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 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 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.
