Kris Veeraghanta
Highland Park, NJ 08904
Mobile: 732-***-****
Email: *********@*****.***
Summary
Effective, innovative project manager and system designer with over 20 years of experience in Financial Services. Deep expertise in:
• Front office, middle office and back office operations and systems
• Trading environments including Equities; Fixed Income; Options; Commodities and Derivatives
• Extensive knowledge of hedge funds and prime services (prime brokerage, fund services, equity funding, fund operations etc).
• Management of multiple, complex projects and large project teams (up to 70 individuals and budget of over 40 MM)
• Risk management , Quantitative Financial Modeling, Trading Strategies, Risk Technologies
• Operations management for banking, brokerage, treasury and hedge funds
Software Skills
• Object-oriented methodologies including UML, OMT, Fusion, Booch, Bertrand Meyer, Ivar Jacobson; S-Designer (PowerDesigner), Erwin, Rational Rose, Paradigm Plus
• C, C++, Java, J2EE, Java Beans, EJB, Simscript II.5, Visual C++, C#, .NET
• Knowledge of parallel, multi-processing and distributed processing; ISIS, real-time application development, supercomputing and vector programming
• DBMS including Sybase, Oracle, SQLServer, DB2, ndbm, SQL, SQL-Plus; Database Administration
Experience
Gravitas Technology, Inc. New York, New York March, 2006 – Present
Consultant
• Representative clients include: Alliance Bernstein, Apollo Capital Management, Ardsley Capital Management, Deephaven Capital Management, DB Zwirn
• Currently working as an interim Chief Risk Officer and Chief Operations Officer, managing the market, credit, liquidity and sovereign risks for a hedge fund
• Helping the hedge fund managed the installation of RiskMetrics and managing their hedge fund portfolios efficiently. Assisted the hedge funds unit of a major asset management company in implementing RiskMetrics. Managed analysis and data mapping for development of complex interfaces from client infrastructure to RiskMetrics. Analyzed hedge fund portfolios and internal models for calculating VaR. Analyzed portfolio holdings and trading strategies and developed risk reports
• Managed system upgrade to Geneva Advent 6.0.3 version for a hedge fund; performed the parallel and reconciliation work for the hedge fund
Merrill Lynch, Hopewell, New Jersey August, 2005 – March 2006
Vice President
• Managed re-engineering of the Managed Products billing system, which generates over $1.3 Billion dollars in annual revenue. The re-engineering included application of business-rules based processing and rationalization of the data model to support rules-based processing.
• Conducted business analysis for the merger of acquired asset management firms.
Veeraghanta Associates & Co., Ltd., India July, 2001 – July 2005)
Chairman/CEO
• Founded an entrepreneurial venture for outsourcing technology, operations, accounting and development work in India. Partnered with a systems integration firm, for integration assistance. The successor company currently operates as an Accounting firm. (Visakhapatnam, AP, India, 530023)
JP Morgan, New York, New York May, 2000 – May, 2001
Vice President
• Managed and re-engineered research and employee information distribution for JP Morgan’s institutional clients and employees using web portals. Managed over 60 people and a budget in excess of $60MM in a direct and matrix environment.
• Manager and Chief Architect for Employee Portal. Designed the portal modules and search functionality using the existing taxonomy and content aggregation, and managed vendor selection process.
• Managed complete portal infrastructure project life cycle from design and development through integration and production support. Project was a J2EE/WebSphere implementation using Sybase with outside vendors. Applications were built using ASP, EJBs and Java.
• Architect for Single Sign-On for Post-Trade Client Service Portal and JPM Client Portals; sign-on application communicated between two security products. (Netegrity and Siteminder). Project also involved design of information and systems security architecture for Global Institutional Clients and portal infrastructure. Managed consulting firms implementing the design and installation work at a remote site.
New Era of Networks, Inc., New York, New York July, 1999 – April, 2000
Chief Architect
• Responsible for solving business problems by providing technology and integration architecture solutions for re-engineering existing systems. Scope of work included business analysis; addressing systems integration issues; web-enabling legacy systems; and providing strategic solutions for future web capabilities. Managed over 40 people and a budget in excess of $25MM..
• Architected global e-commerce and enterprise systems integration. Managed the life cycle of design, implementation and production support for each of the client implementations. Included design of various Data Warehouses and Data Marts for various business units.
• Representative clients Include: IBM, IBM-Retail, MetLife, Siemens, ARG, Fidelity, and Time Warner
KPMG LLP, New York, New York November, 1996 – July, 1999
Senior Consultant
• Representative clients include: Deutsche Bank, CS First Boston, Morgan Stanley, JP Morgan, Refco Group, Bank of Montreal, Merrill Lynch and Citicorp.
• Primary job roles included life cycle project management, management consulting, business analysis and business re-engineering using advanced technology concepts, cost benefit analysis and ROI analysis.
• Managed re-architecture, redesign and development of Loan Analysis Software for commercial loans for banks, including embedded credit derivatives, including, swaps, options, swaptions, caps, floors, collars and other exotics. The application was written in C++ with a user interface written in Java, and incorporates a model that utilizes gradual degradation of ratings and calculates the EPVs and RAROCs for commercial loans. Application
Merrill Lynch, Jersey City, New Jersey April, 1994 – November, 1996
Project manager
• Books and Records Project & TES (Transaction Entry System); designed integrated object-oriented models for the entire project using three-tier architecture. Managed team of 60 technical staff and analysts.
• Managed design and development of Transaction Entry System for entering complex transactions including interest rate derivatives, swaps, swaptions, equity derivatives, caps, floors and collars for posting in the Books and Records Repository.
Systems Architect, Administrator for Mortgage Backed Allocations
• Rewrote mortgage optimization algorithm for optimizing high coupon rate mortgage pools Supported the mortgage allocation project on HP (HP-UX) platform. Set up production and development groups, systems security and maintenance
• Systems Architect and Administrator for Variable Interest rates preferred trading system: Supported a trading group for Variable interest rates preferred Supported the development efforts for the group doing software installations
CTA Incorporated, New Jersey June, 1990 – April, 1994
Senior Engineer
• Project Manager and Lead Technical Designer for Reconfigurable Cockpit Simulator (RCS): Designed and Developed an end to end data link software using mixed model (Motif and GL) programming using Object Oriented C. The Simulator was built using F-16 Simulator and converted into a B-747 simulator.
• Designed and developed experimental manager software with air traffic and 3D graphics for Airborne DataLink Program. Designed and developed simulation software for decision analysis, used in streamlining the contract division at the Federal Aviation Administration (FAA) Technical Center
Ohio State University, Columbus, Ohio January, 1989 – June, 1990
Systems Analyst/Programmer,
• Worked as Consultant in the Electrical Engineering Laboratory and in the Computer Center. Supported Various Statistical packages and Hardware Design Packages
Research/Teaching Assistant,
• Worked on NOAA/NASA projects on designing optimal paths using ocean currents for ships.
• Worked as Teaching Assistant for Engineering Economics and Decision Analysis courses
Education
Ohio State University, Columbus, Ohio 1991
• MS in Engineering
• Thesis: Simulation and Modeling of AVI Systems Installation and Economic Feasibility
Memberships
• Member, Global Association of Risk Professionals (GARP)
• Member, International Association of Financial Engineers ( IAFE )