there is a material gap in the market for a cloud-based collateral management solution, thus perfectly positioning CloudMargin to meet the requirements of these market participants.”
“Steven Husk brings with him a wealth of knowledge and experience which I’m sure will prove invaluable to CloudMargin’s future success.”
This new position will allow Husk to lead its collateral management services and drive the company’s plans for domestic and international expansion.
Husk boasts more than 35 years of experience at some of the industry’s leading firms.
Before joining CloudMargin, Husk was CEO of FRS Global where he provided risk-management and regulatory compliance solutions to the financial services industry.
He is also an angel investor and independent director who has worked primarily in the financial services software space.
“I am hugely excited to join a company that has become one of the best growth stories of 2015, and to be given the opportunity to expand on the current success CloudMargin are experiencing is one I could not decline,” said Husk.
“CloudMargin are the only collateral management SaaS solution on the market that allows users of derivatives to meet their new, post crisis objectives set against an environment saturated in regulatory demands. We are now ready to position ourselves as the premium solution for the financial industry’s collateral management needs.”
Andy Davies, CEO of CloudMargin, added: “I am thrilled that Steven Husk has joined CloudMargin. Given the raft of new collateral related regulation about to be implemented, there is a material gap in the market for a cloud-based collateral management solution, thus perfectly positioning CloudMargin to meet the requirements of these market participants.”
“Steven Husk brings with him a wealth of knowledge and experience which I’m sure will prove invaluable to CloudMargin’s future success.”
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