After years in the derivatives field, Derivative Path envisioned a solution to a problem our industry faced. Then they assembled the brightest minds to make a change.
They provide a technology-led solution to assist financial institutions and commercial end users in executing and managing their over-the-counter interest rate derivative transactions.
Their team is comprised of derivative industry veterans who have worked for some of the world’s largest capital market firms such as Wells Fargo (and predecessors Wachovia and First Union), ABN AMRO, Societe Generale, Bank of Montreal, Bank of America, Chase (now JPMorgan Chase), U.S. Bank, and Westpac Banking Corporation.
On the sales and execution front, throughout their careers, their team have been strong contributors to and led derivative sales efforts for major banks. They have also helped establish new derivatives back-to-back hedging programs for numerous small and medium-sized financial institution clients.
On the technology front, Derivative Path possesses industry leading expertise. Their technology team is headed by a former Head of Technology at Wells Fargo Securities. Additionally, the team comprises senior leaders with backgrounds in rates and commodities trading and risk, as well as application development.
DerivativePath has developed a state of the art derivative trading platform, DerivativeEDGE, which they make available to clients. This platform helps them automate key aspects of their clients’ trading operations and the tasks necessary from a trade servicing standpoint, as well. The platform provides a regional/community bank the confidence to operate a hedging program vis-à-vis the requirements of its regulators/auditors.