CloudMargin, a collateral and margin management solutions provider, has appointed former TriOptima senior sales executive David White to the newly-created position of chief commercial officer.
Based in London and reporting to CloudMargin CEO Stuart Connolly, White is responsible for establishing and meeting targeted revenue objectives and overseeing the sales and marketing teams and ensuring cohesive strategies for those areas.
He will also be working with partner firms to create a seamless platform for increased sales cohesion and enhancing the sales management processes, CloudMargin says.
White brings 14 years of capital markets experience in over-the-counter (OTC) derivatives markets and supporting technology.
Most recently he served as head of sales for the triResolve business line of TriOptima, now a unit of CME Group between 2016 and 2019. For the four years prior, he was product marketing executive at TriOptima.
Previously, White spent five years as a consultant and manager at DCG, a derivatives consultancy firm, later known as Sapient Global Markets, specialising in OTC derivatives projects on behalf of tier-one investment bank clients.
“I had a great working relationship with David at TriOptima and am delighted he has joined CloudMargin as our chief commercial officer,” says Connolly. “This is an important new role for us as we continue to grow, and David will hit the ground running, thanks to his deep domain and technical expertise, understanding of our product, and strong working ties with our outstanding partners – such as AcadiaSoft – as well as many in our client universe.”
White adds: “Having worked with Stuart previously, I know I am joining a company with a positive, energetic culture and thoroughly look forward to working with the talented team across the organisation.”
The hire follows the appointment of Miriam Marascio as head of client services.
Marascio joined the firm in March from ClearStream Banking to take charge of CloudMargin's end-to-end care of the firm’s clients, including onboarding, support and ongoing relationship management.
