Wematch, the award-winning dealing workflow platform for traders, sales, and brokers, today announces the appointment of Ed Hochstadter Jr. to the position of Head of SBL Sales & Coverage for North America. Ed’s primary focus in this role will be to develop US securities lending coverage, onboarding new business partners, and product development.

Ed is a senior securities finance professional with 25+ years of experience at tier 1 financial firms such as JP Morgan and Bear Stearns: these roles have allowed him to work on a variety of products, including securities lending, collateral management, and balance sheet optimization.

Joseph Seroussi, Co-founder & CEO at Wematch comments: “As Wematch continues to grow, we’re on an aggressive recruitment drive in North America: Ed’s vast securities lending experience makes him the ideal fit to help us sustain our current growth. He’s a strong addition to our Team to ensure that we continue to deliver against our client’s requirements.”

Ed Hochstadter Jr. adds: “I’m excited to be joining Wematch at this point in their North American development and I’m looking forward to working closely with market participants and the Wematch Team to deliver our SBL platform successfully.”

Wematch’s Securities Lending product is part of a suite of workflow solutions aimed at the Securities Financing markets and which includes Total Return Swaps, Repos, and Sales to Trader among other modules. More details are available here.

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