Derivatives trading is our passion

We created technology to make it your passion, too.

We've combined years of experience from the leading firms on Wall Street to create a powerful and beautiful technology solution for the unique workflows of our industry.

The unrivaled ease and unmatched efficiency of our technology makes derivatives a viable option for a wider array of organizations. With hundreds of clients and billions of notional under management, the complexities of regulatory compliance or hedge accounting are a thing of the past.

We see ourselves as partners, bringing our experience to help financial institutions, private equity firms, corporate and commercial end users, and buy-side clients manage their over-the-counter interest rate and FX derivative transactions.

Our team is comprised of derivative industry veterans with experience at the world's largest capital market firms including: Wells Fargo, ABN AMRO, Bank of America, Barclays, CIBC, AIG, and more.

Team

Capital markets experts with the know-how to make your derivative program a success.

Co-Founder and Chief Executive Officer

Pradeep Bhatia

Co-Founder and Chief Executive Officer

Pradeep Bhatia

Pradeep is Co-Founder and CEO of Derivative Path, Inc. Prior to this, Pradeep was with Wells Fargo where he joined as the Head of Bank Coverage in 2006. Pradeep has also worked at ABN AMRO Bank, Societe Generale and U.S. Bank in various capital markets capacities.

President and Chief Operating Officer

John Fleming

President and Chief Operating Officer

John Fleming

John is the President and COO of Derivative Path, Inc. Prior to this, John was with Wells Fargo in its Financial Products group for six years where he managed the technology team supporting the derivatives businesses. John has also worked at Calypso Technology, Integral Development and Societe Generale, where he held various management positions.

Chief Growth Officer

Zack Nagelberg

Chief Growth Officer

Zack Nagelberg

Zack is the Chief Growth Officer at Derivative Path, Inc. following 8 years as its Head of Business Development. Prior to this, Zack was at Wells Fargo Securities, marketing interest rate risk management solutions to banks, credit unions, and non-bank financial institutions.

Chief Product Officer

Frank Purnell

Chief Product Officer

Frank Purnell

Frank is the Chief Product Officer at Derivative Path, Inc. Prior to this, Frank spent seven years at Wells Fargo in a variety of trading and technology roles. Frank has also worked at Keybank where he managed the Interest Rates Derivatives trading desk. Prior to KeyBank, Frank was a Systems Engineer at Ashland Chemical, Inc.

Chief Financial Officer

Kurt Boehringer

Chief Financial Officer

Kurt Boehringer

Kurt is the Chief Financial Officer at DerivativePath, Inc. Prior to this, Kurt was the Head of Finance at Clearpool, a FinTech providing technology solutions to institutional equity investors. Clearpool sold to Bank of Montreal. Before Clearpool, Kurt co-founded EHB Capital and was a Senior Advisor at Ernst and Young.

Interim Chief Compliance Officer

Rachel Parks

Interim Chief Compliance Officer

Rachel Parks

Rachel is Interim Chief Compliance Officer at Derivatives Path, Inc. Prior to this Rachel worked at KeyBank National Association in Cleveland, OH, where she spent over 6 years as Contracts and Regulatory Manager covering the Foreign Exchange desk and the Enterprise Payments vertical.

Chief Technology Officer

Christopher Renaud

Chief Technology Officer

Christopher Renaud

Chris is a hands-on leader with deep technical, business, and regulatory knowledge. Chris joined our team via the Monetics acquisition where he was the CTO. Prior he was a CTO/Co-Founder of a start-up called Zaytion which streamlined the CMBS (Commercial Mortgage-Backed Securities) process. Prior he was the Head of Enterprise Solutions at Natixis on their Real Estate Finance platforms.

Managing Director, Head of Rates

Chris Slusher

Managing Director, Head of Rates

Chris Slusher

Chris is Head of Rates and manages the Hedge Accounting, Sales and Structuring, and Balance Sheet Strategy teams at Derivative Path. Chris has over 27 years of experience in capital markets and commercial banking. Prior to joining the team, Chris managed the interest rate and commodity derivatives business for CIBC Bank USA from 2008 – 2018. Chris began his career at J.P. Morgan in New York.

Head of Business Development

Tom Loffredio

Head of Business Development

Tom Loffredio

Tom brings nearly 20 years of capital markets experience in foreign exchange and interest rate derivatives sales and trading. Prior to this, Tom began the interest rate derivatives sales and trading business for Wells Fargo in Hong Kong and expanded their cash and derivatives offerings. Most recently, he marketed fx payment, hedging and workflow solutions at PNC Bank.

