AccessFintech Recruits Fabrice Carrier as Its Head of Derivatives Product Line

AccessFintech announced that it has recruited Fabrice Carrier as its Head of Derivatives Product Line, effective from March 2022.

Finance Magnates recently learned in a press release that Fabrice Carrier, a senior executive with more than thirty years of experience in the financial industry, has been selected by AccessFintech, a Fintech Fintech Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Read this Term company evolving the financial operating model through data and workflow collaboration, to be its Head of Derivatives Product Line.

In the role, Carrier will focus on expanding the company’s product suite into derivatives. The company hired him when it is experiencing momentum in the growth of its Synergy Network. Further, it is increasing its asset coverage on the platform as well. Since its success with the rollout of Settlements, Pre matching, Regulation (CSDR), Loans, and Payments Confirmations, it has progressed into the derivatives space.

A Snapshot of Carrier’s Vocation

Prior to AccessFintech’s appointment, Carrier served JP Morgan for his entire career in six different roles. His pinnacle position was Global Head of Transformation for Securities Operations where he stayed for eighteen months. He was responsible for a set of new technology programs, like robotics and machine learning as well as fintech providers to existing Securities Processing issues.

The other roles he took on working backwards included: Head of Equities and Prime Operations and Transformation, Corporate and Investment Bank; Head of Institutional Equities Middle Office; Head of Equities Equities Equities can be characterized as stocks or shares in a company that investors can buy or sell. When you buy a stock, you are in essence buying an equity, becoming a partial owner of shares in a specific company or fund.However, equities do not pay a fixed interest rate, and as such are not considered guaranteed income. As such, equity markets are often associated with risk.When a company issues bonds, it’s taking loans from buyers. When a company offers shares, on the other hand, it’s selling pa Equities can be characterized as stocks or shares in a company that investors can buy or sell. When you buy a stock, you are in essence buying an equity, becoming a partial owner of shares in a specific company or fund.However, equities do not pay a fixed interest rate, and as such are not considered guaranteed income. As such, equity markets are often associated with risk.When a company issues bonds, it’s taking loans from buyers. When a company offers shares, on the other hand, it’s selling pa Read this Term Derivatives Middle Office; and the COO for Americas Equities and Structured Credit. His first known position was COO for Americas Equity Derivatives and Structured Credit which he started in 2000, according to his LinkedIn profile.

Deep Knowledge of the Derivatives Marketplace

Roy Saadon, the CEO of AccessFintech, shared a few words about the announcement: “In Fabrice, we are fortunate to have gained an outstanding professional who has deep knowledge of the derivatives marketplace, and beyond, and a proven track record of innovation and transformation of the financial industry. Having established and gained traction and volume in several key product areas, it a clear next step for us to continue to build out the offer into derivatives, a $12.6 trillion¹ market.”

“AccessFintech Synergy has established an extraordinary network of connected participants, collaborating on data and workflow. The challenges of the derivatives market and the appetite for collaboration between buy-side, sell-side and vendors are at a perfect crossroads. I am thrilled to be joining AccessFintech to grow the derivatives franchise and be part of that innovation journey,” said Carrier.