Nikhil Patel

Nikhil Patel

Derivatives Clearing Services Head Of It (Interim) @ HSBC

About Nikhil Patel

Nikhil Patel serves as the Interim Head of IT for Derivatives Clearing Services at HSBC Global Banking and Markets in London, a position he has held since 2019. He has extensive experience in IT management within the financial sector, having worked at various institutions including Barclays Capital and ION Trading.

Work at HSBC

Nikhil Patel currently serves as the Derivatives Clearing Services Head of IT (Interim) at HSBC Global Banking and Markets, a position he has held since 2019. In this role, he oversees IT teams responsible for derivatives clearing services on a global scale. His responsibilities include managing both Change the Bank (CTB) and Run the Bank (RTB) activities in the areas of cleared Exchange Traded Derivatives (ETD) and cleared Over The Counter (OTC) derivatives. Prior to his current role, Patel held various positions at HSBC, including EMEA Production Support Manager and Futures Agile Lead.

Previous Experience

Before joining HSBC, Nikhil Patel worked at Barclays Capital as a Credit Derivatives Analyst for 11 months. He also spent two years at ION Trading, where he held roles in Client Services and as Team Leader Software Support. His career began at BAE Systems, where he worked as a Software Analyst for one year. Patel's diverse experience in the financial services sector has equipped him with a strong foundation in derivatives and IT management.

Education and Expertise

Nikhil Patel studied at Brunel University London, where he earned a 1st Class Hons BSc in Computer Science from 2002 to 2006. His educational background also includes time at St Dominics College and John Lyon, where he completed his secondary education. This academic foundation has contributed to his expertise in software and IT, particularly in the context of financial services and derivatives.

Background

Nikhil Patel has a background in IT and finance, with a career spanning over a decade in the derivatives clearing services domain. He has been globally responsible for managing IT teams since 2019, demonstrating his leadership capabilities in a complex and fast-paced environment. His work has involved significant interaction with both technical and operational aspects of derivatives trading and clearing.

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