Coremont

About Coremont

Coremont operates as a financial technology and services firm, offering a comprehensive support system for the investment management lifecycle. The company was established in 2018 as a spin-out from Brevan Howard, a prominent absolute return investment manager, with the goal of providing its institutional-grade platform to a wider audience of financial institutions. This strategic move was reportedly championed by then-Chief Operating Officer Jev Mehmet, who now serves as Coremont's CEO. The firm's platform, Clarion, is the culmination of two decades of development and experience navigating the financial markets while servicing Brevan Howard.

The core of Coremont's business is providing a combination of cloud-based software and managed services to clients such as hedge funds, institutional asset managers, and family offices. The business model centers on outsourcing complex and costly operational functions, allowing investment managers to focus on generating returns and raising assets. Revenue is generated by offering these integrated solutions, which span from the front office to the back office, including trade processing, risk analysis, treasury services, and regulatory reporting. With offices in London, Connecticut, and Hong Kong, Coremont provides 24-hour support to a global client base that collectively represents over $50 billion in assets under management.

Coremont's flagship product is Clarion, a cloud-based portfolio management software designed to handle high trading volumes across a multitude of asset classes. These include rates, fixed income, credit, foreign exchange, commodities, equities, and cryptocurrencies, with a particular proficiency in complex derivatives. The platform provides live profit and loss (P&L), real-time risk analytics, pre-trade scenario analysis, and portfolio management tools, accessible via a user interface or programmatically through an API. A key differentiator is the use of a single, unified platform underpinned by proprietary pricing models, which ensures consistency in valuations and reduces operational complexity. Coremont also offers an "Operations Concierge" service, acting as the client's interface with prime brokers, counterparties, and custodians, effectively handling all trade lifecycle elements.