Press release

CloudMargin Hires Ex-JPMorgan Managing Director as New Global Head of Sales

CloudMargin, The Risk And Margin Management Company, Name Karl Wyborn As Their New Managing Director, Global Head of Sales.

CloudMargin today announced that Karl Wyborn, Ex-JPMorgan Managing Director, will join the company as its new Managing Director, Global Head of Sales. Based in their London headquarters, Karl will oversee all sales related activity for CloudMargin’s unique risk and margin management platform aimed specifically at the buy-side.

Mr.Wyborn has over 20 years of experience in the financial services market, working in a senior role for numerous firms involved in the collateral management space including 18 years at JPMorgan Chase, where Karl divided his time between London and Hong Kong as Head of Sales and Relationship Management for Clearing, Custody and Collateral Services.

Andy Davies, CEO and Co-Founder of CloudMargin, said: “We are hugely excited to welcome Karl into the CloudMargin team. He brings with him a wealth of experience and his extensive collateral management background makes him a very valuable addition to the company. Our technologically advanced solution and the increasing demand from our customers had led us to look for an addition to the team who would fit into our ethos of innovation, and it is very fortunate that were able to find someone of Karl’s calibre to fulfil this role”.

Karl Wyborn, added: “I’m thrilled to be joining CloudMargin. Given the raft of new collateral related regulation about to be implemented, there is a material gap in the market for a cloud based, functionally rich and highly automated collateral management platform, aimed specifically at the buy-side for all of their cleared/non-cleared activity. CloudMargin is perfectly positioned to meet the requirements of these market participants.”

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