Hemal Shah

CEO

India26 yrs 10 mos experience
Most Likely To SwitchHighly Stable

Key Highlights

  • Led multi-asset post-trade technology modernization.
  • Achieved 80% reduction in release-related incidents.
  • Engineered high-performance data platforms for real-time analytics.
Stackforce AI infers this person is a Fintech expert specializing in post-trade technology and operational excellence.

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Skills

Core Skills

Project ManagementJava DevelopmentReliabilityTeam ManagementDevopsBig DataProgramming

Other Skills

Agile & Waterfall MethodologiesAgile MethodologiesAgile Project ManagementApplications DeliveryBudget ManagementBusiness AnalysisBusiness SolutionCapacity PlanningChange ManagementConflict ManagementConfluenceCore JavaDatabasesDecision-MakingEquities

About

I build the technology that keeps global markets running with speed, accuracy, and resilience. Over two decades across investment banking and capital markets, I’ve led the redesign of post-trade and middle-office platforms across Equities and Fixed Income—improving STP, strengthening controls, accelerating regulatory compliance, and modernizing legacy estates into scalable, data-driven architectures. My biggest wins include leading cross-asset transformation programs, simplifying fragmented vendor landscapes, and engineering critical trade-lifecycle flows that support multi-billion-dollar businesses. My leadership value lies in connecting the dots across technology, business, operations, and risk. I excel in complex environments—T+1 readiness, cross-border settlement challenges, regulatory modernization, resiliency uplift, and workflow automation—and turn them into clear architectural strategies that deliver measurable outcomes. I’m known for driving modernization with purpose: delivering platforms that increase transparency, reduce breaks, improve operational discipline, and give the business the confidence to scale. At my core, I’m a builder and a problem solver who leads with clarity, high accountability, and a partnership mindset. I thrive in roles where I can transform mission-critical platforms, guide global teams through change, and re-engineer the trade lifecycle to be faster, smarter, and more resilient. I bring the perspective of someone who has run complex post-trade environments end-to-end—and the energy of a leader who’s always looking for the next opportunity to raise the bar.

Experience

26 yrs 10 mos
Total Experience
4 yrs 6 mos
Average Tenure
12 yrs 1 mo
Current Experience

Nomura services india private limited

Head of Global Markets Post-Trade Technology

Apr 2014Present · 12 yrs 1 mo · Mumbai Area, India

  • I lead the architecture, modernization, and delivery of multi-asset post-trade and middle-office platforms that support high-volume trading across global markets. I designed and implemented next-generation workflows for Cash Equities and Fixed Income, enhancing STP, resiliency, and operational accuracy by re-engineering trade capture, enrichment, reconciliation, and settlement processes. By modernizing legacy components into a unified post-trade architecture aligned to T+1 and evolving regulatory mandates, I significantly reduced manual intervention and strengthened control frameworks.
  • I spearheaded the integration of strategic vendor platforms—Aladdin, Omgeo CTM, Charles River, and Broadridge—creating a standardized middle-office operating model that improved trade matching, reduced break rates, and consolidated fragmented processes. I built a high-performance kdb+ data platform capable of processing ~1 billion trade messages daily, enabling real-time analytics, trade reconstruction, reconciliation, and end-to-end audit trails. Additionally, I engineered a long-term regulatory data store capable of retaining 7+ years of trading activity to meet global audit, compliance, and surveillance obligations.
  • I manage global agile engineering teams across regions, driving predictable execution, delivery governance, and a culture of ownership. Through DevOps automation, quality gates, and automated regression suites, I achieved an 80% reduction in release-related incidents while accelerating deployment frequency. I enhanced operational transparency by developing real-time dashboards in Kibana and Power BI to track trade volumes, exceptions, STP metrics, and system health. I also built and mentored high-performing engineering teams, introducing structured goal-setting, performance frameworks, and continuous learning programs that strengthened engineering excellence and cross-functional collaboration.
SnowflakeReliabilityReference DataProject ManagementProblem SolvingProgramming+9