Head of Sales

Stephen Johnson

Head of Sales

Stephen Johnson

Stephen is the Head of Sales at Derivative Path and is responsible for all client acquisition. He brings over 20 years of fintech experience to Derivative Path, most recently as Managing Director, Global Head of Loan Solution Sales at IHS Markit (now S&P). Stephen has vast experience selling complex enterprise SaaS, service, and data products across all financial, private equity and corporate businesses.

Head of Foreign Exchange

Darsh Mariyappa

Head of Foreign Exchange

Darsh Mariyappa

Darsh brings over 30 years of global markets experience across FX, IR and EM trading and sales. He's held various cross-border FinTech advisory roles, following 13 years as Head of Global Markets for Bank of Ireland US. After starting his career at Chase Manhattan Bank, he worked at Amex London and BankBoston Singapore. He holds an MBA from Columbia University and a BA in Finance and Economics from SMU.

Head of FX Product

Matt Petrik

Head of FX Product

Matt Petrik

Matt is the Head of FX Product. Before this, he spent over 23 years at Wells Fargo in various FX roles, most recently managing the product teams responsible for all channels where customers can initiate FX Payments or Hedging. Matt previously managed the internal and external relationships where FX rate services via API were integrated, with a specific focus on US Financial Institutions.

Head of Risk Solutions

Brett Morrell

Head of Risk Solutions

Brett Morrell

Brett is the Head of Risk Solutions at Derivative Path. Brett has over 13 years of derivatives experience and, most recently, spent 6 years in the Global Markets group of Hudson Advisors, where he was responsible for derivatives and capital markets activities related to the global private equity investments of Lone Star Funds and advising other global financial sponsors on their derivatives activities.

Director, Risk Solutions

Ciccy Yang

Director, Risk Solutions

Ciccy Yang

Ciccy is the Director of Risk Solutions at Derivative Path. Prior to this, Ciccy spent 3 years at Hudson Advisors’ Global Markets Group, where she was responsible for advising and executing hedging transactions for Lone Star Funds and other financial sponsors. She started her career at Barclays Capital within FX structuring before spending 8 years in corporate and financial sponsors derivatives coverage.

Senior Associate, Risk Solutions

Brandon Johnson

Senior Associate, Risk Solutions

Brandon Johnson

Brandon is a Senior Associate in the Risk Solutions group at Derivative Path. Prior to joining the team, Brandon spent 3 years on the Corporate FX Sales desk at Barclays Capital where he helped clients identify foreign currency exposures and execute derivatives transactions to manage market risk.

Associate, Risk Solutions

Kathryn Shea

Associate, Risk Solutions

Kathryn Shea

Kathryn is an Associate in the Risk Solutions group at Derivative Path. Prior to joining the team, Kathryn spent almost two years at Truist Securities helping commercial and corporate clients manage both interest rate and foreign exchange risk by structuring and executing hedging transactions.

Head of SaaS Sales

Michael Modlock

Head of SaaS Sales

Michael Modlock

Michael is the Head of SaaS Sales at Derivative Path, Inc. Michael brings over 30 years’ experience in client facing roles in derivatives markets, primarily in interest rate swaps and FX. Prior to joining the team, Michael was Global Head of Sales and Relationship Management at TriOptima, which focused on reducing post trade risks and costs for OTC derivative portfolios.

Vice President of Engineering

Jake Colman

Vice President of Engineering

Jake Colman

Jake is the Vice President of Engineering at Derivative Path, Inc. Jake has almost 30 years of experience managing high performing software development teams. Prior to joining the team, Jake was at Billtrust, a Fintech in the Invoicing and Payments space, and at Principia Partners, a Fintech providing solutions for the structured finance and capital markets.

Product Manager

Maggie Ho

Product Manager

Maggie Ho

Maggie is the Product Manager at Derivative Path, Inc. She brings 20 years of working experience in the capital markets industry. Prior to joining the firm, Maggie spent 14 years at Wells Fargo Securities providing technology solutions across Front to Back office users. She also worked at Calypso Technology and TD Securities where she held various different capital markets related roles.

Implementation Specialist

Mansi Shah

Implementation Specialist

Mansi Shah

Mansi is an Implementation Specialist at Derivative Path, Inc. She brings over 16 years of expertise in the Financial Service industry with expertise in capital markets, risk management and analytics. Prior to Derivative Path, Mansi worked for Wells Fargo, MSCI and Morgan Stanley. Mansi has a degree in Mechanical Engineering and holds FRM (Financial Risk Manager) Certification.

Senior Financial Analyst

Aaron Martinez

Senior Financial Analyst

Aaron Martinez

Aaron is our Senior Financial Analyst. Previously Aaron worked at Ernst and Young as a Senior within their assurance practice auditing global SaaS and media & entertainment companies. He attended Penn State and received a Masters of Science in Accounting.

