Coremont
Coremont provides Clarion, a cloud-based multi-asset portfolio management system with proprietary derivatives pricing, to institutional investors including hedge funds, asset managers, and sovereign wealth funds, supplemented by managed services, a Python API, and a UCITS platform built with Carne Group.
- Company typePrivate
- Founded2018
- HeadquartersLondon, United Kingdom
- Headcount101–250
- GTM typeB2B
- OfferingSoftware
What Coremont does
Coremont is a London-headquartered fintech spun out of macro hedge fund Brevan Howard in 2018, providing a cloud-based, multi-asset portfolio management system called Clarion to institutional investors. The platform delivers real-time risk analytics, P&L attribution, and proprietary derivatives pricing across rates, fixed income, credit, FX, equities, commodities, and cryptocurrencies, and is accessible through both a UI and a Python SDK / API. Clarion is powered by proprietary pricing models curated by senior quants drawn from Brevan Howard, Barclays, State Street, Qontigo, Axioma, and RiskMetrics, and incorporates novel methodologies such as a fixed income ETF synthetic representation using a tanh amortization function. Around Clarion, Coremont offers managed service modules — Operations Concierge, Treasury Services, Compliance Consultancy, and Investor Relations Services — and a UCITS-compliant fund platform built with Carne Group, all underpinned by a single trade, P&L, and risk data foundation.
The company operates from three offices (London HQ, Stamford CT, Hong Kong), is FCA-regulated through its Coremont Treasury Services subsidiary, and serves an exclusively institutional client base of hedge funds, asset managers, sovereign wealth funds, and financial institutions supporting over $50bn in client AUM. Coremont was entirely self-funded from 2018 until December 2025, when Blue Owl Capital invested $40M via convertible preferred stock — the company's first external capital raise — earmarked for AI integration (Clarion MCP Server / Clarion AI), asset-class expansion into tokenized assets and carbon credits, and 50+ new engineering and sales hires. Revenue is generated primarily through annual enterprise SaaS subscriptions to Clarion, supplemented by managed services, API access fees, and professional services; pricing is quote-based and not publicly disclosed.
The senior leadership team is led by founder and CEO Jev Mehmet (formerly Partner and COO at Brevan Howard), with David Bewick (President & CTO, ex-Brevan Howard), Pirouz Vosoughi (COO, ex-Maven/GAM/Merrill Lynch), Neil Oliver (Chief Quantitative Officer, ex-Barclays), Mike Gittins (CFO, ex-FINBOURNE/EY), and Yu Xu (CSO, ex-Qontigo/Axioma/RiskMetrics). In 2023 Coremont divested its digital asset unit to Elwood Technologies to refocus on the core multi-asset platform; subsequent partnerships with Tradeweb (fixed income execution), SIG Technologies (quant research), and Polymer Capital (APAC macro analytics) extend the platform's reach, while 2025 industry awards from HFM (US and European Services Awards) and Hedgeweek underscore its positioning as a credible institutional alternative to legacy PMS systems.
Coremont firmographics
Firmographics- Name
- Coremont
- Legal name
- Coremont LLP
- Website
- https://coremont.com
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Coremont provides Clarion, a cloud-based multi-asset portfolio management system with proprietary derivatives pricing, to institutional investors including hedge funds, asset managers, and sovereign wealth funds, supplemented by managed services, a Python API, and a UCITS platform built with Carne Group.
- Ownership category
- akta.pro rank
Where Coremont is headquartered
LocationHeadquarters
- HQ city
- London
- HQ country
- United Kingdom
- HQ region
- Europe
Offices3 records
Markets served
Coremont business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Infrastructure, Operations
Revenue model
- Portfolio Management Software (SaaS/PMS): Coremont generates revenue primarily through subscription-based access to its Clarion platform — a cloud-based portfolio management system. Clients pay for access to real-time analytics, risk management, and reporting capabilities across all asset classes. The platform is available via UI and API, with tiered service levels implied by client testimonials referencing 'end-to-end solution' and 'integral' usage. The December 2025 $40M Blue Owl investment (structured as convertible preferred stock issuance) marks the company's first external capital raise, indicating prior self-funded growth.
- Managed Services (Operations Concierge, Treasury, Compliance): Coremont provides a suite of managed services including Operations Concierge, Treasury Services, Compliance Consultancy, and Investor Relations Services. These are delivered by experienced investment professionals supporting all components of the investment lifecycle, underpinned by the same trade, P&L, and risk data foundation as the software platform.
