Hazeltree bolsters collateral team
25 July 2019 New York
Image: Shutterstock
Hazeltree has bolstered its product team with the appointment of Joseph Spiro as a director of product management.
In his new role, Spiro will focus on extending the capabilities of Hazeltree Collateral Management.
He will have a specific focus on Uncleared Margin Rules and Standard Initial Margin Model (UMR and SIMM) mandates.
Spiro has been a part of the derivatives industry for over 20 years, specialising in derivatives collateral management.
Prior to Hazeltree, Spiro held senior product and operations management roles at Societe Generale, BNY Mellon, Deutsche Bank and Bank of America Merrill Lynch.
Commenting on his appointment, Spiro said: 鈥淚 am very excited to be joining Hazeltree during these changing times of our industry and look forward to supporting the increasing demands for Hazeltree鈥檚 solutions. I am eager to work with the team as we continue Hazeltree鈥檚 journey.鈥�
Paul Calderone, COO of Hazeltree, commented: 鈥淲ith the final phases of the uncleared margin rules coming into effect in the coming years, our team has been dedicated to helping our clients with their operational and technological needs.鈥�
"Joe Spiro's specific experience with derivatives collateral management makes him an invaluable addition to our team."
In his new role, Spiro will focus on extending the capabilities of Hazeltree Collateral Management.
He will have a specific focus on Uncleared Margin Rules and Standard Initial Margin Model (UMR and SIMM) mandates.
Spiro has been a part of the derivatives industry for over 20 years, specialising in derivatives collateral management.
Prior to Hazeltree, Spiro held senior product and operations management roles at Societe Generale, BNY Mellon, Deutsche Bank and Bank of America Merrill Lynch.
Commenting on his appointment, Spiro said: 鈥淚 am very excited to be joining Hazeltree during these changing times of our industry and look forward to supporting the increasing demands for Hazeltree鈥檚 solutions. I am eager to work with the team as we continue Hazeltree鈥檚 journey.鈥�
Paul Calderone, COO of Hazeltree, commented: 鈥淲ith the final phases of the uncleared margin rules coming into effect in the coming years, our team has been dedicated to helping our clients with their operational and technological needs.鈥�
"Joe Spiro's specific experience with derivatives collateral management makes him an invaluable addition to our team."
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