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Central Bancompany, Inc. and subsidiaries sign up with Derivative Path

Derivative Path, Inc. is pleased to announce that Central Bancompany, Inc., a multi-bank holding company with over $12 billion in assets based in Jefferson City, MO, has signed up with Derivative Path to start both an end-user and a balance sheet interest rate hedging program.

Derivative Path, Inc. is pleased to announce that Central Bancompany, Inc., a multi-bank holding company with over $12 billion in assets based in Jefferson City, MO, has signed up with Derivative Path to start both an end-user and a balance sheet interest rate hedging program.

Central Bancompany presented a unique product support challenge given its multiple bank charters and desire to find a single platform and team capable of setting up a streamlined trading operation for its various bank subsidiaries. 

“We were looking for both a highly functional trading platform to help us manage the pre-trade and post-trade tasks in this post Dodd-Frank environment as well as a highly skilled team of derivatives professionals who could provide the last mile services,” said Dave Roehl, Chief Investment Officer at Central Bancompany. “Having worked with other advisors in the past and knowing the relative pros and cons of each, we were thoroughly impressed by the Derivative Path team and their trading platform, DerivativeEDGETM.  The team helped tremendously in the initial set up of our hedging program as well as establishing pre-trade and post-trade process support covering Dodd-Frank compliance, legal documentation, hedge accounting, and marketing support needed for the end user derivative business.  DerivativeEDGETM gives us access to technology that is superior to other platforms we have seen being used in the marketplace today.”

Read the full press release here