Balaji Krishnamurthy joins Coremont bringing experience from JPMorgan, Barclays, Nomura, Lehman Brothers and Goldman Sachs
The appointment follows numerous senior hires announced in recent months in response to growing appetite for Coremont’s solutions
Coremont LLP (“Coremont”), a leading independent FCA-regulated financial services firm that provides complete front-to-back portfolio management support for hedge funds and institutional asset managers, has appointed Balaji Krishnamurthy as Chief Technology Officer. He will be based in the United States.
Balaji is a technologist of excellent pedigree, with over 25 years’ experience servicing Prime Broker, Equities, Custody and Wealth Management clients across leading financial firms. 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. Balaji started his career as a software engineer, after completing a Bachelor’s in Physics and Master’s in Computer Application.
Coremont has been fortifying its team this year to accommodate its significant growth potential. The announcement of Balaji’s appointment 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.
Coremont provides portfolio management technology and data across all investment management and trading functions. Its flagship solution, Clarion, offers comprehensive coverage across all asset classes, including rates, fixed income, credit, FX, equities, commodities and cryptocurrencies.
Commenting on the appointment, 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 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.”