Transcend, a collateral and liquidity optimisation technology provider, has added former ENSO Financial CTO Kayur Parekh to its technology leadership team.
In his new role, Parekh will focus on accelerating Transcend solutions and capabilities on the cloud and refining the solutions for the buy-side.
Prior to Transcend, Parekh took lead in technology transformation on the next generation of ENSO solutions focused on cloud and microservices based architecture.
In total, Parekh has more than 18 years of technology and financial markets experience and held a number of roles before ENSO Financial, including senior technology director at NEX.
Additionally, he worked as senior vice president at Citi, where he implemented and managed trade captured straight-through processing systems.
Bimal Kadikar, CEO and founder of Transcend, commented: “Transcend is experiencing explosive growth for our analytics, optimisation and regulatory solutions. I have known Kayur Parekh for years and his expertise in developing advanced, scalable systems on the cloud and for the buy-side will accelerate our strong technology capabilities and momentum.”
Parekh added: “I look forward to joining Transcend and leveraging my extensive experience in delivering state-of-the-art technology for cross-asset collateral, funding and liquidity management. I am excited to work with the talented Transcend team to help solve our clients’ complex challenges.”
.jpg)