CloudMargin, a financial technology firm and provider of software as a service (SaaS) based collateral and margin management platforms, has secured the services of industry veteran David Little as its newest non-executive director with immediate effect, according to a CloudMargin statement.
Mr. Little lands at CloudMargin after garnering more than two decades of experience in the financial technology realm. The bulk of his career has been dedicated to securities finance, collateral management, and business development. He will lean on his lengthy experience in helping join CloudMargin’s board.
He has held several senior level roles previously, including stints at Calypso Technology Inc, having worked at its Strategy and Business Development unit. Moreover, he also worked as its Securities Finance and Collateral Management Director, dating back to 2010.
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Additional stops also include UBS and several other consultancy roles, with the former constituting twenty-five years of his career. At UBS he focused mainly on roles in securities finance, according to information made public on his Linkedin profile.
According to Mr. Little in a recent statement on the appointment: “Collateral Management is now a key function for financial firms, and so it is vitally important to have access to a cutting edge solution at an affordable price. Spreadsheets simply won’t do and traditionally installed products are too costly and time consuming for most firms. CloudMargin’s SaaS solution is quick to deploy, easy to use and affordable by all. CloudMargin is well funded, has a user base that is growing fast and has an exciting future.”
“We are really pleased to have David join the CloudMargin team, where undoubtedly his knowledge and expertise in the collateral field will prove invaluable to CloudMargin’s future success. David brings with him a wealth of experience from the collateral technology space and has a track record of supporting innovation,” reiterated Steven Husk, Executive Chairman of CloudMargin, in an accompanying statement.