Coremont, an FCA-regulated financial services firm that provides complete front-to-back portfolio management support for hedge funds and institutional asset managers, has appointed Akbar Sheriff as global chief operating officer and partner.

Sheriff has 20 years of experience across financial services, technology and strategy consulting, with a focus on growing client-centric, tech-enabled businesses. Akbar joins from State Street (NYSE:STT), a globally systemically important institution (GSIFI) with ~$12 billion revenue, where he held multiple global and regional leadership roles, including leading the company’s highest earning core product suite as Global Head of Custody and Digital Client Experience, and heading State Street’s substantial institutional services business in UKMEA. He has also served on Boards of a range of fintechs, including Proxymity and Fnality International. Prior to State Street he was an Associate Principal at McKinsey & Company, where he served financial services firms across strategy, risk, and digital transformation.
 
Coremont provides portfolio management technology and support across all investment management and trading functions. Its flagship software, Clarion, provides rich risk analytics and data across all asset classes, including rates, fixed income, credit, FX, equities, commodities and, most recently, cryptocurrencies.