Derivative Path expands team adding new Chief Compliance Officer

San Francisco – April 1, 2014 – Derivative Path, a San Francisco Bay area-based fast growing advisory and technology provider in the OTC derivatives space, announced today that it has hired Katherine Van Hagan as its new Chief Compliance Officer.

Katherine, who has more than 20 years of capital markets compliance and regulatory experience, was most recently at Wells Fargo Securities, where she led the day-to-day compliance activities for the bank’s interest rates derivatives business – including oversight of controls, procedures, training and surveillance. “Katherine’s addition to the Derivative Path team represents our strong commitment to assisting financial institutions participating in the derivatives business. Katherine brings a deep understanding of how Dodd-Frank has changed the OTC derivatives business and is uniquely positioned to assist our clients create a compliance regime within their own institutions to help follow all the new rules and continue to be responsive to their own business opportunities and risk management needs,” said Steve Hawk, Derivative Path Co-Founder and Co-CEO. “Katherine was a go-to leader for Dodd-Frank related client queries at her previous institution and was instrumental in implementing an industry leading compliance program at one of the largest banks/Swap Dealers in the world. With her addition to our team, DPI’s clients will have firsthand access to deep domain expertise, as they establish best practices to navigate through the existing derivative rules and plan for future regulations as well.” Katherine is a thought leader with extensive regulatory/compliance expertise across various capital markets products including derivatives, investment adviser and broker/dealer rules. In past roles, she has held various positions including working as a regulator and as a FINRA arbitrator. She holds a Bachelor’s degree from the University of California San Diego and a Master’s degree from the University of San Diego. “Derivative Path has quickly made a name for itself in the OTC derivatives advisory space around the country. The substantial resources being allocated to help our clients through investments in technology and personnel are making it possible for our clients to continue to use derivatives to manage risks and grow revenues.” said Katherine Van Hagan. “I am thrilled to join Derivative Path and help DPI’s clients successfully utilize these financial tools.”

About Derivative Path Inc.
Derivative Path is a San Francisco Bay Area-based company that is approaching the over-the-counter derivative markets with a fresh, technology-driven services offering. The company provides a technology-led solution to assist financial institutions and commercial end-users in executing and managing their over-the-counter interest rate derivative transactions.

The company is led by industry veterans who have worked in the derivatives/capital markets business for some of the world’s largest banks. The sales and execution team has led derivative sales efforts for several major banks. They have assisted numerous financial institutions in creating derivatives hedging business opportunities, setting up back-to-back swap programs and working with respective capital markets and commercial lending groups.
The company’s technology team has years of experience in leading the technology, trading and product development effort at some of the world’s largest financial institutions. Derivative Path will be ensuring that key aspects of its clients’ trading operations will be automated, and that the tasks necessary from a trade servicing standpoint will be accomplished by a rules and workflow based engine that can mitigate manual and/or spreadsheet-based errors.

Press Contact: Zack Nagelberg Head of Business Development E: [email protected] T: 415 992 8200