The recent announcement of London Stock Exchanges (LSEG) proposed clearing service for equity total return swaps, which looks to go live in Q1 2023 has seen a tepid response from the market.
Helen Bartholomew spoke with individuals from the industry – among those was Chaim Hack, Coremont’s Head of Business Development, who believes “it will be very difficult” to sell.
The full article is available to read at the link below, where you can see thoughts from other individuals in the industry, including a much more hopeful viewpoint from LSEG themselves.
Chaim joined our London office earlier in 2022, bringing 15 years’ experience across buy-side, sell-side and fintech, including various roles within JP Morgan’s hedge fund and derivative service departments.
Our Story
Coremont was founded in 2018 but its market-leading platform leverages 18+ years servicing one of the most successful and sophisticated absolute return managers in the world, Brevan Howard.
Coremont span out of Brevan Howard with the vision to offer the institutional-grade platform it had built to other managers and financial institutions.
Led by CEO Jev Mehmet, our Executive Team brings a wealth of experience from leading names across the investment management industry.
Our pedigree and experience comes from two decades navigating the financial markets. Our platform supports even the most complex portfolios, no matter the asset class, and can handle even the most active strategies.
Outsourced back-office functions to a single, unified platform
Our institutional-grade solution allows clients to outsource all back-office functions to a single, unified platform. Offering comprehensive coverage across all asset classes, including derivatives.
Our clients leverage Coremont’s Investment Book of Record (IBOR) to provide real-time, granular and consolidated portfolio views through Clarion. Clarion is our cloud-based portfolio management technology, with full hosting of data & models, across rates, fixed income, credit, FX, equities, commodities and cryptocurrencies, including extensive derivatives coverage.