Coremont hires Balaji Krishnamurthy as new CTO

By Gloria Methri

London-based financial services firm Coremont has appointed Balaji Krishnamurthy as Chief Technology Officer. Krishnamurthy brings with him over 25 years of experience servicing Prime Broker, Equities, Custody, and Wealth Management clients across financial firms.

He was the Managing Director of Post Trade Technology at JP Morgan Chase in New York. Prior to that, Krishnamurthy was Director of Post Trade Technology at Barclays. He has also worked for Nomura, Lehman Brothers, and Goldman Sachs.

Krishnamurthy started his career as a software engineer, after completing a Bachelor’s in Physics and Masters in Computer Application. As Coremont’s CTO, he will be based in the United States.

The appointment follows numerous senior hires announced in recent months. In July, the company hired Akbar Sheriff as global COO. In August, Yu Xu was named Deputy Head of Product 2022 and in May, Chaim Hack joined as Head of Business Development.

Commenting on the latest 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.”

CTO Balaji Krishnamurthy said, “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.”

Regulated by the Financial Conduct Authority (FCA), 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.