Deriv Asia Pte Ltd originated in Singapore in 2014, followed by a partnership with InteDelta UK in 2015. Together, we brought together leading consultants across Asia and Europe with deep banking expertise in FICC Trading, Custody Services, Risk Management, OTC Regulations, and Financial Markets infrastructure.
Our successful engagements with regional banks, central banks, private banks, and exchanges across Asia-Pacific include full technology overhauls, the setup of XVA desks, creation of collateral optimisation desks, securities lending businesses, Basel 3 liquidity, funding and capital implementation and vendor selection for repo trading platforms.
In 2015, alongside our traditional consulting offerings, we introduced the first set of workshops in the region on blockchain and P2P infrastructure, and began early-stage proofs of concept using tokenized assets across repo, custody, and securitisation of supply chain.
Today, Deriv Asia has rebranded to Deriv Asia X with a sharper focus on emerging technologies with helping banks adopt blockchain infrastructure, use tokenized assets for real-world applications, and implement AI and ML solutions both to improve productivity in post trade and to strengthen compliance and risk management.
At its core, Deriv Asia X believes that emerging technologies should go beyond boosting productivity but also promote transparency and integrity across financial institutions. This is why we have partnered with Swarm A.I to bring to Asia a new breed of compliance solutions that leverage advanced AI trained on behavioral science and psycholinguistics. Our goal is to help the industry move forward by building cultures rooted in ethics and integrity.
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Sam Ahmed is a senior financial markets executive with over 28 years of leadership experience across top-tier global banks including Lehman Brothers, Merrill Lynch, Citi, and DBS Bank, where he last served as Group COO for Global Markets.
He founded Deriv Asia X in 2014 to help financial institutions transform their businesses — from modernizing risk management through real-time analytics and intraday margining, to applying emerging technologies such as AI and blockchain across both trading to middle to back office.
As Managing Director for Swarm Dynamics A.I. in Asia, Sam is committed to bringing advanced behavioral intelligence technology to the Asian region that applies psycholinguistics and network analysis to prevent fraud, misconduct and toxic cultures.
A respected speaker and thought leader, Sam regularly delivers workshops for global institutions such as the IMF, World Bank, and regional central banks, lectures at the National University of Singapore, and contributes to leading publications on macro trends at the intersection of finance, technology, and geopolitics. He is passionate about advancing financial inclusion and promoting integrity and transparency in banking.
Harry commenced his senior career with the National Australia Bank (NAB) as the Australian Head of Operational Risk before joining Bankers Trust as the Regional Vice President Risk Management for Asia/Pacific. He then returned to the NAB as the Global Head of Operational Risk & Compliance for the Group. Harry subsequently became the founding CEO of the Bank of Cyprus Australia, building it into a full service retail bank before its divestment to a major bank. He has a PhD in Behavioral Science and Artificial Intelligence
Michael specialises in Market Risk & Credit Risk in the areas of policy, governance, frameworks along with risk modelling and methodology. Before founding InteDelta he was a Managing director at ING Bank in London and Global Head of Financial Risk measurement and modelling. He has also extensive experience around XVA methodology, stress testing and scenario modelling and collateral optimisation.
Sam Ahmed is a veteran financial-markets executive and technology strategist with over 25 years’ experience across Lehman Brothers, Merrill Lynch, Citi, and DBS Bank, where he served as Group COO for Global Markets.He founded Deriv Asia X to help financial institutions reimagine risk, resilience, and growth through AI, blockchain, and digital transformation—spanning tokenization, real-time risk analytics, and front-to-back modernization.As Managing Director, APAC at Swarm A.I., Sam leads the rollout of advanced behavioral intelligence technology that uses psycholinguistics and network analysis to predict misconduct and strengthen organizational culture.A respected speaker and thought leader, Sam delivers workshops for the IMF, World Bank, and central banks, lectures on AI and blockchain at NUS, and regularly contributes to the Straits Times, Bloomberg, and BBC on the intersection of technology, finance, and integrity.
Harry commenced his senior career with the National Australia Bank (NAB) as the Australian Head of Operational Risk before joining Bankers Trust as the Regional Vice President Risk Management for Asia/Pacific. He then returned to the NAB as the Global Head of Operational Risk & Compliance for the Group. Harry subsequently became the founding CEO of the Bank of Cyprus Australia, building it into a full service retail bank before its divestment to a major bank. He has a PhD in Behavioral Science and Artificial Intelligence