Joseph Parascandolo has joined Wematch.live as director of securities lending sales and coverage for North America.
Based in New York, Parascandolo brings more than two decades of experience in securities lending.
Most recently, he spent five years as an associate director at EquiLend. He has also held roles at J.P. Morgan, UBS Investment Bank and Morgan Stanley.
Parascandolo’s appointment follows several recent hires at Wematch, including Grant Davies as head of EMEA equities sales.
Commenting on his appointment, Parascadonolo says: “I am excited to join
Wematch and contribute to the company’s growth and success in North America. Wematch’s dedication to transforming the securities lending industry resonate[s] strongly with my own values and aspirations.”
Ed Hochstadter Jr., head of SBL sales and coverage for North America at Wematch, comments: “[Joe’s] extensive experience and deep industry knowledge will be invaluable as we continue to expand our presence and deliver innovative solutions to our clients in the region.”
