Jonathan Hodder has been appointed director of sales for Europe, the Middle East and Africa at Transcend’s London office.
In this role, Hodder will focus on growing Transcend’s global footprint, particularly expanding the company’s physical presence in Europe and penetrating the Asian markets.
Hodder brings more than 20 years of experience to Transcend. He joins the firm from the Securities Finance and Collateral Management division at FIS, where he was positioned as head of sales for Europe.
Prior to this, Hodder held a seven year term with EquiLend as director and global head of sales and marketing from 2011 to 2018.
Speaking on the announcement, Hodder says: “I am looking forward to building on Transcend’s success driving efficiency and innovation in the collateral optimisation space.
“As we accelerate our impact in Europe and make inroads into Asia, I look forward to being a part of the company’s continued evolution as a critical enterprise solution for collateralised businesses.”
BJ Marcoullier, head of sales and business development at Transcend, comments: “Transcend has seen tremendous growth over the last few years, which can be largely attributed to the addition of high-quality industry professionals like Jonathan.
“As we look to scale this momentum, Jonathan will play an instrumental role in helping us address regional-specific challenges and continue to deliver a best-in-class solution suite and client experience.”
Bimal Kadikar, founder and chief executive office of Transcend, adds: “Jonathan is coming on board during a time when the securities finance space is experiencing a great deal of change, with a greater focus on optimisation due to rising collateral, margin and operational costs.
“Jonathan’s expertise will be a great asset as we continue to enhance our product offering to address burgeoning challenges. It is an exciting time for Jonathan to be joining our team to not only help us expand our presence into new regions, but also bring a fresh set of ideas to one of the capital market industry’s fastest-evolving areas.”
Transcend reports that in the recent months, the firm has steadily built its team, growing by nearly 50 per cent over the last year.
Hodder will play a key role in building Transcend’s sales, business development and engineering teams within the EMEA region as the company looks to onboard new European-based clients in the months ahead.
