Versana, a digital data and technology company engaged in the syndicated loan and private credit markets, hired Christine Scaffidi and Christopher Fonte as head of product and head of sales, respectively.
Citi is now connected to Versana’s digital data platform, enabling syndicated loans agented by Citi to be available to Versana’s growing subscriber base in real-time.
Versana surpassed a key milestone of more than 1,500 syndicated loan facilities and approximately $900 billion in global loan commitments on its digital data platform in less than a year since its product launch.
Versana launched an industry-backed syndicated loan platform, bringing to market a new centralized solution that digitally captures agent banks’ deal data on a real-time basis, providing the modern foundation for future market innovation and collaboration.
Versana plans to launch an industry-backed syndicated loan platform, joining together banks, institutional lenders and their service providers to bring transparency, efficiency and velocity to this $5 trillion market.