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. Both Scaffidi and Fonte will report to Cynthia Sachs, founder CEO of Versana.

In her role as head of product, Scaffidi will be responsible for product strategy and execution of the company’s product roadmap, working closely with David Kamp, the company’s CTO. Scaffidi boasts a background on both the vendor and banking sides of the market. Most recently, she was senior principal product manager for corporate and syndicated lending at Finastra, and previously held the position of head of commercial lending services at Commerzbank.

In his role as head of sales, Fonte will be responsible for leading the company’s sales organization and growing its revenue base. Fonte joined most recently from Amazon Web Services and Bloomberg, where he held senior sales roles in the U.S and Europe.  Prior to that, Fonte worked in the structured products group at Barclays, formerly Lehman Brothers, for more than a decade. 

“We’re thrilled that Christine and Christopher have joined Versana to execute on our transformative mission,” Sachs said. “Christine is a highly respected market veteran with years of relevant, hands-on loan industry experience to take Versana to the next level. Christopher equally brings impressive experience across financial data and technology enterprise businesses. We’re excited for the enormous value they will bring and look forward to their many contributions as we continue to grow.” 

“I’m elated to join Versana in this key position to revolutionize both the broadly syndicated loan and private credit markets,” Scaffidi said. “Having dedicated my entire career to this industry, I’m excited to apply the diverse perspectives I’ve gained as an agent, lender and vendor to further Versana’s mission to digitally scale the loan market.”

“Versana is modernizing a $7 trillion asset class, and I’m thrilled to be an integral part of its journey,” Fonte said. “I look forward to leveraging my experience to further accelerate the company’s growth and expand its market presence.”