Derivative Path Expands DerivativeEDGE® with Commodities Trading Capability

New York, NY – June 11, 2024 – Derivative Path, a leading provider of FX and interest rate derivatives trading technology, announces the launch of DerivativeEDGE® Commodities. This expansion enables clients to trade over-the-counter commodities, alongside the existing interest rates and FX derivatives offerings on its SaaS platform.

Introducing DerivativeEDGE® Commodities

DerivativeEDGE Commodities enriches Derivative Path’s platform by extending its robust support to include US energy products, such as Oil and Distillate Products, Natural Gas, and Natural Gas Liquids (NGLs). The platform supports a variety of trade structures including swaps, puts/calls, and collars, with settlements options that include futures look-alikes and Asian-style averaging.

Key features of DerivativeEDGE Commodities include simplified deal entry, robust analytics, stochastic exposure calculations, daily middle office functions, and direct settlements processing via ACH. The platform also ensures compliance with regulatory reporting requirements through direct connectivity to the DTCC swap data repository.

Early Adoption and Client Success

East West Bank, the largest independent bank headquartered in Southern California, is among the first to adopt the new commodities trading functionality. Supat Tipayamongkol, Head of Interest Rate and Energy Derivatives at East West Bank, expressed enthusiasm about the platform: “We are delighted to be working with Derivative Path. Their technology and expertise enable us to scale our derivatives business cost-effectively as we embrace new growth opportunities to better serve our clients.”

Pradeep Bhatia of Derivative Path shared his perspective: “The launch of DerivativeEDGE Commodities marks a significant milestone for Derivative Path and our clients. By providing comprehensive support across different asset classes, we are empowering our clients with the tools they need to manage their trades more effectively and efficiently.”

About Derivative Path

Derivative Path is where technology and finance intersect. We are a team of capital markets and technology experts dedicated to empowering companies of all sizes to manage financial risks and achieve financial goals. Our sophisticated cloud-based platform is a scalable solution that streamlines interest rate, FX & commodity derivatives activities, and international payments, while enabling the user to manage the entire trade lifecycle, gain access to a diverse set of derivatives products, and bring efficiency and transparency to complex hedging activities.

The Interest Rates, Foreign Currency and Commodity Risk Management Platform is purpose-built to fit the demands of varied capital market participants. It offers sophisticated yet intuitive tools designed to empower users to take full control of their derivatives activities while spending more time on what matters: driving business. Additionally, our dedicated teams of financial and technology professionals are available to provide end-to-end support throughout the entire lifecycle of derivatives transactions, from structuring to compliance. 

Financial institutions leverage Derivative Path’s FX Payments Platform to transform international payment challenges into revenue-generating opportunities while providing cost savings, scale, and efficiency. We enable banks’ commercial clients to process their cross-border payments through an innovative system that works with the banks’ existing digital and core wire systems. The award-winning platform delivers real-time, secure cross-border transactions, enabling users to enhance relationship value with clients, and benefit from increased non-interest income. As always, our technology is complemented by our talented FX Payments and Risk Management teams, your collaborative partners, to help take control of your FX payments and hedging programs cost-effectively and transparently.

Derivative Path has earned the trust of its 220+ clients over 10 years with rigorous compliance measures and industry best practices, enabling our clients to navigate the intricacies of financial risk management and achieve their financial objectives safely. Financial institutions, regional banks, community banks, and credit unions like Bankers Trust, Heritage Bank, and Simmons Bank enlist Derivative Path to help them build competitive advantage by leveraging cutting-edge solutions that drive business outcomes while exceeding expectations in client service and reliability. 

For more information on Derivative Path’s expertise and advanced technology for the capital markets landscape, visit us here.

For Further Information, Please Contact:

Derivative Path

PR Contact:  Emily Sakamoto, Account Director SVP, Head of Technology

[email protected]