29 August 2016
Rockall, the global expert in collateral management technology for the banking book, today announced it has appointed Doug Meads as VP Sales, Americas. This executive appointment strengthens Rockall’s North American presence and supports the company’s growth plans.
Dublin – August 29, 2016 – Rockall, the global expert in collateral management technology for the banking book, today announced it has appointed Doug Meads as VP Sales, Americas. This executive appointment strengthens Rockall’s North American presence and supports the company’s growth plans. Doug brings exceptional experience of new customer acquisitions, client sales and partner management in financial services to the expansion of Rockall’s client base in the Americas. He is a dynamic technology sales leader with a demonstrated ability to lead the expansion of revenue, sales process development and performance management. He has spent almost 20 years in sales and client-facing roles with various financial services and fintech companies, including Altos Capital Management, Advent Software and Dassault Systems.
“I’m delighted to welcome Doug to Rockall,” commented Richard Bryce, CEO. “Rockall has experienced dramatic growth since the launch of COLLATE, our Enterprise Collateral Management solution. With Doug on our team, we can build on this momentum to acquire new customers and capitalise on our leadingedge technology”.
Doug holds a BSc from Santa Clara University and an MS in Industrial Psychology from Pepperdine University.
Rockall is the global expert in collateral management technology for the banking book, enabling many of the world’s top banks manage over $2 Trillion worth of collateral daily, helping them to handle the complexity required to drive high volume and high-value loan books while safeguarding against risk. Rockall builds and integrates systems that enable financial institutions accurately manage and assess credit risk, supporting a deep understanding of the credit exposures that drive capital requirements and RWA.
COLLATE is Rockall’s Enterprise Collateral Management solution. COLLATE is highly configurable and delivers collateral data quality and integrity by ensuring that collateral is in place, properly accounted for and perfected. COLLATE’s single repository for all collateral data provides a unified view of credit risk across the enterprise, helping to reduce RWA, satisfy regulatory demands and improve credit risk management; all of which can contribute to risk mitigation with capital and treasury savings.
FASTNET is Rockall’s next-generation Securities-based Lending (SBL) collateral management solution. SBL depends on the ability to monitor loan-to-value ratios when the underlying collateral is both liquid and volatile. FASTNET’s robust portfolio evaluation engine, fed with daily pricing data, powers automated handling of real-time qualification, monitoring and release. FASTNET supports concentration analytics for defined ticker symbols, sectors and geographies, generating alerts by exception. Rockall clients are seamlessly deploying SBL with limited up-front cost and internal disruption to drive significant SBL business growth with risk-managed scalability.
Rockall Technologies has 17 years of experience dedicated to collateral management and is included as one of the top 100 risk technology companies in the world in the RiskTech100®, globally acknowledged as the most comprehensive study of the world’s most significant risk and compliance technology companies. Collateral management is all that we do.