Patrick Tessier

From MarketsWiki
Jump to navigation Jump to search


RCGLogo-400px.jpg


Patrick Tessier
PatrickTessier.jpg
Location London
LinkedIn Profile

Patrick Tessier is a London-based financial technology executive.

Most recently, he served as the chief executive officer of Minium, Cinnober's post-trade technology and services subsidiary for international investment banks. He was promoted to the post in August 2018 after serving as chief operations officer since February 2017. [1][2]

He was the first member of Minium's management team and is based in London together with a team of experts in bank clearing, back office, and risk management.[3]

Background[edit]

Tessier was previously the global head of futures and OTC clearing operations at Citi, which he left in January 2017 after almost seven years in the role. Before that, he was EMEA head of exchange traded derivative operations at UBS.

He spent the first nine years of his career running the operations and compliance function of Finacor Vendome, the leading broker on the French derivatives exchange Matif. He moved to the UK in 1998 to run the European listed derivatives operations group of Credit Suisse. In 2003, he became the CEO for the London and Northern Europe business unit of GL Trade. He joined UBS in 2007 and ran their European listed derivatives operations for three years as they were completing the integration of ABN Futures and changing back-office platforms.[4]

Education[edit]

HEC Paris - Financial Markets, Management Accounting - 1986 – 1989

Video[edit]

Why can’t banks and brokers use the same sort of technology that clearinghouses have access to? Minium, the new client clearing-focused subsidiary of Cinnober, is looking to address that very question.

In this video, Patrick Tessier, COO of Cinnober’s newly announced subsidiary Minium, talks about the evolution of post-trade processes and what Minium has to offer to banks and brokers.

References[edit]

John Lothian News logo1.png

@JohnLothian Twitter Feed

@JohnLothian: Davos Meetings Are Full of Potential But Rarely Full of Solutions
Davos Meetings Are Full of Potential But Rarely Full of Solutions https://t.co/IjiBbiFZMw— John Lothian (@JohnLothian) May 22, 2022

View Page

@JohnLothian: Record Food Costs Throw Spotlight on How China Will Feed Itself
Record Food Costs Throw Spotlight on How China Will Feed Itself https://t.co/KhhrcuGQZR— John Lothian (@JohnLothian) May 22, 2022

View Page

@JohnLothian: How $60 Billion in Terra Coins Went Up in Algorithmic Smoke
How $60 Billion in Terra Coins Went Up in Algorithmic Smoke https://t.co/g25ydiVp5M— John Lothian (@JohnLothian) May 22, 2022

View Page

@JohnLothian: I Used This $150 Device to Track My Covid Risk. I Got Covid Anyway
I Used This $150 Device to Track My Covid Risk. I Got Covid Anyway https://t.co/QPyncJCwIS— John Lothian (@JohnLothian) May 22, 2022

View Page

@JohnLothian: Covid Hits Apple Again, Disrupting Office Plans and Supply Chain
Covid Hits Apple Again, Disrupting Office Plans and Supply Chain https://t.co/zEteFtyXfs— John Lothian (@JohnLothian) May 22, 2022

View Page

@JohnLothian: DeFi Believers Never Say Die, Even After They See Terra’s Demise
DeFi Believers Never Say Die, Even After They See Terra’s Demise https://t.co/Ew0lmCndFJ— John Lothian (@JohnLothian) May 22, 2022

View Page

We visit more than 100 websites daily for financial news (Would YOU do that?). Read the John Lothian Newsletter.