News

Derivative Path Wins Waters Ranking Award for Second Year in a Row

NEW YORK, NY – July 12, 2024Derivative Path, a leading provider of cloud-based capital markets technology and derivatives services, is proud to announce that it has been recognized as the Best Cloud-based Application Provider at the Waters Rankings 2024 for the second consecutive year. This prestigious award is uniquely significant as it is determined exclusively by votes from Waters Technology‘s readers, reflecting the trust and satisfaction of our valued customers.

The Waters Rankings annually celebrate and recognize the innovation, initiatives, and achievements of the industry’s top technology and data providers over the past 12 months.

“We are thrilled to receive this award once again, as it underscores our commitment to providing industry-leading solutions and exceptional service to our clients,” said Zack Nagelberg, Chief Growth Officer of Derivative Path. “This recognition from Waters Technology’s readers is a testament to the hard work and dedication of our entire team, and it motivates us to continue driving innovation and excellence in the capital markets technology space.”

Derivative Path’s scalable, cloud-based platform offers a comprehensive suite of tools to manage risk using foreign exchange, interest rate, and commodity derivatives. Our technology solutions are complemented by expert advisory services, ensuring that financial institutions and commercial end-users can navigate the complexities of financial risk management with confidence.

The Waters Ranking award adds to a growing list of accolades for Derivative Path, including the 2023 win at Global Capital’s Global Derivatives Awards as Risk Management Advisory Firm of the Year in the Americas for the fourth consecutive year.

For more information about Derivative Path and our end-to-end, cloud-based platform designed to facilitate the management of foreign exchange, interest rate, and commodity derivative portfolios, please contact us.

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 250+ 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.