Derivatives Vet Tessier Named Minium CEO
The news comes one week after parent company Cinnober also changed leadership
London-based Minium, a provider of real-time, post-trade technology and services to international investment banks and brokers, has promoted Patrick Tessier to CEO, following last week’s departure of Veronica Augustsson from parent company Cinnober, who served as CEO of Minium in her role as group CEO.
Tessier joined the vendor as COO in February 2017 from Citigroup, where he spent seven years as global head of exchange-traded derivatives operations. Before joining Citi, he was EMEA head of ETD operations at UBS Investment Bank, and spent four years as CEO of London and Northern Europe at trading software vendor GL Trade, prior to which he was European head of listed derivatives operations at Credit Suisse First Boston.
The company announced in June it had signed its first customer, Marex Spectron, for its new cloud native real-time risk platform.
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