An alumnus of Indian Institute of Management Ahmedabad (IIM-A) & Indian School of Business (ISB), Umesh Mittal has 19+ years of experience in information technology enabled consulting, implementation and services on financial, real state, manufacturing & supply chain domains in India & APAC regions. He is the Group Head-IT at Alchemy Capital Management.
Alchemy is a financial services organization with focus to cater to ultra HNIs in India. It’s a registered PMS company. For a fund management company, the challenging task is to maintain the performance level with increasing base of clients. That’s where the combination of new technologies like Artificial Intelligence (AI) based, Robo advisory systems, for assisting the fund managers in taking decisions helps. The team formulated a strategy to assist the company in Fund management, fund accounting & order management systems based on the above technologies. The results accrued have been phenomenal – with the help of these technologies, it is now possible, to manage large no of tailor-made portfolios for a large no of clients, which was not possible earlier. Technological enablement in fund management has led to upscaling and downscaling of the services of a fund manager, without compromising on the quality of services.