Transcend, a leading provider of analytics, optimisation, and automation for collateral, liquidity, and funding, has enlisted Rajen Patel to lead European sales, strategy and expansion efforts.
As Transcend continues to expand its global footprint and client-base, it is critical to build a strong European presence dedicated to regional-specific requirements and challenges. Based in London, Rajen will help drive new customer relationships and deepen existing ones around the world.
“Transcend is committed to providing our clients with global solutions backed by strategic expertise,” said Bimal Kadikar, Transcend’s CEO. “As we continue to grow our global client footprint, Rajen’s domain expertise and industry experience will help us evolve our product and business strategy.”
Rajen joins Transcend with over 20 years of Capital Markets experience. He is a former Managing Director at Morgan Stanley who served in various securities finance trading and management roles across New York, London and Tokyo. Most recently prior to joining Transcend, Rajen was the COO and CRO of a macro hedge fund in London.
“Financial firms in Europe face many unique regulatory and operational obstacles,” said Patel. “I look forward to helping the industry solve the complex challenges associated with optimising and mobilising collateral.”
Transcend is a leading provider of optimization solutions for collateralized businesses. With a growing roster of world-class banks and other financial institutions as clients, the firm is quickly becoming the gold standard for the real-time, firm-wide management of inventory, funding and liquidity. With more than 115 employees globally, Transcend addresses an array of regulatory and capital challenges that are facing the industry with a user-friendly, SaaS-based or on-prem collateral and liquidity management platform. For more information, visit transcendstreet.com.