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Versana hires industry veteran George Nunn as Chief Operating Officer. Versana today announced that banking executive George Nunn has joined the company as its Chief Operating Officer, succeeding founding COO Bruce Manson. As planned, Manson will retire at year-end following a distinguished 35-year career in fixed income trading and across various data and technology businesses. George Nunn brings more than three decades of financial markets experience from his senior leadership roles at BNP Paribas, HSBC and Credit Suisse. His background spans across many areas of global banking, including sales and trading, strategic transformation and COO oversight of capital markets. In addition, George has contributed meaningfully to financial markets innovation through his former board of director roles at Digital Asset Holdings and Symphony Communication Services. "I am honored to join Versana at such an important moment for the company," said George Nunn. "The industry has long needed the kind of digital connectivity, transparency and technological rigor that Versana is delivering. I look forward to working with the team to scale the core data platform, bring additional solutions to market and help drive the next wave of modernization across this important segment of the debt capital markets." As COO, George will work closely with Founding CEO Cynthia Sachs to guide Versana through its next phase of growth, scale the company's operational infrastructure and deepen its impact across the $8 trillion broadly syndicated and private loan markets. "We're delighted to welcome George to Versana," said Cynthia Sachs, Founding CEO. "His extensive operational experience and background in market structure innovation make him an exceptional fit for us. We wish Bruce the best in retirement - he was an incredible partner from day one and played an instrumental role in Versana's growth by establishing and expanding our operational functions over his four-year tenure." This transition comes amid Versana's accelerating momentum and next-level growth. This year alone, the company launched its second product offering, the Versana Reconciliation Module, a first-of-its-kind position matching tool for lenders, and the loan market's first-ever cashless roll solution linking amended facilities to their original commitment. This, along with steady increases in facility data to over $5.5 trillion in notional value, underscores Versana's mission to modernize the broadly syndicated loan and private credit asset classes. About Versana Versana is an industry-backed enterprise data and technology company transforming the syndicated loan and private credit markets. By digitally capturing agents' loan data on a real-time basis, Versana provides unprecedented transparency into global loan level details and lender portfolio positions, bringing efficiency and velocity to the entire asset class. Through its centralized platform, participants can rest assured they are accessing the loan market's most credible source of deal information. With the support of its investors, Versana is fast becoming the data provider and technology of choice to usher in the long-awaited modernization of the $8 trillion loan market. For more information, visit versana.io.

Versana launches syndicated loan market's first cashless roll solution with J.P. Morgan leading adoption. News provided by. NEW YORK, Oct. 20, 2025 /PRNewswire/ - Versana today announced that J.P. Morgan has become the first administrative agent ("Agent") of broadly syndicated loans ("BSL") to implement Versana's cashless roll capability on its centralized, real-time digital platform. This first-of-its-kind feature links an original loan facility's transaction history (e.g. cash flows and settled trades) to subsequently amended facilities' information to improve portfolio management and operational efficiencies for lenders. The launch of this innovative functionality further validates Versana's value proposition and mission to modernize the $8 trillion BSL and private loan markets. For almost two decades, the BSL asset class has needed an information and technology solution to resolve the fragmented complexity of managing its high volume of loan refinancings and repricings implemented via cashless roll mechanics. Versana has now launched an industry-wide solution, with J.P. Morgan leading the market by being the first Agent to adopt this advanced feature. Joseph Ferraiolo, Head of Debt Capital Markets Operations & Merchant Bank Policy at J.P. Morgan, said: "With over 50% of market volume year-to-date occurring in repricings, this cashless roll functionality is a significant benefit to all loan market participants, enabling them to seamlessly track an initial loan position through to its new refinanced facility. J.P. Morgan is proud to be the first agent to implement Versana's cashless roll capability, allowing our lender clients to now string together their full position history." * Seamless Transaction History from Loan Origination: Linkage of an original loan facility's cash flows and settled trades to subsequently amended facilities' information, thereby providing a full historical record of loan activity through the entire loan lifecycle * Golden-Source Agent Information: Access cash flow, transaction and lender level information from Agents' golden-source loan servicing systems rather than legacy piecemeal methods * Real-Time Updates: Cashlessly rolled amended facilities are available and linked to the original facility at close of the amendment "This first-ever solution for cashless rolls solves a long-standing pain point in the BSL market," said Cynthia E. Sachs, Founding CEO of Versana. "With this release, J.P. Morgan continues to demonstrate its leadership by being the first adopter of our cutting-edge functionality. We're excited to now expand this across all Agents for the benefit of all participants." Versana's cashless roll solution builds upon the company's continued growth, which now offers facility information on over $5 trillion in notional loan commitments on its next-generation platform. About Versana Versana is an industry-backed enterprise data and technology company transforming the syndicated loan and private credit markets. By digitally capturing agents' loan data on a real-time basis, Versana provides unprecedented transparency into global loan level details and lender portfolio positions, bringing efficiency and velocity to the entire asset class. Through its centralized platform, participants can rest assured they are accessing the loan market's most credible source of deal information. With the support of its investors, Versana is fast becoming the technology of choice to usher in the long-awaited modernization of the corporate loan market. For more information, visit versana.io. Versana Forefront Communications for Versana [email protected] SOURCE Versana