- Professional Services and UCITS Platform: Coremont offers professional services including the Coremont Investment Fund UCITS Platform in collaboration with Carne Group, providing a UCITS-compliant SICAV structure for investment managers. Compliance consultancy and regulatory reporting services also constitute professional service revenue streams.
- API Access and Data Licensing: The Clarion API with Python SDK provides programmatic access to Coremont's proprietary pricing and analytics library. Clients can integrate this library into their own portfolio management infrastructure, generating revenue through API access fees (potentially per-seat or usage-based) in addition to core platform subscriptions.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Enterprise SaaS subscription — full platform access |
| Subscription | Annual | API access and programmatic integration |
Go-to-market motion2 records
Distribution channels2 records
Marketing channels7 records
Coremont product offering
Product offeringCore offering
Coremont provides cloud-based portfolio management software (Clarion) that delivers real-time risk, P&L, and analytics across all asset classes (rates, fixed income, credit, FX, equities, commodities, derivatives, and cryptocurrencies). The Clarion platform is offered via a flexible UI and a Python SDK API, underpinned by proprietary pricing models. Coremont also sells managed services (Operations Concierge, Treasury Services, Compliance Consultancy, Investor Relations Services) and operates a UCITS-compliant fund platform in partnership with Carne Group.
Product overview
Coremont offers a unified portfolio management platform with Clarion as its core cloud-based PMS product providing real-time multi-asset analytics, risk management, and P&L tools. The platform is complemented by managed service modules including Operations Concierge, Treasury Services, Compliance Consultancy, and Investor Relations Services. Coremont also provides a Python-based API product (Clarion API) for programmatic access to its analytics library, and operates the Coremont Investment Fund UCITS Platform in partnership with Carne Group. The company was spun out from Brevan Howard in 2018.
Differentiator
Problem solved
Functional benefit
Brands
- Clarion: Cloud-based portfolio management software providing live risk, P&L and rich analytical tools to investment managers across all asset classes, including rates, fixed income, credit, FX, commodities and equities.
- Clarion API
- Coremont Investment Fund
Products and services
- Clarion PMS Cloud-based portfolio management system providing real-time risk, P&L and rich analytical tools to investment managers across all asset classes including rates, fixed income, credit, FX, equities, commodities, derivatives and cryptocurrencies. Built to support institutionally high trading volumes and complex multi-strategy portfolios.
- Operations Concierge
Quantifiable outcome
- Supports over $50bn in assets under management across its client base
- +3 more outcomes
Companies that use Coremont
Customer profileNamed customers6 records
Segments3 records
Ideal customer profiles3 records
Coremont technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
AI capability6 records
Feature6 records
Coremont partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered strategic.
- Polymer CapitalstrategicStrategic partnership between Coremont and Polymer Capital, a pan-Asian investment solutions provider specializing in equity, quantitative, and macro strategies. Under the three-part agreement, Coremont delivers advanced macro analytics, real-time risk management tools, and scalable technology infrastructure to support Polymer Capital's investment strategies and portfolio oversight. Reflects growing institutional demand for cloud-enabled portfolio management solutions.
- Carne GroupstrategicLaunch of Coremont Investment Fund UCITS Platform in collaboration with Carne Group, the largest third-party fund management company in the world. The platform is a UCITS-compliant SICAV incorporated in Luxembourg, combining Coremont's operational expertise in alternative strategies with Carne's longstanding pedigree as a Management Company operator. Enables investment managers to bring new funds to market faster and at lower cost.
Scale indicators6 records
Recent moves7 records
Expansion highlights7 records
Coremont competitors and assessment
Company assessmentDirect peers
- SimCorp: SimCorp provides investment management software (SimCorp Dimension) for asset managers, insurers and pension funds, covering portfolio accounting, risk and compliance — directly overlapping Clarion's PMS, risk and reporting functionality across institutional asset owners. Comparable as a horizontal platform targeting buy-side CIOs, COOs and CFOs.
- Charles River Development (State Street): Charles River is an investment management platform owned by State Street offering order management, portfolio management, risk and compliance for asset managers and hedge funds. It competes head-to-head with Coremont for multi-asset portfolio management mandates at traditional and alternative asset managers.
- Clearwater Analytics: Clearwater Analytics is a cloud-native investment accounting and analytics platform serving asset managers, insurers and corporate treasuries with portfolio reporting, reconciliation, compliance and risk. Comparable to Clarion's cloud-native PMS positioning and target institutional buyer profile.
