Vistra strengthens its Loan Market Solutions with key leadership appointments and technology investments

1 February 2023
London, 1 February 2023: Vistra, a leading provider of expert advisory and administrative support to Capital Market, Fund, Corporate and Private Wealth clients, is pleased to announce key leadership appointments and further investments into its technological capabilities to strengthen its Loan Market Solutions (LMS) support to its Private Debt and Structured Finance clients.

Mahen Surnam joined Vistra as the Director, Loan Market Solutions to oversee the continued growth and development of the LMS proposition. He brings 20+ years’ experience in the Loan Agency market, Structured Finance and Private Debt.

On his appointment, Mahen shares, “I am thrilled to be joining Vistra at this critical stage of their growth journey. I have been impressed with Vistra’s existing capabilities that enables LMS to cement their current foothold. I look forward to working with Debt funds and collateralized loan obligations (CLO) Managers globally to enhance their servicing experience.”

Scott Youd joined Vistra as the Technology Lead for Vistra Capital Markets. He is responsible for the technology systems used by Vistra’s Capital Markets platform, including Solvas|Asset Management™. Scott brings 20+ years’ experience covering accounting, funds, loans and securitisation and has a strong understanding of Debt Capital Markets transactions. 

Scott says “I am excited to have the opportunity to further grow Vistra’s Capital Markets platform. I look forward to applying the experience I have in Alternative Investments technology to support the expansion of Vistra’s Capital Markets service.”

Vistra now uses Solvas as its loan administration platform – an industry standard multi-asset class administration system that integrates well with Investran, Vistra’s Fund Administration portal. Together with Vistra’s in-house developed Loan Settlement Application and dashboards, it is in a unique position to bring together technological capabilities and skilled resources to meet the increasing demand of our loan market clients.

“In 2021, we embarked on a journey to solve the pain-points of Loan Markets. We have since made serious investments in technology and talent to provide a full stack solution from loan administration to fund administration, thereby servicing increasingly innovative, bespoke loans in a cost effective and timely manner. We warmly welcome Mahen and Scott to the Vistra family. I am confident that they will help take our Capital Markets business to new heights”, shared Navita Yadav, Global Head of Capital Markets, Vistra.

“We have made significant investments into our technological capabilities and have developed an industry-leading global platform to enhance the client experience with Vistra. We are excited to now use our global platform to become the preferred one-stop outsourcing solution for Debt fund and CLO Managers globally. I look forward to taking these capabilities to more clients in other sectors in the months to come”, said Reem Zahran, Chief Technology & Information Officer, Vistra.  

For more information about Vistra’s Loan Market Solutions, please click here.

About Vistra 

Ranked in the Top 3 in the industry, Vistra is a global Fund and Corporate Service provider with more than 5,000 professionals in over 45 jurisdictions.  Vistra ensures clients reduce risk and enhance efficiency through the provision of expert advisory and administrative support. Vistra’s resilient, scalable, enterprise-wide technology platform is a core enabler of global economic activity. The Market uses it to empower legal entities to work smarter, grow faster, act responsibly, protect capital and scale across borders.