Jul 2018 – Aug 2022 · 4 yrs 1 mo · Mumbai Metropolitan Region

• Acquired by PhonePe
• Technology driven India's Digital AMC of the future building systematic asset management products and analytics focused on bringing low cost institutional grade active and passive equity and Thematic Investment products, Trading Baskets, asset allocation and Investment analytics services to Indian Investors and Financial Institutions using globally established quantitative Factor Investing principles and machine learning models. Price, Scale, Diverse outcomes and new age technology led distribution and client acquisition platforms such as WealthDesk are the pillars of this venture.
• OpenQ.in is India's first Factor/Smart Beta based retail focused advisory WealthBaskets, Portfolio Analytics platform powered by WealthDesk ecosystem for large scale distribution through multi-broker network.

Apr 2016 – Jul 2022 · 6 yrs 3 mos · Mumbai Area, India

• Acquired by PhonePe
• WealthDesk Business along with WealthDesk Consumer platform enables Brokers, SEBI Registsred Investment Advisors, Portfolio Managers, Research Analysts to manufacture and distribute their Stock/ETFs research as an Investable WealthBasket and distribute through a multi-broker ecosystem with seamless execution.
• > New platform driven Investment Vehicle WealthBasket for retail Investors on top of advisory, research and open broking.
• > Pushing product side innovation through advisory and research licenses, and bringing brokers to the epicenter for large scale retail distribution of advisory and research led WealthBaskets and taking Indian Equities market to a new regime with better products beyond Mutual Funds.

Aug 2014 – Mar 2016 · 1 yr 7 mos · Mumbai Metropolitan Region

• Part of the core Index technology team working with Index research and New Index product team implementing and rolling out new Indexes across multi-asset classes, strategies, investment themes which can be used as basis for ETF's and also for benchmarking asset returns. At the same time, working as part of team spread globally to develop a scalable and distributed Index platform to roll out new Indexes with low turnaround.
• Products developed:
• 1. Optimizer based Multifactor Indexes such as Diversified Multifactor Indexes https://www.msci.com/diversified-multi-factor-index
• 2. Yield based Indexes based on factors such as Dividend Yield, Buyback Yield, etc.https://www.msci.com/factor-indexes
• 3. Environmental, Social and Governance theme based Indexes https://www.msci.com/esg-indexes
• 4. Factor based Indexes such as Quality, High Value, etc.
• 5. Index Calculation platform re-engineering for aspects related to back testing
• 6. Flagship GIMI Indexes changes based on recent announcements

Aug 2013 – Aug 2014 · 1 yr · Mumbai Metropolitan Region

• Setting up technology driven Institutional Brokerage and Proprietary trading business in India leveraging the deep technological prowess of D E Shaw quant, algorithmic and technology infrastructure
• Built and managed the High Frequency Trading technology stack on NSE Co-location setup developing high performance smart order Execution strategies such as VWAP, IoC, Bidding.
• Built a data analytics platform to analyze execution performance of order execution algo strategies and build real time market data analytics using colo exchange feeds.
• Designed and Developed a back-testing platform for researching and back-testing of quantitative strategies for discovering trading ideas for Institutional trading desk
• Managed Compliance, Risk Management, Algorithmic Strategy and in-house trading system audit requirements as per the exchange

Jun 2009 – Aug 2013 · 4 yrs 2 mos

• Built the technology platform to calculate and manage daily margin/collateral requirement for all the funds across most of the asset classes traded including Equities, Options, Futures, Convertibles, Fixed Income, Asset-backed securities, Interest rate swaps, FX Instruments, Credit Default Swaps, Repos, exotic OTC products (more than $40 billion of AUM and leveraged portfolios to the tune of $150 billion plus) as per the negotiated margin agreements across all major global hedge fund prime brokers
• Built a platform to manage alternative financing arrangements with major Counterparties for securities borrowing and lending.
• Built post trade quantitative models working with the trading desk to optimize capital cost across different prime brokers
• Development of Treasury technology stack addressing process automation of firm’s capital usage & liquidity reporting workflow & margin call management integrating different applications resulted in huge reduction in operations team man-hours managing broker margin calls, collateral requirements, and different funds liquidity requirements across different counterparties
• Developed APIs/Services & built data analytics module to perform periodic regulatory filings required by Hedge Fund such as Form PF for US, FCA Hedge Fund Survey for UK, CFTC & NFA Form CPO-PQR. Developed technology to automate these periodic filing requirements from Fund Treasury side on questions related to Margin, Exposure, Borrowings, etc. resulting in considerable reduction in man-hours