- SS&C Eze (Eze Investment Suite): SS&C Eze provides front-to-back investment management software (order management, execution, portfolio analytics) to hedge funds, traditional asset managers and family offices. Directly comparable to Clarion for hedge fund and multi-strategy buy-side workflows.
- Enfusion: Enfusion provides integrated front-to-back investment management software (portfolio management, risk, accounting, reporting) targeted at hedge funds and institutional asset managers — closely mirroring Coremont's Clarion platform in multi-strategy, multi-asset hedge fund deployments.
Broad incumbents
- BlackRock Aladdin: BlackRock's Aladdin is the largest institutional investment management platform covering portfolio management, risk analytics, trading and operations across all asset classes. Bloomberg explicitly benchmarked Coremont against Aladdin, making it the most relevant broad incumbent — though its scale, breadth and captive-BlackRock distribution dwarf a focused vendor like Coremont.
- MSCI (RiskMetrics / Barra): MSCI provides risk analytics, portfolio construction and ESG tools used by institutional asset managers and asset owners. RiskMetrics (Coremont CSO Yu Xu's heritage) was a direct predecessor category, and MSCI competes broadly with Coremont's risk and analytics functions on the buy side.
- Bloomberg Portfolio & Risk Analytics (PORT): Bloomberg PORT offers multi-asset portfolio analytics, risk and reporting to institutional asset managers and asset owners. As the dominant financial-data incumbent it overlaps with Clarion on portfolio analytics and P&L attribution workflows for the same institutional buyers.
- FactSet: FactSet provides portfolio analytics, performance, risk and reporting tools for institutional asset managers alongside broader data, analytics and workflow products. It competes with Coremont on analytics and reporting layers at multi-asset institutional buyers, though as part of a much broader enterprise platform.
Emerging players
- Qontigo: Qontigo combines STOXX index business with Axioma portfolio analytics and risk models, selling institutional risk and portfolio construction tools to asset managers and asset owners. Directly comparable on the risk analytics layer; notably Coremont CSO Yu Xu joined from Qontigo, making it an alumni/hiring overlap signal as well.
Market position
Strengths5 records
Weaknesses4 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
Coremont social profiles
Digital presenceCoremont compliance and trust
Trust signalCompliance1 record
Coremont financial estimates
Financial estimateRevenue estimate
Valuation estimate
Coremont leadership team
Management profileNumber of profiles
Profiles10 records
Coremont subsidiaries and ownership
Company hierarchySubsidiaries1 record
Coremont funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Coremont M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Coremont
What does Coremont do?
Coremont provides cloud-based portfolio management software (Clarion) that delivers real-time risk, P&L, and analytics across all asset classes (rates, fixed income, credit, FX, equities, commodities, derivatives, and cryptocurrencies). The Clarion platform is offered via a flexible UI and a Python SDK API, underpinned by proprietary pricing models. Coremont also sells managed services (Operations Concierge, Treasury Services, Compliance Consultancy, Investor Relations Services) and operates a UCITS-compliant fund platform in partnership with Carne Group.
Is Coremont a public or private company?
Coremont is a private company. It is classified as venture growth investor backed and is currently operating.
When was Coremont founded?
Coremont was founded in 2018. It employs 101 to 250 people.
Where is Coremont based?
Coremont is headquartered in London, United Kingdom, in the Europe region.
How does Coremont make money?
Four revenue lines are on record. Portfolio Management Software (SaaS/PMS) is the primary driver. The others are managed Services (Operations Concierge, Treasury, Compliance), professional Services and UCITS Platform and API Access and Data Licensing.
Who are Coremont's main competitors?
Direct peers on record are SimCorp, Charles River Development (State Street), Clearwater Analytics, SS&C Eze (Eze Investment Suite) and Enfusion. Broad incumbents are BlackRock Aladdin, MSCI (RiskMetrics / Barra), Bloomberg Portfolio & Risk Analytics (PORT) and FactSet. Qontigo is listed as an emerging player.
Does Coremont have an API?
Yes. The Clarion API provides programmatic access to Coremont's proprietary pricing and analytics library, enabling developers to integrate portfolio analytics, pricing, and risk management capabilities into their own systems. The API includes coverage across all asset classes (rates, fixed income, credit, FX, equities, and commodities), live and historical pricing for listed and OTC derivatives, portfolio analytics, strategy back-testing, operational reporting, what-if scenario simulation, and P&L attribution. It is accessible through a fully supported Python SDK with comprehensive documentation. Developer documentation is at www.coremont.com/our-api.