Hiten Patel
Partner and Global Head of Market Infrastructure
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Hiten Patel is the Global Head of Oliver Wyman’s Market Infrastructure team. The team serves financial market infrastructures (FMI), data and information providers, and technology and software providers that are active across the financial services ecosystem. Hiten leads our transaction work in this space, for both industry participants and private equity.

10 years ago, financial market infrastructure was the unseen plumbing that only a small number of specialists and experts paid attention to. The financial crisis threw the sector into the spotlight and the value creation potential that followed has been enormous. The providers are playing an increasingly critical and valuable role as markets are forced to evolve and transform. It’s finally become an acceptable topic for dinner party conversations – well, nearly!

Hiten plays a leading role in shaping and delivering the strategic agenda for CEOs and the board. The sector is going through a series of transformational changes as business models respond to new rules set out post financial crisis, opportunities created by new technology capabilities, and an influx of interest from private capital. Hiten and the team have played a key role in shaping many of the industry-defining transactions that have taken place over the past five years.

It’s hard to claim that I set out to focus on market infrastructure from a young age. But after the dreams of being a sportsman or a Bollywood actor faded, I picked up a book by William M. Clarke as a teenager, called How the City of London Works. Ever since, I’ve been intrigued to find out more.