State Street appoints Sam Edwards as APAC collateral management head
16 August 2021 Hong Kong
Image: State_Street
State Street hires Sam Edwards as head of collateral management for Asia Pacific, to lead the build-out of Collateral+ in APAC.
Based in Hong Kong, Edwards will support its regional clients by overseeing developments in its collateral strategy.
He will report globally to Staffan Ahlner, global head of collateral management and regionally to Michele Hardeman, head of global markets at Asia Pacific.
Edwards joins State Street from Credit Suisse, where he established secured financing in APAC and equity financing capabilities in EMEA during his 12 years with the firm. His most recent role was head of Credit Suisse’s Asia Pacific central collateral desk. Prior to this, Edwards spent six years at Lehman Brothers' on the equity and fixed income secured financing desk.
Hardeman says: “With State Street's collateral management solution, Collateral+, clients will have a stronger understanding of their regulatory obligations through our assessment of their portfolios and prepare them to meet new requirements. With this integrated, data-driven platform, combined with Sam’s local knowledge and expertise, we are positioned to support our Asia Pacific clients in improving operational efficiency, achieving UMR compliance and managing risk and liquidity by streamlining their collateral program."
Edwards adds: “The objective for our clients is not only to meet the immediate needs of margin segregation and management, but also to deliver greater ongoing returns in a challenging marketplace.
“To that end, we are partnering with them to enable enhanced inventory, liquidity and risk management to drive financial resource efficiency and overall returns. I look forward to engaging and working with our clients across APAC.”
Based in Hong Kong, Edwards will support its regional clients by overseeing developments in its collateral strategy.
He will report globally to Staffan Ahlner, global head of collateral management and regionally to Michele Hardeman, head of global markets at Asia Pacific.
Edwards joins State Street from Credit Suisse, where he established secured financing in APAC and equity financing capabilities in EMEA during his 12 years with the firm. His most recent role was head of Credit Suisse’s Asia Pacific central collateral desk. Prior to this, Edwards spent six years at Lehman Brothers' on the equity and fixed income secured financing desk.
Hardeman says: “With State Street's collateral management solution, Collateral+, clients will have a stronger understanding of their regulatory obligations through our assessment of their portfolios and prepare them to meet new requirements. With this integrated, data-driven platform, combined with Sam’s local knowledge and expertise, we are positioned to support our Asia Pacific clients in improving operational efficiency, achieving UMR compliance and managing risk and liquidity by streamlining their collateral program."
Edwards adds: “The objective for our clients is not only to meet the immediate needs of margin segregation and management, but also to deliver greater ongoing returns in a challenging marketplace.
“To that end, we are partnering with them to enable enhanced inventory, liquidity and risk management to drive financial resource efficiency and overall returns. I look forward to engaging and working with our clients across APAC.”
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