Nomura services

Senior Technical Lead

Nov 2006Apr 2014 · 7 yrs 5 mos · India

  • As a Technology Lead, I drove the design, development, and delivery of highly available, multi-asset post-trade processing platforms supporting global Cash Equities operations. I led architecture discussions, performed analysis and effort estimation, prioritized the book of work with business stakeholders, and ensured engineering excellence through code reviews, quality controls, and team leadership. I developed large-scale J2EE components (EJB, Hibernate, Spring) and data solutions leveraging Sybase and kdb+, enabling the platform to reliably process up to 5 million trades per day across regions for 100+ operational users.
  • As the platform SME, I was repeatedly invited to Nomura’s Tokyo head office for UAT cycles, production cutovers, and stakeholder training—representing technology during critical go-lives and ensuring seamless knowledge transfer across global teams. I also led development of a global confirmation and matching solution built on a high-availability microservices architecture, integrating with multiple external vendors to automate account-level transaction processing.
  • I engineered an in-house netting capability that replaced legacy vendor components, delivering annual cost savings of $1M and improving transaction processing performance by 80%. I also played a key role in building a regulatory data retention platform leveraging Big Data technologies to store 7+ years of trade audit data, and in enhancing the pre-confirmation engine to dynamically generate client-ready confirmation templates at runtime.
  • My contributions were recognized with multiple STAR Team Awards, highlighting my ability to deliver high-impact solutions, collaborate across global teams, and support mission-critical post-trade functions with reliability and scale.
Team ManagementCore JavaReliabilityReference DataTechnology RecruitmentProblem Solving+9

Citi group

Lead Developer

Feb 2006Aug 2006 · 6 mos · London, England, United Kingdom

  • Key Responsibilities & Contributions:
  • Front-End Application Development:
  • Designed and developed a trader-facing GUI application using MFC and J2EE, enabling traders and sales teams in Citigroup London to efficiently price options, analyze positions, capture deals, and manage portfolios.
  • End-to-End Module Ownership:
  • Collaborated closely with business users to gather requirements, translated them into detailed technical specifications, and delivered production-ready modules through structured development and effort estimation.
  • Business-Focused Engineering:
  • Gained early exposure to capital markets by working on front-office systems that directly supported trading workflows, reinforcing a strong foundation in financial technology and user-centric design.
ProgrammingJava DevelopmentApplications DeliveryBusiness SolutionQuick Turnaround

Polaris software labs ltd

Senior Software Engineer

Jun 2003Oct 2006 · 3 yrs 4 mos · India

  • Key Responsibilities & Contributions:
  • Transaction Processing System Development:
  • Developed a core component for Citibank’s transaction processing system, responsible for validating incoming customer transactions against pre-defined business rules and transforming them into formats compatible with product processors such as FLEX.
  • Technical Stack & Development:
  • Delivered system modules using COM, C++, STL, and MS SQL Server 2000, gaining strong hands-on experience in enterprise-grade software development and integration.
  • Client-Site Implementation Exposure:
  • Selected for an international assignment to Warsaw, Poland, to support implementation and UAT of the RCS (Retail Core System)—providing on-ground assistance to users and business teams.
ReliabilityProgrammingCapacity PlanningJava DevelopmentApplications DeliveryBusiness Solution+2

Lionbridge technologies

Software Engineer

Jan 2003Jan 2003 · 0 mo

  • Key Responsibilities & Contributions:
  • Education Data Management System:
  • Managed the development and enhancement of SASIXp, a platform designed to collect and maintain student demographic data across fiscal years for educational institutions or administrative reporting.
  • User Requirement Analysis & Implementation:
  • Engaged with end users to gather evolving requirements, translated them into functional specifications, and implemented them within the system—ensuring alignment with data reporting and compliance needs.
  • Functional Ownership:
  • Oversaw the full lifecycle of updates, including requirement intake, drafting changes, testing, and deployment—contributing to system reliability and user satisfaction.
Programming

Egsoft

Software Engineer

Jan 2001Jan 2003 · 2 yrs · India

  • Key Responsibilities & Contributions:
  • Statistical Analysis Application Development:
  • Designed and developed YMLCD, a desktop application built using MFC, COM, and C++, to support real-time statistical yield analysis in semiconductor manufacturing processes.
  • Visualization & Process Monitoring:
  • Enabled visualization of complex manufacturing data through charts, maps, and images, supporting engineers in analyzing yield trends for products like wafers and masks during fabrication.
  • Industrial Domain Exposure:
  • Gained early exposure to semiconductor manufacturing technologies and data-driven process control systems, contributing to high-precision engineering software used in live production environments.
Programming

Burgmann india pvt ltd

Design Engineer

Jan 1998Jan 2000 · 2 yrs

  • Key Responsibilities & Contributions:
  • Customer-Facing Proposal Drawings:
  • Prepared and drafted proposal drawings based on project specifications and requirements, which were submitted to clients for review and approval as part of the pre-sales or early design process.
  • Cross-Functional Coordination:
  • Worked closely with internal teams (engineering/sales) to ensure proposals aligned with customer needs, technical feasibility, and design standards.
  • Client Communication Support:
  • Contributed to the customer approval cycle by delivering clear, precise, and timely drawings, helping facilitate project buy-in and reduce iterations.
Programming

Education

MCT's Rajiv Gandhi Institute Of Technology

Bachelor's degree — Mechanical Engineering

Jan 1993Jan 1997

CDAC

Diploma — Computers

Jan 2000Jan 2001

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