Head of Balance Sheet Strategy

Isaac Wheeler

Head of Balance Sheet Strategy

Isaac Wheeler

Isaac Wheeler is Head of Balance Sheet Strategy at Derivative Path, Inc. Prior to this, Isaac spent five years at MFS Investment Management supporting execution of fixed income, currency and equity derivatives. Isaac has a B.A. in Economics from Boston University.

Director, Sales and Structuring

Frank Fiorilli

Director, Sales and Structuring

Frank Fiorilli

Frank manages the New York Sales & Structuring team at Derivative Path, where he helps Derivative Path’s bank clients set up and run successful customer hedging programs. Before joining the team, Frank worked at Barclays Capital for eight years, where he started within equity financing and then shifted to coverage of the interest rate derivative sales desk.

Director, Sales and Structuring

Ramon Rodriguez

Director, Sales and Structuring

Ramon Rodriguez

Ramon manages the Chicago Sales & Structuring team at Derivative Path, where he helps Derivative Path’s bank clients set up and run successful customer hedging programs. Ramon has worked in capital markets and technology throughout his career. He has helped build and grow derivative sales businesses at multiple regional and global banks, including LaSalle Bank, ABN AMRO, and CIBC.

Director, Sales and Structuring

Frank Kuriakuz

Director, Sales and Structuring

Frank Kuriakuz

Frank is a Director on the Sales and Structuring team at Derivative Path. Frank has over 20 years of experience in the financial services industry. His interest rate and currency derivatives sales and structuring experience include senior positions at B&F Capital Markets, KeyBank, and The Royal Bank of Scotland.

Associate Director, Sales and Structuring

Jalpan (Jay) Bhatt

Associate Director, Sales and Structuring

Jalpan (Jay) Bhatt

Jay has over 10 years of experience in the financial services industry. Before joining Derivative Path, Jay worked at Valley National Bank, helping run the Bank's customer-level Rates and FX hedging program. Jay also spent time in the bank’s investment analysis team covering the investment portfolio and correspondent banking relationships.

Analyst, Sales and Structuring

Sahil Pankhaniya

Analyst, Sales and Structuring

Sahil Pankhaniya

Sahil is an analyst on the Sales and Structuring team at Derivative Path. Sahil previously worked as an investment analyst at West Potomac Capital and holds a Bachelor’s in Finance & Statistics from George Washington University.

Analyst, Sales and Structuring

J.T. Long

Analyst, Sales and Structuring

J.T. Long

J.T. is an analyst on the Sales and Structuring team at Derivative Path. J.T. holds a Bachelor’s in Economics and a Master’s in Quantitative Finance, with a focus on Risk Management, from Oklahoma State University.

Analyst, Sales and Structuring

Jordan Wank

Analyst, Sales and Structuring

Jordan Wank

Jordan is an analyst on the Sales and Structuring team at Derivative Path. Jordan holds a Bachelor's in Economics from the University of Michigan.

Hedge Accounting Specialist

Von Garces

Hedge Accounting Specialist

Von Garces

Von is a Hedge Accounting Specialist at Derivative Path, Inc. Prior to this, Von was at Wells Fargo Securities helping institutional, large corporate, and commercial clients understand accounting and design considerations for their strategic hedging programs encompassing interest rate, FX, and commodity exposures for 13 years.

Hedge Accounting Specialist

Tom Niemier

Hedge Accounting Specialist

Tom Niemier

Tom is a Hedge Accounting Specialist at Derivative Path. Prior to this Tom Spent 20+ years at Wells Fargo and JP Morgan Chase in a variety of Hedge Accounting and Capital Markets Sales roles. Tom has expertise in accounting, options, and hedging and financing strategies.

Hedge Accounting Product Manager

Jay Shek

Hedge Accounting Product Manager

Jay Shek

Jay’s expertise in derivatives encompasses regulatory reporting, US GAAP, valuations, hedging strategies, and compliance with ASC 815. Before joining Derivative Path, he held senior management positions at Charles Schwab, MUFG, BNY Mellon, and Franklin Templeton. Jay attended Cornell University and is a CPA and a CFA charterholder.

Operations Manager

Mark Kolb

Operations Manager

Mark Kolb

Mark is a Operations Manager at Derivative Path, Inc. Prior to this, Mark worked at BMO Capital Markets N.A. in Chicago, where he spent over 10 years as a Derivative Operations Specialist covering financial institution clients.

