Helen Nicol joins CloudMargin as Head of Product

Rick Steves

CloudMargin was the first collateral management solution provider to be a member of the SWIFT network, facilitating straight-through processing through settlement.

CloudMargin has appointed Helen Nicol as Senior Vice President, Head of Product, operating out of London and reporting to Stuart Connolly, CEO.

The 20-year veteran with experience in collateral management, financial markets, and law, joins CloudMargin from Lombard Risk, which was acquired by VERMEG in 2018.

At Lombard Risk, she was Global Product Director and was responsible for the firm’s collateral management, clearing, and optimization solution. Throughout 14 years at the firm, she managed teams in London, Singapore, and New York.

Stuart Connolly, Chief Executive Officer at CloudMargin, said: “We’re truly excited to welcome Helen to CloudMargin to run our benchmark product, the CloudMargin platform.

“Her deep experience and expertise in collateral management – both as a service provider and a sell-side market participant – make her ideally suited to lead our product team and bring us to the next level as we continue to grow and enhance our offering. We are also very fortunate to add another strong woman with extensive management skills to our executive team, and we recognize that diversity in our organization and managers make our company even stronger.”

Helen Nicol, Senior Vice President, Head of Product at CloudMargin, commented: “I am delighted to be joining CloudMargin at such an exciting time in the financial technology industry. CloudMargin has laid the foundation to enable standardization of data parameters, creation of efficiencies through configurable workflows, and enhanced connectivity to the market across all sectors, and I am looking forward to working with the team on the expansion of the CloudMargin product suite.”

Prior to Lombard Risk, Ms. Nicol held several banking roles at both UBS and then Credit Suisse in London, including being responsible for new business and derivative legal agreements, including day-to-day management of the bank’s over-the-counter (OTC), repo and foreign exchange (FX) collateral legal agreements.

She has an LLB Honours Law degree and a further Law Society Final Exam qualification from the College of Law in Guildford, UK. Nicol is a member of Women in Listed Derivatives, as well as Women in Derivatives, and is an active participant in the International Swaps and Derivatives Association (ISDA) working groups.

CloudMargin offers a collateral and margin management solution native to the cloud. The firm’s Software-as-a-Service (SaaS) model helps banks, brokerage, and asset management firms meet time-critical regulatory deadlines and reduce growing costs associated with collateral requirements.

CloudMargin was the first collateral management solution provider to be a member of the SWIFT network, facilitating straight-through processing through settlement.

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