Coremont hires ex-JPMorgan Balaji Krishnamurthy as CTO

Rick Steves

Coremont’s flagship solution, Clarion, offers comprehensive coverage across all asset classes, including rates, fixed income, credit, FX, equities, commodities and cryptocurrencies.

Coremont has announced the appointment of Balaji Krishnamurthy as Chief Technology Officer of the FCA-regulated provider of front-to-back portfolio management support for hedge funds and institutional asset managers.

Balaji Krishnamurthy has more than 25 years of experience servicing Prime Broker, Equities, Custody and Wealth Management clients across leading financial firms.

Based in the United States, he joins Coremont bringing experience from JPMorgan, Barclays, Nomura, Lehman Brothers and Goldman Sachs.

Coremont to leverage Balaji Krishnamurthy’s experience at JPMorgan, Barclays, Nomura, Lehman Brothers and Goldman Sachs

At JPMorgan Chase & Co., he was Managing Director overseeing middle office and post trade technology based in New York. Prior to joining JPMorgan in 2014, Balaji was Director of Post Trade Technology at Barclays and previous to that he held positions at Nomura, Lehman Brothers and Goldman Sachs.

Jev Mehmet, CEO of Coremont, said: “We are thrilled to have Balaji join our team. We see significant appetite from the global investment management community for our scalable technology solutions based on proprietary risk analytics, and look forward to harnessing Balaji’s expertise as we further build momentum.”

Balaji Krishnamurthy, Chief Technology Officer at Coremont, commented: “I look forward to joining the team during a period of rapid growth and expansion into new distribution markets. Coremont’s deep commitment to developing and providing unrivalled solutions to its clients is impressive, and I am excited about the opportunity to contribute to its global growth trajectory and help our clients operate efficiently during the continued market change.”

The new hire follows the recent appointment of Akbar Sheriff as global COO in July 2022, as well as Yu Xu as Deputy Head of Product in August 2022 and Chaim Hack as Head of Business Development in May 2022.

Risk analytics and portfolio management tech cover FX, equities, crypto

Coremont offers web-based risk analytics and portfolio management technology combined with comprehensive operational services for investment managers and financial institutions.

Since its launch in 2018, Coremont’s team has grown to over 350 people, operating internationally from its offices in London, New York and Hong Kong.

Coremont’s flagship solution, Clarion, offers comprehensive coverage across all asset classes, including rates, fixed income, credit, FX, equities, commodities and cryptocurrencies.

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