Wematch.live, a leading fintech platform transforming the securities financing industry, is pleased to announce the appointment of Joseph Parascandolo as Director of Securities Lending Sales & Coverage for North America. Joseph will join the growing Wematch team in New York, bringing over two decades of experience in Securities Lending from prominent institutions such as EquiLend, J.P. Morgan, UBS Investment Bank, and Morgan Stanley.

Joseph’s expertise spans client relationship management, sales processes, business development, and financial structuring. His appointment follows several recent strategic hires at Wematch, including Grant Davies as Head of EMEA Equities Sales, David Culshaw as Global Head of Fixed Income, and Vinesh Patel as Head of APAC Coverage. These additions to the Wematch team demonstrate the company’s commitment to expanding its global presence and enhancing its services to clients worldwide.

Ed Hochstadter Jr., Head of SBL Sales & Coverage for North America at Wematch, commented: “We are thrilled to welcome Joe to our growing North American team. His extensive experience and deep industry knowledge will be invaluable as we continue to expand our presence and deliver innovative solutions to our clients in the region. Joe’s client-centric approach aligns perfectly with our mission to provide exceptional service and drive the future of securities lending.”

Joseph Parascandolo expressed his enthusiasm for joining Wematch: “I am excited to join Wematch and contribute to the company’s growth and success in North America. Wematch’s cutting-edge technology and dedication to transforming the securities lending industry resonate strongly with my own values and aspirations. I look forward to working alongside the talented team at Wematch and delivering unparalleled value to our clients.”

With the addition of Joseph Parascandolo to its North American team, Wematch is well-positioned to strengthen its position as a leader in the securities financing space and deliver exceptional results for its clients on a global scale.

To learn more about how Wematch can transform your US securities lending operations, go to wematch.live/us.

The views and opinions expressed are for informational and educational purposes only as of the time of the writing/production and may change at any time. The material may contain “forward-looking” information that is not purely historical in nature. Such information may include, among other things, projections, forecasts, estimates of market returns, and proposed or expected portfolio composition. All information has been obtained from sources believed to be reliable, but its accuracy is not guaranteed. There is no representation or warranty as to the current accuracy, reliability or completeness of, nor liability for, decisions based on such information and it should not be relied on as such.