Operations Specialist

Michael Pham

Operations Specialist

Michael Pham

Michael is an Operations Specialist at Derivative Path, Inc. Michael previously spent 7 years at Northern Trust where he served as a subject matter expert on cash settlements, automation and IOO processes.

Head of Design and UX

Jeff Davenport

Head of Design and UX

Jeff Davenport

Jeff is the Head of Design and UX at Derivative Path, Inc. Jeff has been designing and building software products for over two decades. Prior to joining the team, Jeff spent seven years as Product Experience Director at Denver startup Closely, Inc. Most recently, he was Lead Experience Designer and co-manager of Acclaro Design.

User Interface Design Manager

Adrienne Enfield

User Interface Design Manager

Adrienne Enfield

Adrienne is the User Interface Design Manager at Derivative Path, Inc. Prior to this, Adrienne worked at Integral Development Inc. starting as a Software Engineer then moving to User Interface Design Manager.

FX Product Manager

Cesar Hernandez

FX Product Manager

Cesar Hernandez

Cesar is an FX Product Manager at Derivative Path, Inc. Prior to this, Cesar spent over 13 years at Wells Fargo in a variety of FX roles, most recently project managing domestic FI clients in integrating FX rate services and settlement to Wells Fargo, Cesar worked for Washington Mutual Bank as a Sr. Personal Banker a couple of years after starting his career as an Electrical Engineer.

Application Developer

Gayathri Ravibalchandran

Application Developer

Gayathri Ravibalchandran

Gayathri is an Application Developer at Derivative Path, Inc. Prior to this, Gayathri was with Wells Fargo for about four years developing software systems for the Financial Products group. Gayathri started her career with Ford Motor Company in India where she worked in various roles including application development.

Application Developer

Bruce Wiliams Jr

Application Developer

Bruce Wiliams Jr

Bruce is an Application Developer at Derivative Path, Inc. Prior to this, Bruce spent over three years at Wells Fargo as an Applications System Engineer in the Wells Fargo Securities department. Prior to Wells Fargo, Bruce worked for various companies in the insurance, health and educational industries, and also as an independent contractor.

Application Developer

Hussain Zaidi

Application Developer

Hussain Zaidi

Hussain Zaidi is an Application Developer at Derivative Path, Inc. Hussain has fifteen plus years’ experience in the Healthcare industry doing agile development using Microsoft stack.

Application Developer

Dan Arena

Application Developer

Dan Arena

Dan Arena is an application developer at Derivative Path, Inc. Before that, Dan has served as a developer, tech lead, and architect at several companies across multiple industries. He received his B.S. with honors in Computer Science from West Chester University of Pennsylvania in 2011 with a minor in Web Development, receiving the Department Award for Outstanding Scholarship.

Software Architect

Brad Jolicoeur

Software Architect

Brad Jolicoeur

Brad is a Software Architect at Derivative path. Brad has just over 20 years of experience as a full-stack developer and software architect and most recently worked for Afterman Software, a consultancy specializing in distributed systems architecture. In recent years Brad has focused on mastering and applying the skills to help teams transform their systems into distributed cloud-native systems.

Financial Engineer

Ivaylo Karageurov

Financial Engineer

Ivaylo Karageurov

Ivaylo is a financial engineer at Derivative Path, Inc. Prior to this, Ivaylo received rigorous financial quantitative training while attaining his Master of Financial Engineering degree from Haas School of Business, UC Berkeley. During the MFE program he interned for Atlas Capital Advisors where he was in charge of automating the portfolio optimization process.

Financial Engineer

Qian He

Financial Engineer

Qian He

Qian is a Financial Engineer at Derivative Path. Prior to this, Qian worked at MUFG America's Model Risk Management department as a model risk manager. Qian has expertise in implementing and validating derivative pricing models and risk models across asset classes. Prior to MUFG, Qian worked for OpenLink Financial.

Financial Engineer

Pablo Fernandez Lobato

Financial Engineer

Pablo Fernandez Lobato

Pablo is a financial engineer at Derivative Path, Inc. Prior to this, Pablo received his master’s in Computational Decision Science and Operation Research focused in quantitative finance from Illinois Tech and his master’s in General Engineering from Polytechnique of Madrid.

Our Board & Investors

We are pleased to have raised $35 million in our first outside institutional round (Series B) from FTV Capital, a leading growth-focused private equity firm, fueling the further expansion of our technology platform and diversification of our service offering and client base.

Our board comprises Pradeep Bhatia, John Fleming, and Zack Nagelberg from Derivative Path along with Rob Anderson and Brent Fierro from FTV Capital.

Our Partners

We’ve teamed up with the best in the industry to bring you world class software and services.