Rick Pearson CIO, Pactum Rick is the CIO of Pactum AG in Switzerland and was responsible with Clifford Chance for the first securitisation of insured receivables under the European Securitisation Act. Pactum is one of the most innovative players in the receivables finance industry having financed over US$7 billion of invoices since launch just over 3 years ago. They are also hoping to shortly be the first to launch a Sukuk note backed by receivables.