Derivative Path wins Best Cloud-Based Application Provider at the 2023 Waters Rankings
Derivative Path was named Best Cloud-Based Application Provider at the 2023 Waters Rankings, as determined by votes from WatersTechnology’s readership across the global capital markets technology community.
The Waters Rankings annually celebrate the innovation, initiatives, and achievements of the industry’s leading technology and data providers. Unlike editorially judged awards programs, the Waters Rankings are voted on exclusively by WatersTechnology readers, making recognition a direct reflection of peer and client confidence.
Derivative Path was recognized for its cloud-based platform supporting OTC interest rate and FX derivatives transactions across both the buy side and sell side. The platform is purpose-built to enable financial institutions of all sizes to access the capabilities of the largest market participants through a packaged, cloud-native solution scaled to their resources, personnel, and existing technology infrastructure.
Following the win, WatersTechnology published a winner’s interview with Zack Nagelberg, Chief Growth Officer of Derivative Path, covering the tools the platform provides clients, the advantages of cloud-based derivatives infrastructure over in-house-deployed alternatives, and the growing willingness of both buy-side and sell-side firms to adopt cloud-native, mission-critical technology.